• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, June 28, 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

PICTORIAL: 300 Journalists Benefit From Abuja NUJ, Nizamiye Hospital Medical Outreach

PICTORIAL: 300 Journalists Benefit From Abuja NUJ, Nizamiye Hospital Medical Outreach

1 hour ago
Nollywood Filmmaker, Kayode Peters, Dies In Canada

Nollywood Filmmaker, Kayode Peters, Dies In Canada

2 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

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


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

PICTORIAL: 300 Journalists Benefit From Abuja NUJ, Nizamiye Hospital Medical Outreach
News

PICTORIAL: 300 Journalists Benefit From Abuja NUJ, Nizamiye Hospital Medical Outreach

2025/06/28
Nollywood Filmmaker, Kayode Peters, Dies In Canada
Entertainment

Nollywood Filmmaker, Kayode Peters, Dies In Canada

2025/06/28
PICTORIAL: Mammoth Crowd Attends Ga’ib Funeral Prayer For Late Dantata In Kano
News

PICTORIAL: Mammoth Crowd Attends Ga’ib Funeral Prayer For Late Dantata In Kano

2025/06/28
Meet Nigerian Fintech Expert, Business Dev’t Consultant Ken Nwokike
Business

Meet Nigerian Fintech Expert, Business Dev’t Consultant Ken Nwokike

2025/06/28
Coup Calls Blamed On Criminals Losing Ground To Military
News

Fake News Threatens Military Morale — NYSDI

2025/06/28
Niger Killings: NEF Demands State Of Emergency In Northern Nigeria
News

Niger Killings: NEF Demands State Of Emergency In Northern Nigeria

2025/06/28
Leadership Conference advertisement

LATEST

Kwara United Win 2025 President Federation Cup

PICTORIAL: 300 Journalists Benefit From Abuja NUJ, Nizamiye Hospital Medical Outreach

Nollywood Filmmaker, Kayode Peters, Dies In Canada

PICTORIAL: Mammoth Crowd Attends Ga’ib Funeral Prayer For Late Dantata In Kano

Meet Nigerian Fintech Expert, Business Dev’t Consultant Ken Nwokike

Fake News Threatens Military Morale — NYSDI

Akwa Ibom APC Chairman Killed In Brawl With PDP Supporters Over Largesse

Niger Killings: NEF Demands State Of Emergency In Northern Nigeria

Dantata Leaves Monumental Legacy In Philanthropy, Entrepreneurship — Buhari

Rivers Angels Beat Nasarawa Amazons To Win 2025 President Federation Cup

© 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.