Since the removal of fuel subsidy, the big question arises: What will be done with the money saved? There have been various promises that this removal will lead to significant growth in the country, including infrastructure development and improvements in the economy.
Former Kaduna Central Senator, Shehu Sani, has taken a controversial stance by urging President Bola Ahmed Tinubu not to distribute the subsidy funds savings among governors. Instead, Sani proposes channeling these funds towards connecting every state in the Federation with railways and dual carriageways.
Sani expressed his views during a press conference at his residence in Kaduna, emphasizing the need for transparency regarding the utilization of subsidy funds. He believes that the money should be allocated to building roads, improving the education and health sectors, and ensuring that every Nigerian benefits from these developments.
“I firmly believe that the government should not distribute the subsidy funds to individuals, but rather invest in tangible projects that will benefit us all,” Sani stated, advocating for visible and widespread utilization of the funds.
He further noted the positive changes in the oil sector under the administration of Mele Kyari, highlighting the discovery and exploitation of oil in the North and the significant reduction in oil theft in the Niger Delta.
Addressing the issue of insecurity, Shehu Sani commended President Tinubu’s initial actions, particularly the appointment and dismissal of service chiefs. He praised the appointment of competent individuals to key security positions, emphasizing the importance of their roles in protecting the nation and its citizens.
Sani expressed concern about the reign of terrorists in certain regions of Nigeria, as well as the activities of Iswap and bandits who continue to terrorize innocent Nigerians. He criticized the government for spending $20 million on security and defense without yielding tangible results.
According to Sani, the present service chiefs must prioritize safeguarding citizens and preserving Nigeria’s territorial integrity. He emphasized the urgent need to salvage the country, setting it on a path of sustainable development and peaceful coexistence.
It remains to be seen whether these promises will be fulfilled, and whether Shehu Sani’s recommendations regarding the use of subsidy funds will be heeded. The outcome will determine whether the removal of fuel subsidy becomes another failed endeavor or a successful venture.
