Saturday, July 12, 2025
HomeWorld NewsBuhari will tumble Nigerians into poverty with subsidy elimination: Abdulsalami Abubakar

Buhari will tumble Nigerians into poverty with subsidy elimination: Abdulsalami Abubakar

Published on

spot_img

Abdulsalami Abubakar

Old militia ruler Abdulsalami Abubakar

Old militia president, Abubakar Abdulsalami, says planned gasoline subsidy elimination by President Muhammadu Buhari regime will tumble millions of Nigerians deeper into poverty. 

“Unemployment or underemployment stay at story levels. And over 80 million Nigerians are calm caught up in pointless poverty,” Mr Abdulsalami talked about.

“On top of all these, gasoline costs are expected to upward push vastly in the impending months as announced closing November by the NNPC. We all know when this occurs, as the authorities has planned, this would perchance push many millions deeper into poverty,” he added.

 

Speaking at the 19th Day after day Have confidence Dailogue in Abuja on Thursday, Mr Abdulsalami argued that COVID-19 pandemic disruption, banditry in the North-West hang compounded the crises in the country. 

Mr Buhari regime had in November closing year announced that subsidy elimination will purchase attain from June, 2022, a transfer antagonistic by the Nigeria Labour Congress (NLC) and Nigerians who disaster the coverage will expand hardship. 

In his 2021 Democracy Day speech, Mr Buhari talked about, “in the closing two years, we lifted 10.5 million contributors out of poverty – farmers, dinky-scale traders, artisans, market ladies folk and the respect.” 

Nevertheless, barely three days after Mr Buhari made the claim, the World Bank talked about seven million Nigerians plunged below the poverty line in 2020.  

Read More

Latest articles

On This Day, July 12: Geraldine Ferraro is 1st female running mate on major party ticket

1 of 5 | Walter Mondale and Rep. Geraldine Ferraro wave to the crowd...

Famous birthdays for July 12: Cheyenne Jackson, Shai Gilgeous-Alexander

1 of 4 | Cheyenne Jackson attends the 28th annual Critics' Choice Awards at...

Ramaphosa to deliver eulogy at David Mabuza’s funeral

President Cyril Ramaphosa is expected to deliver the eulogy at the funeral of the...

Kaizer Chiefs: Amakhosi to get striker for free?

Soweto giants Kaizer Chiefs have the option of signing former TS Galaxy striker Dzenan...

More like this

On This Day, July 12: Geraldine Ferraro is 1st female running mate on major party ticket

1 of 5 | Walter Mondale and Rep. Geraldine Ferraro wave to the crowd...

Famous birthdays for July 12: Cheyenne Jackson, Shai Gilgeous-Alexander

1 of 4 | Cheyenne Jackson attends the 28th annual Critics' Choice Awards at...

Ramaphosa to deliver eulogy at David Mabuza’s funeral

President Cyril Ramaphosa is expected to deliver the eulogy at the funeral of the...