Former Edo State Governor and current Senator, Adams Oshiomole, has lauded President Bola Tinubu’s decision to abolish the petrol subsidy, stating that it marks the end of an era where the oil and gas sector fostered the creation of “overnight billionaires.”
Oshiomole made these remarks on Friday during the commissioning of a tank farm owned by All Progressive Congress (APC) chieftain Chief Ayirimi Emami in the Ifie community, Warri, Delta State.
In his address, Oshiomole emphasized that the removal of the fuel subsidy by President Tinubu has dismantled a system where influential connections in the oil sector could swiftly elevate individuals to immense wealth.
He highlighted the significance of this move, asserting that it creates a level playing field, wherein success is contingent on merit and hard work.
“Now, with the withdrawal of subsidy, you either work, sell, and prosper, or you don’t, and you perish. This is the level playing field President Tinubu has created by the policy,” Oshiomole remarked.
Commending Chief Ayirimi Emami for his investment in the tank farm, Oshiomole expressed optimism about the job opportunities it would generate, particularly in light of the subsidy removal. He noted the courage and foresight required to establish such a facility in a swampy area.
During his tour of the tank farm, Oshiomole encouraged young Nigerians to view challenges as opportunities rather than lamenting the perceived lack of chances in the Nigerian economy.
He urged them to emulate the APC chieftain’s determination in turning obstacles into opportunities.
“Nigerians have never sat down to ask themselves how come the Lebanese, the Indians are coming in droves to find jobs here. Nigerians are not seeing the opportunities in Nigeria. Let’s not cry; go for opportunities,” Oshiomole urged, emphasizing the need for a proactive approach to economic challenges.
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