President Bola Tinubu says the framework for palliatives to cushion the effects of fuel subsidy removal is being worked out.
The President in a statement issued Wednesday by its Special Adviser on Special Duties, Communication and Strategy, Dele Alake maintained that the decision to phase out the subsidy was taken in the best interest of the country.
He gave the assurance when he received members of Class 1999 Governors led by former Governor of Edo State, Chief Lucky Igbinedion.
who paid him a courtesy visit at the Presidential Villa.
18 of the former governors were present at the Council Chambers where the President met them.
The president noted that the government would ensure a full-proof social security structure that will not be compromised, especially in cash-transfer.
Tinubu noted: “I understand that our people are suffering, yet there can be no childbirth without pain. The joy of childbirth is the baby. Relief comes after the pain. Nigeria is being reborn. It is a rebirth of the country for the largest number, over a few smugglers.
“Please tell the people to be a little patient. The palliative is coming. I am doing the arithmetics. I don’t want the cash-transfer to fall into wrong hands. I know it pinches and it is difficult. In the end, we will rejoice in the prosperity of our country.”
Tinubu noted that the country would not make meaningful progress without fixing electricity.
To this end, he assured that his administration would harness gas resources and explore every opportunity to ensure stable power generation and supply.
The former governors urged the President to pursue his vision for a greater Nigeria with vigour, steadfastness, and resilience, expressing their support for development policies, and promising to provide the necessary social structure for actualization.