President Muhammadu Buhari’s Special Adviser on Media and Publicity, Femi Adesina, has said that the suspension of the removal of subsidy will lead the nation to continue to borrow.

Adesina speaking in a recent interview on Channels Television said that Nigeria will have to pay a price and that the nation could have saved much if fuel subsidy was removed.

He went on to say that the money could have been diverted to other areas and spheres of national life.

He said “Head or tail, Nigeria will have to pay a price, it’s either we pay the price for the removal in consonance and in conjunction with the understanding of the people, but if that will not come, the other cost is that borrowings may continue, and things may be difficult fiscally with both the states and the Federal Government.

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“You know how much could have been saved if the subsidy was removed and how it could have been diverted to other areas and spheres of national life. But if you do not go that way now – and I agree that it may not be auspicious to go that way, then we have to pay a price.”