Professor of Strategy and Development, Anthony Kila, has described the administrations of President Bola Ahmed Tinubu as the one led by the communications unit of the presidency.
According to him, Tinubu’s presidency rushes to the press to announce policy without an implementation plan. Kila who spoke during the Morning Show on Arise TV this morning faulted the announcement of fuel subsidy by President Tinubu which he described as a poorly thought-out policy.
Subsidy Removal: Kano Mechanics Suffer Low Patronage as Fuel Hike Continues
He criticized the effort of the government to address the outcome of fuel subsidy removal after the public announcement, describing it as a poor strategy.
“This government is high on intention, but low on substance,” he said.
Tinubu made the announcement of subsidy removal during his inauguration ceremony on May 29, citing budgetary concerns. The decision led to an increase in fuel prices and a higher cost of living. Fuel prices now range between N600 and N700 per litter in various Nigerian states.
WikkiTimes had reported the impact of the subsidy removal on common Nigerians. Some of them can be seen here, here and here.
Before the federal government came up with its plan to give conditional cash transfers of N8,000 to 12 million vulnerable households, WikkiTimes had analysed how the N400 billion saved from subsidy could be reasonably used to help many households.
No fewer than 714,410 vulnerable persons in northern Nigerian would get N200,000 each if the federal government wishes to give cash palliative from the N400 billion saved from subsidy removal, using the template it adopted for Conditional Cash Transfer (CCT) during COVID-19 pestilence in 2020, WikkiTimes analysis suggests.
