Our reporter/ Nigerian Catholic priest, Rev Fr Chinenye Oluoma, on Monday advised President Bola Tinubu to discard the idea of sharing N8,000 to 12 million Nigerians, describing it as “a puerile, penny wise pound foolish economics”.
Oluoma, who gave the advice via a Facebook post, urged Tinubu to rather use the money to provide “palliative transportation” for the masses and special groups like students and farmers while working on long-term plans.
Thecleric, a staunch supporter of fuel subsidy removal because of the ‘demonic’ corruption it portends, insisted that investing the money from subsidy into job-creating ventures like transportation and agriculture is the most appropriate thing to do.
“I am a supporter of the removal of fuel subsidy for obvious reasons. Aside from the demonic corruption in it, which every government have been powerless to exorcise, investing the money from subsidy into job-creating ventures like transportation and agriculture is the most important justification for its removal, he wrote.
“Make buses available for commuters at local government levels, make special trucks available for the transportation of farm produce, or better still, work with commercial farmers to identify their regular transporters and subsidize fuel or diesel for their haulage vehicles and ensure they don’t add a kobo to what they charge farmers and traders.
“President Tinubu should not entertain this idea at all, he should use that money and provide “palliative transportation” vehicles for the masses and special groups like students and farmers while working on long-term plans.
”Sharing 8k is completely a ‘town hall’ economics NOT different from balablu and hullabaloo.”
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