Anambra state governor, Professor Chukwuma Soludo, has stated that the effect of fuel subsidy on petrol has clearly shown that Nigeria is a poor country.
Soludo, who spoke on Tuesday during the 9th (7th Quadrennial) Delegates Conference of the Nigeria Union of Teachers (NUT), Anambra State wing, described the subsidy removal as necessary.
Commending President Bola Tinubu for his courage to end fuel subsidies, Soludo stated that the removal could re-engineer the nation’s economy.
He words:
“It’s high time the country woke up to the reality that it is a poor country and began to live within its means.
“Starting from those in leadership, there was a need to begin to live and demonstrate to the people that Nigeria is a poor country.
“The reality of the subsidy removal affected everybody, not just civil servants. The present administration’s plan to cushion the effects was all-encompassing, including immediate and medium-term efforts.”
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