{"id":89107,"date":"2023-06-03T10:31:35","date_gmt":"2023-06-03T09:31:35","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/fuel-subsidy-not-sustainable-apc-governors"},"modified":"2023-06-03T12:52:22","modified_gmt":"2023-06-03T11:52:22","slug":"fuel-subsidy-not-sustainable-apc-governors","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/fuel-subsidy-not-sustainable-apc-governors","title":{"rendered":"Fuel subsidy not sustainable \u2013 APC governors"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The Progressive Governors Forum (PGF) has said that the fuel subsidy regime is not a sustainable system for the nation\u2019s economy.<\/p>\n<p>At a briefing in Abuja on Friday, members of the forum also expressed their support for the decision taken by President Bola Tinubu on the issue.<\/p>\n<p>Gov. Hope Uzodinma of Imo, who spoke to State House correspondents after a meeting with the president, said the decision to remove fuel subsidy was an inherited legacy by the administration.<\/p>\n<p>He said that what Nigerians should be talking about now is sustainable alternatives that would benefit every citizen, adding that subsidy removal was long overdue.<\/p>\n<p>\u201cFirstly, the decision about removing fuel subsidy was what presidential candidates promised Nigerians during their campaigns. It is not something new.<\/p>\n<p>\u201cWhat the president did was only to say there is no allocation for subsidy in the 2023 budget from June, and that\u2019s the reality.<\/p>\n<p>\u201cThe removal of fuel subsidy was what we had decided as members of the economic team during the last administration of President Muhammadu Buhari,\u201d he said.<\/p>\n<p>Uzodinma said that the history of oil deregulation was a long one that required patriotic responsibility to be tackled once and for all.<\/p>\n<p>\u201cOne may wonder why the rush to increase pump prices immediately. Since May 29, I don\u2019t think anybody has imported fuel. What they are selling is still the old stock. We really need to be our brothers\u2019 keepers. There is no way we can be like other nations that we admire without incorporating global practices. The private and public sectors must collaborate to ensure an economy that is free, fair, and competitive,\u201d he said.<\/p>\n<p>The governor added that the real issue remains that not many Nigerians are enjoying the benefits of the subsidy as intended by government.<\/p>\n<p>\u201cI am sure not many Nigerians are aware of the real issue of oil subsidy and those who are benefiting from it. The fact still remains that no nation can develop through unsustainable economic policies like the oil subsidy. A responsible government must look at it holistically and take a decision that is in the best interest of the citizens,\u201d he said.<\/p>\n<p>On the measures to be taken to cushion the effect of the subsidy removal, Uzodinma said that the federal government was working out measures for that.<\/p>\n<p>He said: \u201cDon\u2019t forget that the President is a man of the people. He was the first governor to increase workers\u2019 salaries in Lagos State. This time, we know he will do the same.\u2019\u2019<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/nigeria\">Nigeria<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The Progressive Governors Forum (PGF) has said that the fuel subsidy regime is not a sustainable system for the nation\u2019s economy. At a briefing in Abuja on Friday, members of the forum also expressed their support for the decision taken by President Bola Tinubu on the issue. Gov. Hope Uzodinma of Imo, [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":89106,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[1570,2140,34,565,254],"class_list":["post-89107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-nigeria-2","tag-apc","tag-fuel-subsidy","tag-nigeria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Fuel subsidy not sustainable \u2013 APC governors - Nigeria<\/title>\n<meta name=\"description\" content=\"The Progressive Governors Forum (PGF) has said that the fuel subsidy regime is not a sustainable system for the nation\u2019s ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/fuel-subsidy-not-sustainable-apc-governors\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fuel subsidy not sustainable \u2013 APC governors\" \/>\n<meta property=\"og:description\" content=\"The Progressive Governors Forum (PGF) has said that the fuel subsidy regime is not a sustainable system for the nation\u2019s ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/fuel-subsidy-not-sustainable-apc-governors\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-03T09:31:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-03T11:52:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/06\/sm_1685776879.642587.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"972\" \/>\n\t<meta property=\"og:image:height\" content=\"565\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/fuel-subsidy-not-sustainable-apc-governors#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/fuel-subsidy-not-sustainable-apc-governors\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Fuel subsidy not sustainable \u2013 APC governors\",\"datePublished\":\"2023-06-03T09:31:35+00:00\",\"dateModified\":\"2023-06-03T11:52:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/fuel-subsidy-not-sustainable-apc-governors\"},\"wordCount\":436,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/fuel-subsidy-not-sustainable-apc-governors#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/06\/sm_1685776879.642587.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"APC\",\"fuel subsidy\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/fuel-subsidy-not-sustainable-apc-governors#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/fuel-subsidy-not-sustainable-apc-governors\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/fuel-subsidy-not-sustainable-apc-governors\",\"name\":\"Fuel subsidy not sustainable \u2013 APC governors - 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