• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, June 7, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Fuel Subsidy Removal Has Forced Nigerians To Change Lifestyle – Ex-Rep

by Anayo Onukwugha
2 years ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

 

Advertisement

A former member of the House of Representatives, Hon. Ogbonna Nwuke, has said the removal of subsidy, which led to the sudden increase in petrol pump price has forced many Nigerians to change their lifestyles.

Speaking to LEADERSHIP in Port Harcourt, Nwuke, who is a chieftian of the Peoples Democratic Party (PDP), said the development has not only affected the cost of food items, but that of transportation.

He said: “If we are to take a global view of what is happening, it is not only in Nigeria that fuel price has gone up, which means that cost of energy at its production are beginning to impact on the citizens.

“Of course, in our own case, we have been dilly-dallying overtime when it comes to the issue of important matters, particularly about fuel subsidy. This removal will affect the way those of us in Nigeria and those of us in Rivers State behave.

RELATED

ABU To Honour Uwais, Fika, Chihombori-Quao

ACF Mourns Uwais, Describes Ex-CJN Jurist Of Repute

3 hours ago
Godly Parenting Summit To Empower Parents For Brighter Future

Godly Parenting Summit To Empower Parents For Brighter Future

4 hours ago

“Honestly speaking, the very reason why the Petroleum Industrial Act was promulgated by the National Assembly was to ensure good use, particularly downstream sector of the oil and gas sector.

“Critical to that Act was the issue of deregulation. And when you say deregulation, you are saying that we must submit to market forces.

“So, when you look at the decision the President has taken in order to reduce the weight, particularly, the leakages that are associated with payment of subsidy, you can find out that fuel has found its level in terms of cost.

“The fuel price increase is now affecting the way we behave. Because the economy runs on fuel largely, the cost of food items has gone up. These are seeming indications of what will come in the short run.

“But, I think in the long run, If the Dangote Refinery was to come on stream; if all the refineries, which are owned by the system are to operate, if Bua, which is about one or two years behind Dangote in the construction of refinery is, the prices of these products will drop. It is not something that will drop immediately.

“Part of the impact on me is that I have to reassess my needs, how I get around and what my money can buy and keep my family running. So, everything has gone up.

“However, I am not one of those ones who will wake up and say why did they remove subsidy? I am one of those who really think this is the time to live within our limits in this country and as a people.

“I think that it will affect movements and for me, it is already affecting my test. What we should do is to adjust.”


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


SendShareTweetShare
Previous Post

2023 Hajj: NAHCON Deserves Commendation Not Condemnation – Almakura

Next Post

Kaduna Community Honours New FRSC Boss, FAAN MD, Gov’s Media Aide

Anayo Onukwugha

Anayo Onukwugha

You May Like

ABU To Honour Uwais, Fika, Chihombori-Quao
News

ACF Mourns Uwais, Describes Ex-CJN Jurist Of Repute

2025/06/06
Godly Parenting Summit To Empower Parents For Brighter Future
News

Godly Parenting Summit To Empower Parents For Brighter Future

2025/06/06
Eid-al-Adha: No Nation Rises Without Unity, Sacrifice — Shettima
News

Eid-al-Adha: No Nation Rises Without Unity, Sacrifice — Shettima

2025/06/06
Better Days Ahead, Makinde Assures Civil Servants
News

Makinde Advocates 6-year Single-term For Political Office Holders

2025/06/06
Police Investigate Fire Incident At Redeemed Church
News

Fire Guts Section Of Kano Phone Market On Eid Day

2025/06/06
Interim Gov’t Plot: Shehu Sani Taunts DSS Over Claim
News

Hardship: El-Rufai, Amaechi Owe Nigerians Apology — Shehu Sani

2025/06/06
Leadership Conference advertisement

LATEST

ACF Mourns Uwais, Describes Ex-CJN Jurist Of Repute

Tolu Arokodare On Target As Super Eagles Share Spoils Against Russia

Godly Parenting Summit To Empower Parents For Brighter Future

Eid-al-Adha: No Nation Rises Without Unity, Sacrifice — Shettima

Makinde Advocates 6-year Single-term For Political Office Holders

Fire Guts Section Of Kano Phone Market On Eid Day

Hardship: El-Rufai, Amaechi Owe Nigerians Apology — Shehu Sani

Raphinha Named 2024/2025 La Liga Player Of The Season

Benue Gov’t Directs Residents To Vacate Flood-prone Areas

Gabriel Signs New Long-term Deal At Arsenal 

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.