A former governor of Edo State, Adams Oshiomhole, says the federal government will come up with necessary measures and interventions to ameliorate the biting impact of the removal of fuel subsidy.
Speaking during an interview on Channels TV on Sunday, Oshiomhole disclosed that issues arising from subsidy removal will be quickly resolved between the Federal Government and the organized labour.
He stated that President Bola Tinubu recognizes the impact the withdrawal of fuel subsidy is having on Nigerians and is determined to take immediate action to cushion it.
“This president recognizes that the effect of the withdrawal is already here, people are already going through some level of discomfort and therefore there has to be an immediate solution to it.
“Now that immediate solution is what we discussed and the fact that we are meeting on Tuesday again shows that clearly, we realize that this is not one of those things you want to buy time because it has a real negative impact, on particularly, the most vulnerable group.
“But we have a solution to it because you are going to make savings, so take from that savings or even if it is borrowing. So, whatever it is, you can leverage some revenue and improve wages to cushion the cost of living, I think it is legitimate, I think it is doable, it is not something that you want to spend two to three months negotiating,” Oshiomhole said.