The Senate has commended President Bola Tinubu, over his decision to end the fuel subsidy regime.
President of the Senate, Godswill Akpabio, said the senate with Tinubu’s courage in removing the fuel subsidy.
During plenary, Akpabio urged Tinubu to ensure urgent implementation of palliative measures put in place to cushion the effect of subsidy removal.
This was after Imo North Senator, Patrick Ndubueze, move a motion titled “Need to Investigate the controversial huge expenditure on Premium Motor Spirit(PMS) under the Subsidy/Under Recovery Regime by the NNPCL, agreed to among others, constitute an Adhoc Committee to holistically investigate all controversies surrounding “subsidy and under recovery regime.”
Ruling on the motion after deliberations and contributions by members on the floor of the Senate, Akpabio got the nod of his colleagues to formally commend Tinubu on his courageous decision to stop the payment of subsidy on PMS.
The lawmakers, however, called on the president to ensure that the planned palliatives intended to be put in place to cushion the effect of the removal of the subsidy.
Akpabio, while commending his colleagues on their decision to commend Tinubu on the fuel subsidy removal said: “We commend President Tinubu for the decision to remove fuel subsidy. We are excited for the courage displayed by the president.
“It was one decision that had to be taken and we are happy that it was taken during the lifetime of the 10th Senate. We are also looking forward to the implementation of the palliatives.”