Nigerian comedian Oluwaseyitan Aletile, widely known as Seyi Law, has praised President Bola Tinubu for ending the fuel subsidy.
According to reports, during his inaugural address, President Tinubu announced the removal of the fuel subsidy, stating that the government could no longer sustain the long-standing practice of subsidizing Petroleum Motor Spirit (PMS), commonly referred to as fuel.
This decision has significantly affected the lives of Nigerians, leading to a sharp increase in the cost of goods and services.
Acknowledging the difficulties being faced by this action, Seyi Law maintained that it will ultimately serve the best interests of Nigerians.
The comedian pointed out that the fuel subsidy should have been eliminated sooner.
He remarked that had it been removed in 2012, during Goodluck Jonathan’s presidency—when the former opposition party, led by Tinubu, protested against it, Nigerians would have already been liberated from this financial burden.
“Fuel subsidy should have been long gone. If it had gone in 2012, we would have gone through the pain process, and by now, we would have been healing.
“In 2012, I was the only celebrity that went on stage to kick against the anti-fuel subsidy movement. Ngozi Okonjo-Iweala came out to say that the nation could not afford to pay salaries,” Daily Post quoted the comedian saying in a recent interview.
“We were borrowing to pay salaries,” he quoted Okonjo-Iweala, Nigeria’s former Minister of Finance and Coordinating Minister of the Economy, saying.