Wike lauds Tinubu’s fuel subsidy removal, says  FG, states, LGs, now share N2trn monthly

The former Rivers governor observed that despite initial public concerns over the fuel subsidy removal, the situation has started to improve.

He said, “You may not be right, but you must take a decision and that’s what this present government is doing.

“People forget where we were yesterday. The day Mr President decided to remove fuel subsidy, I don’t know how many people will be in a position to take that decision. So bold, very difficult decision. But sacrifices must be made and some of us started crying, ‘how can you remove fuel subsidy?’ The masses are suffering.

“But by the grace of God, that decision he took – very difficult decision, that made a lot of prices to group, price of fuel up – today, things are stabilising.”

Wike disclosed that the federal government, states, and local councils now get over N2 trillion monthly from the federal account, crediting President Tinubu’s bold policy decisions for the significant increase.

Wike said, “500 billion naira in a month for the federation. Never. I’ve never had more than 10, 15 billion a month.

“Today,  not less than 2 trillion is being shared every month. Why? Because of the removal of the fuel subsidy.”