The erstwhile Senior Special Assistant on Media to former
President Muhammadu Buhari, Garba Shehu, has given reasons his administration
could not do away with fuel subsidy.
Shehu claimed that only a new administration with goodwill
that fills a warehouse could attempt to remove fuel subsidy, insisting that
only President Bola Tinubu enjoys such.
In a statement via his verified Twitter handle on Monday,
Shehu said Buhari’s administration in its last days could not also have done
away with the controversial policy because the All Progressives Congress, APC,
had an election to win.
He argued that the party could have been thrown out of office if it had implemented the new Petroleum Industry Act.
Part of the statement reads: “So no, Buhari didn’t remove
the petrol subsidy–but in vitally important stages, he removed every other
budget-busting, egregious, economic-growth-crushing subsidy along the way.
“So far I have refrained from answering these repeated
questions on the removal in Nigeria of subsidies on Premium Motor Spirit, PMS,
and that arising from the dual rates of the Naira in the Central Bank and the
parallel market: Why did Buhari “fail” to do these?
“First of all, my thinking is that instead of the former
President answering this question, it is the Party, the All Progressives
Congress, APC, that is best suited to speak, and failing to do this, we are
forced to say what will follow here.
“Secondly, we are mindful of the fact that with a
Tinubu/Shettima presidency now in place and for which there is a “New Sheriff
in Town, we do not want to distract them from the onerous tasks facing them and
the nation. Neither is it our wish to take the spotlight away from them in any
way.
“In terms of the timings of the decisions to remove fuel
subsidy and unify the currency, the Tinubu/Shettima administration has done
overwhelmingly well. Even more importantly, they have been most dexterous in
managing the aftermath of the decisions by successfully avoiding any crisis.
“The decision to remove subsidies, as in our case—and we
believe in all situations—was not for the President to take all by himself.
“Removing subsidies for the Naira and PMS was cued and put
on hold. Look, for example, in the Petroleum Industry Act. The important
decision was kept for a better time.
“It could not have come at a time when tensions were high in
the country, and no responsible leader would have added fuel to the fire.
“In the view of many—including those in the security
circles—only a new administration with a goodwill that fills a warehouse can
attempt this, and here now comes the wit and grit of the Tinubu government.
“Finally, we must be politically honest with ourselves. The
Buhari administration in its last days could not have gone the whole way
because the APC had an election to win. And that would have been the case with
any political party that was seeking election for another term with a new
principal at its head.
“Poll after poll showed that the party would have been thrown out of office if the decision as envisaged by the new Petroleum Industry Act was made.”
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