The Depots and Petroleum Products Marketers Association of Nigeria, DAPPMAN, on Wednesday, 4th of June, 2023 in Abuja has threw its weight behind the Federal Government’s resolution to remove fuel subsidy.
The association’s chairperson, Dame Winifred Akpani, made the statement while addressing members of the press shortly after the meeting with President Bola Ahmed Tinubu.
Akpani stated that in addition to government’s palliative measures, the association would also provide between 50 and 100 mass transit buses to cushion the effects of the fuel subsidy removal.
She noted that the buses would be locally made and would use Compressed Natural Gas as fuel.
“We pledge our support for President Tinubu in the bold decision of removing petrol subsidy. It is an idea that was long overdue.
“Removal of subsidy is not about making fuel costly and taking it out of the reach of Nigerians. It is about getting it right on the real issue of petroleum product subsidy.
“Who are those enjoying the subsidy? The subsidy ends up being enjoyed by those it was not meant for.
“We also spoke to the president about substitutes to petrol as well as creating an environment conducive for investments to thrive in the oil sector,’’ she said.
Ogun state Governor, Dapo Abiodun, who led the DAPPMAN delegation, said elimination of subsidy regime is a courageous move that will bring about economic prosperity for the country.
He furthered that fuel subsidy removal
