Ragged Head of Negate Abdulsalami Abubakar on Thursday raised concerns over the removal of gas subsidy.
General Abdulsalami, who changed into speaking at the 19th Each day Have confidence Summit in Abuja, stated the nation is facing challenges on more than one fronts and a gas subsidy removal will handiest compound the difficulty.
The Federal Authorities has stated it plans to discontinue the rate of gas subsidy by June but the switch has been rejected by various stakeholders, including the Nigeria Labour Congress.
“Unemployment or underemployment remain at file ranges,” General Abdulsalami stated. “And over 80 million Nigerians are tranquil caught up in unnecessary poverty.
“All of these are prone to private negative outcomes on security.
“If fact be told, Nigeria now faces a food security disaster that is compounded by the COVID-19 worldwide pandemic and the banditry in loads of states in Northern Nigeria.
“All of these private disrupted the fragile worth chains across the nation, and negatively impacted the capacity of Nigerians to produce, project and distribute food.
“The end result’s a continued upward push in the costs of food items, beyond the reach of many Nigerian families.
“On high of all these, gas costs are expected to upward push vastly in the approaching months as offered final November by the NNPC.
“All people is conscious of when this happens, as the federal government has planned, it could per chance most likely per chance push many hundreds and hundreds deeper into poverty.”