HomeBusinessSubsidy removal, naira floatation made life harder for Nigerians — Makinde

Subsidy removal, naira floatation made life harder for Nigerians — Makinde

The Governor of Oyo State and presidential candidate of the Allied People’s Movement, Seyi Makinde, has criticised the economic policies of the All Progressives Congress-led administration under President Bola Tinubu, describing the simultaneous removal of fuel subsidy and floating of the naira as a double blow to Nigerians’ welfare.

Makinde, represented by a national leader of the party, Mr Babatunde Tijani, spoke on Monday in Abeokuta, Ogun State, during the unveiling of the APM deputy governorship candidate for the state, Mrs Deborah Akinlade, as well as the party’s House of Assembly and National Assembly candidates ahead of the 2027 elections.

The governor lamented that no country could withstand the twin economic shocks introduced by the APC government without adequate cushioning measures.

Makinde said, “How can a person just decide one day that he will remove the fuel subsidy without any cushioning effect or any palliative to fill the gap? At

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