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Oil Subsidy Removal: People that were against it were those benefiting from it, Hon Abdulkareem

opera.com 2024/5/15

Hon. Jubreel Abdulkareem, a chieftain of the All Progressives Congress (APC) and a member of the Lagos State House of Assembly, representing Constituency 02, has expressed his views on the actions of Asiwaju Bola Ahmed Tinubu, a prominent political figure. Abdulkareem acknowledges Tinubu as an economist who has consulted widely and taken responsibility for his decisions.

He suggests that those who opposed the removal of oil subsidies in the past were likely benefiting from the existing system and resisted change. Abdulkareem notes that the situation has now changed, with individuals being more compliant and even selling their dollars before further depreciation

In an interview with The Sun, He said, "Asiwaju Bola Ahmed Tinubu is an economist on his own. He must have consulted widely enough on his own. He has his own onus on what he is going to do and today everything is taking shape.

The people that were against the removal of the oil subsidy were the those benefiting from the status quo and that was why they were fighting back when it was removed. Today no one is telling them to fall in line. Even those with dollar stashed somewhere are bringing it out and trying to sell it before it falls beyond their expectation."

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