The Coalition of South East Youth Leaders (COSEYL), an Igbo interest group, has criticized President Bola Tinubu’s plan to provide an N8,000 subsidy palliative to 12 million households. In a press release signed by its President General, Mr. Goodluck Ibem, the organization referred to the idea as a deceptive gift.
COSEYL argued that a monthly allowance of N8,000 would not allete the hardships caused by the removal of fuel subsidies in the lives of Nigerians. They claimed that Tinubu’s proposal to pay 12 million households N8,000 for six months is merely another scheme to exploit the country’s resources. The group also drew parallels to a similar program carried out by Sadiya Umar Farouq, the Minister of Humanitarian Affairs and Disaster Management, under President Muhammadu Buhari’s administration, stating that it did not benefit households as intended but rather served as a conduit for draining the nation’s funds.
COSEYL expressed the dissatisfaction of Nigerians with such programs, asserting that instead of fulfilling the promises of a better life, these initiatives would only intensify the suffering and misery experienced by the population. The rising costs of goods and services, driven by escalating fuel and petroleum product prices, have made it increasingly challenging for Nigerians to provide for their families, afford transportation, and meet other essential needs.
The group called for measures that directly benefit the people, rather than exacerbating the hardships and extreme poverty caused by the elimination of fuel subsidies. They expressed a desire for truthful and impactful actions from individuals in positions of authority, as Nigerians are weary of being misled.
Source: Daily Post
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