…By Dorcas Funmi for TDPel Media.
Former presidential media aide and social commentator, Reno Omokri, has expressed his opinion on the new pump price of petrol in Nigeria.
He suggests that Nigerians who cannot afford the increased price should explore alternative modes of transportation such as bicycles or trekking.
In addition, Omokri supports the removal of fuel subsidy implemented by the Bola Tinubu administration, highlighting its benefits for a select few elites who own multiple cars.
He believes that subsidizing oil is detrimental to the nation’s economy and compares Nigeria’s situation to Ghana, which does not subsidize fuel and has been able to allocate resources to address other pressing issues.
Fuel Subsidy and its Unsustainability:
Omokri argues that fuel subsidy in Nigeria depletes the national wealth and is an unsustainable practice.
He contends that the funds allocated to subsidy could be better utilized to address critical infrastructure deficits faced by the country.
According to Omokri, the majority of the subsidized fuel is consumed by urban dwellers who own multiple vehicles, contributing to the disparities in resource allocation.
Ghana’s Approach to Fuel Pricing:
In his Twitter post, Omokri draws a comparison between Nigeria and Ghana, both being oil-producing countries.
He highlights that Ghana does not subsidize its fuel, resulting in a higher price per liter compared to Nigeria.
This policy allows Ghana to allocate resources towards essential areas such as uninterrupted electricity, quality education, and healthcare facilities.
Omokri suggests that Nigeria should adopt similar strategies to address its infrastructural challenges.
Promotion of Alternative Transportation:
Omokri advocates for the adoption of alternative modes of transportation in Nigerian states.
He commends cities like Lagos, Kaduna, and Abuja for embracing trains and commercial buses.
He suggests that other states should follow suit, emphasizing the need to encourage and assist Nigerians who cannot afford the new fuel prices in acquiring environmentally friendly alternatives like bicycles.
Omokri believes that trekking can also be a beneficial activity, as it contributes to a healthier lifestyle while indirectly addressing the country’s growing population and economic challenges.
Reno Omokri’s views on the removal of fuel subsidy and the promotion of alternative transportation in Nigeria reflect his concern for the nation’s economic sustainability and development.
He argues that the resources saved from ending fuel subsidy can be directed towards addressing critical infrastructure deficits.
Omokri’s comparison with Ghana’s fuel pricing strategy suggests that Nigeria could learn from its approach and allocate resources more efficiently.
By embracing alternative modes of transportation and encouraging activities like trekking, Omokri believes Nigeria can mitigate some of the challenges posed by its growing population and limited resources.
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