APC Chieftain Claims Subsidy Removal Saved Nigeria from Economic Crisis

Dayo Adeyeye, a prominent member of the All Progressives Congress (APC) and former Minister of Works, asserted on Thursday that Nigeria would have faced a severe crisis if President Bola Tinubu had not eliminated the oil subsidy.

Speaking at an event in Jos where the South West Agenda (SWAGA) initiated palliative distribution in Plateau State, Adeyeye emphasized the challenges President Tinubu faced in steering the country towards progress after winning the presidential primaries and subsequent general election.

Highlighting the economic difficulties inherited from past administrations, Adeyeye stated, “The present government, led by President Bola Tinubu, is not interested in portraying the last government as bad, but Nigeria would have grounded to a halt without fuel subsidy removal.”

He revealed the complexities surrounding the oil revenue, stating, “When you hear that 1.8 million barrels are sold, the money is not just there. Things are as bad as that. That is the situation as we have it, but President Bola Tinubu cannot say it openly.”

While acknowledging the challenges, Adeyeye assured that President Tinubu was actively working to address the nation’s issues. “We in SWAGA did not support his (Tinubu) election for nothing. He conquered those who wanted to stop his victory, but the job is not done yet,” he said.

Emphasizing the purpose of supporting Tinubu’s election, Adeyeye stated, “We did not support his election for Nigerians to suffer. We did it for him to change the trajectory of Nigeria. Right now, he is fighting another round of battle to better the course of Nigeria.”

He urged patience, asserting that President Tinubu is actively working towards alleviating the challenges faced by the nation. “Mr. President is not sleeping. He wants Nigerians to be patient. His eyes are everywhere,” Adeyeye concluded.