Decision to postpone petrol subsidy removal is linked to 2023 elections – NBA President, Olumide Akpata

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President of the Nigerian Bar Association, Olumide Akpata has said that the federal government’s announcement of rescinding its earlier decision of removing petrol subsidy is linked to the 2023 election.

Akpata in an interview on Channels Television on Monday January 24, said the decision to postpone the planned subsidy removal is a temporary solution in line with the politics of the 2023 elections.

He said;

“The subsidy issue is a hot potato for any government, particularly in this part of the world.

“I would have loved to think that the decision to suspend fuel subsidy removal is because the government cares so much about the people, and that it is a government that is listening to the cries of the people, because indeed, as the minister of finance mentioned, it would be really tough if subsidy removal is implemented at this time with all of the other supervening circumstances.

“However, something tells me that this has more to do with what is in the offing — an election is coming up. The strategists would probably have sat down to think about it and they have told themselves and those who they advise that it would be political harakiri — it would be suicidal — at this point in time to take out subsidy going into an election, which is just around the corner.

“Those kinds of hard decisions I don’t think are the kind of decisions you want to take going into an election. Those are my thoughts. I may be wrong.

“I’m persuaded that this is just a temporary solution pending when the political juggernauts come back from the field.”