Vice-President Kashim Shettima says payment of petrol subsidy will get \u201crid\u201d of the country if it is not removed.<\/p>\n
Speaking with journalists on his first day in office on Tuesday, Shettima said the administration of President Bola Tinubu would \u201cfrontally address\u201d the issue of petrol subsidy.<\/p>\n
The vice-president said there would be opposition from those benefiting from the petrol subsidy scam, adding that President Asiwaju Bola Ahmed Tinubu is a man of strong will and conviction<\/p>\n
\u201cThe president has already made a pronouncement yesterday on the issue of the fuel subsidy,\u201d he said.<\/p>\n
\u201cThe truth of the matter is that it is either we get rid of subsidy or the fuel subsidy gets rid of the Nigerian nation.<\/p>\n
\u201cIn 2022, we spent $10 billion subsidising the ostentatious lifestyle of the upper class of society because you and I benefit 90 percent from the oil subsidy.<\/p>\n
\u201cThe poor 40 percent of Nigerians benefit very little. And we know the consequences of unveiling a masquerade. We will get fierce opposition from those benefitting from the oil subsidy scam. But where there is a will, there is a way.<\/p>\n
\u201cRest assured that our president is a man of strong will and conviction. In the fullness of time, you will appreciate his noble intentions for the nation. The issue of fuel subsidy will be frontally addressed. The earlier we do so, the better.\u201d