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Why The Government Should Bring Back 50% Fuel Subsidy - Cynthia Morgan
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Why The Government Should Bring Back 50% Fuel Subsidy – Cynthia Morgan

Cynthia Morgan, a Nigerian musician, has joined the expanding discussion over the nation’s economic difficulties and urged the government to reevaluate its decision to eliminate fuel subsidies.

The singer emphasised the need of Nigerians pleading with the government instead of ‘ranting’ in a video that she uploaded to her Instagram account.

“Are you guys feeling what I am feeling? Iโ€™m not even going to lie, Iโ€™m feeling it o! And itโ€™s quite unfortunate that we might not be able to do much other than plead with the government. Because spending over $8 billion on subsidy doesnโ€™t make any sense.”

“From my findings, the total annual revenue for Nigeria in 2023/2024 was around 20-something billion dollars. So imagine spending $7 billion on subsidised petroleum products. It doesnโ€™t make any sense.”

READ ALSO: I Will Never Stop Speaking Against Bad Governance โ€“ Mr Macaroni

The musician currently feels that President Bola Ahmed Tinubu’s decision to eliminate fuel subsidies is unsustainable given the state of the economy.

See post below:

“I was one of the persons who applauded President Bola Ahmed Tinubu fir curbing subsides products because you know what it is. But currently, I donโ€™t think we have what it takes to live totally off subsidy removal on petroleum products.”

“We donโ€™t have the structures or anything to be able to sustain that. And that is why thereโ€™s inflation.”

Cynthia Morgan also acknowledged that while fuel subsidy expenditures were draining national resources, removing it completely without adequate measures in place has led to severe hardship.

“I donโ€™t think itโ€™s a bad idea, but we are not ready. We canโ€™t do it. 100 percent subsidy removal will not work. People are hungry. Crime rates are increasing.”

“But please, letโ€™s not rant. Let us do a begging challenge. Letโ€™s beg the government to help us, that they shouldnโ€™t be angry. Maybe we have been irresponsible. Let the government roll back at least 50 percent of the subsidy removal. Thatโ€™s my stance.”

ALSO READ: Peller Slams 30DaysRantChallenge and Lamentations About President Tinubuโ€™s Economy, Fans Clap Back

Morgan’s statements have sparked widespread discussion on social media platforms.

Many Nigerians resonate with her sentiments, sharing their own experiences of economic hardship.

The “30DaysRant Challenge,” a social media movement highlighting citizens’ grievances, has gained momentum, with Morgan’s participation amplifying its reach. โ€‹

Cynthia Morgan’s appeal underscores the pressing need for the government to reassess its economic policies, particularly concerning fuel subsidies.

Her advocacy reflects the broader concerns of Nigerians grappling with rising living costs and economic instability.

As debates continue, it remains to be seen how policymakers will respond to these calls for a more balanced and gradual approach to subsidy removal.โ€‹

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