According to Punch reports, a former member of the House of Representatives, who represented the Iseyin/Itesiwaju/Kajola/Iwajowa Federal constituency, has urged President Bola Tinubu to provide more palliatives to the citizens to cushion the impact of the petrol subsidy removal.
Shina Peller
To allete the suffering of the populace, Tinubu asked the National Assembly to authorise a loan of $800 million.
He stated that after the loan is approved, N8,000 will be paid monthly for six months into the bank accounts of 12 million low-income and impoverished households.
Peller stated that the honour was better than nothing after being awarded the title of “Grand Commander of the Nigerian Youth” by the National Youth Council of Nigeria, Nigerian Youths in Politics, and Arewa Concerned Youth Forum.
He urged the president to offer other assistance programmes to lessen the financial burden brought on by the loss of the subsidy.
I still believe that the palliative of N500 billion is preferable to doing nothing, he remarked. But I think we should be able to ask the president for more as time goes on.
“The president must have been compelled to decide to provide palliatives for the people by the pressure that the people are applying to him.”
According to Peller, the federal government should invest in the creative sector to diversify the economy.
He continued by saying that the sector has the ability to give young people who are unemployed jobs.
Every nation that has prospered, he continued, has made investments in its youth. I will suggest to the current administration that it enhance the creative sector in order to consider the orientation of the youth.
The country would have another source of income if the creative sector is strengthened since there will be a lot of jobs for the unemployed youth.
source: Punch
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