The Chairman, House of Representatives Committee on Rural Development, Honourable Oladipupo Kessington-Adetubu has thrown his weight behind the planned fuel subsidy removal by President Muhammadu Buhari.
The Lawmaker representing Remo Federal Constituency made this known
in Sagamu, Ogun State on Sunday at a Luncheon ceremony organised by
members of the Master Club of Sagamu.
Hon. Adebutu stated that the huge amount Nigeria pays on fuel subsidy
is killing the nation’s economy and hindering the development of
According to him, a large percentage of Nigeria’s income is
being spent on the payment of subsidies, not only on fuel, but also on
fertilizers, and this he said “dwarfs the total amount that is being
spent on capital projects and provision of infrastructure” for the
While speaking at the occasion, Hon. Adebutu expressed his fears
about the growth of the nation’s economy under the present circumstance,
saying “a large percentage of our income is being taken by fuel
subsidy, and every other thing now suffers” as a result of that.
He therefore counseled that in the face of this economic reality,
most communities may have to resort to ‘self-help’ to drive the
development of their immediate environment. He added that it accounted
for why he had to personally intervene in the provision of certain
infrastructure such as borehole water, roads and electricity
distribution in his constituency.
According to him, “The truth today is that Nigeria doesn’t have
money; in the last six months that we have been in government, it has
dawn on us that we have no other option than self-help… Let us start
from the position whereby somebody who was probably earning One hundred
and twenty thousand naira per month, for some reason, his income drops
to N40,000. Irrespective of anything, when your income drops to that
kind of level to a new threshold, there’s problem.”
Meanwhile, Hon. Adebutu assured that as the Chairman of the House of
Representatives Standing committee of Rural Development, he has resolved
on a different template of using rural development to drive the
nation’s economic growth by opening up many confined communities in the
hinterlands, integrate them to the national economy and give them a new
lease of life.