The Christian Association of Nigeria (CAN) has urged the government to find other ways to mitigate the impact of the fuel subsidy cut.
In a statement released on Friday in Abuja, CAN President Daniel Okoh encouraged the government to consider other palliatives, such as the implementation of a public transportation plan.
Okoh claims that if interstate mass transit were established, prices would drop.
He pointed out that the government’s proposed solutions to the problem of fuel subsidies should include more than just giving people money. The government should look into implementing cross-country public transit to lower the expense of getting around. The resultant multiplier impact will be significant.
The government should intervene to lower the cost of gasoline. The foreign exchange market needs to be stabilized, and our local refineries need to be brought back up and back into production as part of these efforts.
The leader of CAN praised the new administration’s commitment to inclusive governance and urged Nigerians to be patient, saying the country’s citizens should “work together to build an economy that is inclusive, resilient, and offers opportunities for every Nigerian to thrive.”
CAN went on to say that it was “heartwarming and reassuring that every segment of the Nigerian society is critical in the Nigerian project” that there was “national balance” in the recent appointments of service heads.
The Christian Association of Nigeria consequently applauds President Bola Ahmed Tinubu’s administration for its dedication to creating a more harmonious and prosperous Nigeria.
There was widespread agreement that eliminating the fuel subsidy was necessary for Nigeria’s economy to grow in a sustainable way in light of the pervasive corruption that had pervaded the program throughout the years. It was also agreed upon that no unnecessary suffering should be inflicted upon the Nigerian people. That is to say, ideals and practicalities need to be weighed equally.
The national leadership of the Christian Association of Nigeria wishes to express its deepest concerns over the current hardships faced by Nigerians and calls for immediate steps to alleviate the situation in light of the recent unprecedented hikes in fuel prices and alarming inflation.
A second increase, attributed to market forces, brought the price of petrol to N617 while Nigerians were still adjusting to the original increase, from N540, and its impact on the cost of transportation, food, products, and services.
Because of this, “the already struggling masses have been hit with an enormous burden, further widening the gap between rich and poor and drastically eroding the purchasing power of ordinary citizens, making it extremely difficult for them to afford the basic necessities of life.
“Millions of already impoverished Nigerians find the current situation intolerable. There is an immediate need to prioritize measures that will alleviate rather than intensify the current poverty level and hardships of Nigerians, which CAN recognizes despite the fact that the government must make complex and tough decisions in order to manage the nation’s economy.
Therefore, economic policies must be developed and put into place with the highest care and concern for the current difficulties being experienced by Nigerians.
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