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    FridayPosts
    Home»Business

    Subsidy removal: Islamic group calls for patience

    Chief EditorBy Chief EditorJuly 21, 2023 Business No Comments2 Mins Read
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    The Muslim Rights Concern (MURIC) has appealed to Nigerians to be patient to ensure they reap the long-term gains of the current economic policies.

    The group’s Executive Director, Prof. Ishaq Akintola, made the appeal in a statement on Friday in Lagos.

    “The deregulation of the oil sector of the Nigerian economy which has been hailed by experts as a wise step must come with a price.

    “It has necessitated the determination of prices of petroleum products by global market forces.

    “This implies that even the Nigerian government can no longer fix the prices of petroleum products, and it was not responsible for the latest increase from N488 to N617.

    “The good news is that we have a sensitive administration which has shown concern for the plight of the common man,” he said.

    He added that the president had declared that the poor must not be strangulated by the current hardship.

    “Palliatives are, therefore, being prepared to ease the pain without which there can be no gain,” he added.

    MURIC appealed to Nigerians to patiently wait for the palliatives, adding that the hard time is a test of faith and patriotism.

    “Therefore, endurance is our best option now, not demonstrations or willful destruction of public properties, looting of shops and businesses belonging to innocent Nigerians,” he said.

    He appealed to Nigerians to rally behind the Tinubu administration.

    “We have seen the concrete and pragmatic steps which he has taken as he squarely confronts Nigeria’s economic woes.

    “All we need to do now is to endure, to have faith in the leadership and to patiently forbear for Nigeria,” he pleaded.

    [Article Source]

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