Business

Petrol Subsidy Return Will Worsen Poverty- NOA

The Director-General of the National Orientation Agency (NOA), Lanre Issa-Onilu, on Wednesday, urged Nigerians to develop survival strategies due to the economic impact of President Bola Tinubu’s removal of the petrol subsidy.

Issa-Onilu, a former spokesman for the ruling All Progressives Congress (APC), stated that poverty will worsen if the petrol subsidy is reinstated, as demanded by #EndBadGovernance protesters in the past week.

“Anybody who is making a demand that subsidy removal should be brought back is making an emotional demand, not an economic demand because you have to also prove that if it is brought back, it will solve the issue of poverty; it will not, it will aggravate it,” Issa-Onilu said on Channels Television’s Sunrise Dailybreakfast show.

“So, what we should be doing is: How do we survive in spite of the removal?’ We need to promote all the efforts of this government to ensure that we survive without that subsidy.”

He also admitted the trust deficit between leaders and followers in the country due to repeated cases of broken promises over the years.

Issa-Onilu, who addressed information managers, said, “It is difficult to talk to a people who have for several years been let down. Nigerians feel let down. The first question they ask you is: ‘Is this another promise that will not be kept?’ So, we must prove to Nigerians that this government is keeping to its promises.”

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