The Special Aide to the President on Media and Publicity, Femi Adesina has said the continuous suspension of the removal of the subsidy on the Premium Moto Spirit, will only lead or may lead to more borrowings as its unsustainable while stating that at the moment be it heads or tail Nigerians will pay a price.
President Buhari’s media aide, stated this during an interview on Channels Television on Wednesday, January 26.
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According to him, “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.
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.”
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