Friday, September 22, 2023
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Unveiling the Hollow Resolutions: A Critical Review of the Subsidy Removal Resolution’s Lack of Substance and Immediate Relief

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Introduction
The recent resolutions reached between the Federal government, TUC, and NLC regarding the subsidy removal on PMS have been met with skepticism and disappointment by many Nigerians. The proposed solutions, on the surface, appear to lack substance and fail to address the immediate needs of the people who are bearing the brunt of this decision. In this blog article, we will critically review the resolutions, exposing their hollowness and the absence of a concrete plan for immediate intervention to alleviate the adverse effects of subsidy removal.
I. The Illusion of a Joint Committee
One of the main highlights of the resolutions is the establishment of a joint committee. While this may initially seem like a step in the right direction, the lack of a clear timeline and framework for implementation raises doubts about its effectiveness. Without specific guidelines and prompt action, the joint committee becomes nothing more than a mere bureaucratic mechanism, failing to provide the urgent relief that Nigerians desperately need.
II. Ignoring the Plight of Salary Earners
The resolutions fail to acknowledge the dire situation faced by salary earners whose monthly income barely covers their basic needs. With the removal of subsidies, the already meager take-home pay has been further stretched, leaving many struggling to make ends meet. The lack of immediate interventions, such as wage increases or direct financial assistance, highlights the disconnect between the resolutions and the real-life hardships faced by ordinary Nigerians.
III. Delayed Action on Essential Programs
While the resolutions mention the need to review programs such as the World Bank Financed Cash Transfer scheme and the CNG Conversion program, the absence of concrete plans for inclusion and implementation is concerning. These programs, if properly executed, could provide vital support to low-income earners and address the adverse effects of subsidy removal. However, the lack of urgency and specific actions raises doubts about the commitment to delivering meaningful change.
IV. Neglecting the Urgency for Immediate Intervention
The most glaring flaw in these resolutions is the absence of a clear plan for immediate intervention. Nigerians are currently grappling with the consequences of subsidy removal, and their urgent needs cannot be put on hold indefinitely. The resolutions fail to offer any immediate relief measures or timelines, leaving the affected individuals and businesses in a state of uncertainty and vulnerability.
Conclusion
The resolutions reached between the Federal government, TUC, and NLC regarding the subsidy removal on PMS are far from satisfactory. They lack substance, fail to address the immediate needs of Nigerians, and do not provide a concrete plan for intervention. The hollowness of these resolutions underscores the urgent need for the government and relevant stakeholders to reassess their approach and prioritize the well-being of the people. Immediate and tangible interventions are crucial to alleviate the impact of subsidy removal and ensure that Nigerians are not left to bear the burden of this decision alone. It is time for decisive action that truly reflects the yearnings and aspirations of the people.

Richard Okpor, a Marketing Communication Consultant and Public Affairs Commentator writes from Lagos and may be reached via richard_okpor@yahoo.com

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