Categories: AFRICALatest

Infrastructure Suffers as Buhari Administration Expends N250 Billion Monthly on Subsidy: Deputy Labour Minister Keyamo

Nigeria’s Minister of State for Labour and Employment, and a Senior Advocate of Nigeria, Festus Keyamo, has described removal of subsidy as an economic necessity that should not be politicised to enable Government provide necessary infrastructures for citizens of Nigeria.
Speaking on Channels TV’s Sunday Politics interview and monitored by Thisday, the minister argued that between 2006 and 3018, the successive administration spent 10 trillion naira which is about 25million dollar on subsidising. He also pointed out that between 2019 and 2020, the country spent another 3trillion on sunsidy which is about 7 billion dollar.
He said, “As I speak now, we are doing about 200 to 250 billion monthly on subsidy. Put that side by side with what we need to spend on infrastructures; roads, hospitals and power, you will discover that our unnecessary spending on subsidy is denying Nigerians of what should go to infrastructures.”
He expressed his displeasure over the way politicians often use subsidy removal controversy to blackmail successive government and make governance almost impossible.
The human rights lawyer also faulted the judicial panel of inquiry set up to investigate cases of police brutality and SARS-related abuses.
He described the panel as illegal.
His comments come two days before the Lagos State Government is set to submit its report on the events surrounding the October 20, 2020, #EndSARS protest at the Lekki Toll Gate, to the Federal Government.
Raheem Akingbolu

Follow us on:

AriseNews

Recent Posts

Trump Votes in Florida, Expresses Confidence as Americans Decide Between Him and Harris

Former President Trump has cast his vote in Florida, expressing optimism about his chances in…

7 mins ago

Yusuf Lauds Tinubu, Receives 73 Kano Detained Minors

Kano State Governor Abba Yusuf has praised President Tinubu for releasing 76 detained minors after…

29 mins ago

Alleged N3 Trn Theft: CSOs Back Okowa, Say Delta Will Rise Against EFCC

Two human rights organisations have criticised EFCC’s detention of former Delta Governor Ifeanyi Okowa, calling…

44 mins ago

Tinubu Decorates Acting Chief of Army Staff as Three-Star General, Assures Nigerians Of Better Days Ahead

President Tinubu has decorated COAS as a 3-star General, highlighting achievements in security and urging…

53 mins ago

FCCPC Tasks DISCOs on Band Migration and Metering Compliance

The FCCPC has mandated DISCOs to improve consumer engagement and has halted Unistar meter installations…

1 hour ago

Justice Department Cleared To Monitor Polling Sites In Missouri, Texas On Election Day

The Justice Department is set to monitor polling sites in Missouri and Texas to ensure…

1 hour ago