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We Understand Your Pains, Osinbajo Tells Nigerians

Vice President Yemi Osinbajo has said that President Muhammadu Buhari-led administration understood the pains and burdens Nigerians are passing through because of the economic effect of COVID-19 pandemic. He added that it was for that reason that the federal government is considering palliatives that can offer succour to the people.

Osinbajo, disclosed this yesterday to State House Correspondents at the Presidential Villa.

According to him, “We fully understand that we must have a way of ensuring that the pain that people feel, the economic difficulty that people are going through, that we are able to address those as much as possible”.

“Which is why even in our current discussions with Labour, one of the issues we are looking at include, what sort of palliatives are possible for the Nigerian people? In what ways can we reduce the burden and how quickly can we do so?”

Giving further insights to government’s plan on the use of Compressed Natural Gas (CNG), Prof. Osinbajo said, “One of those issues we have looked at is how to reduce the cost of gas and petrol. How do we ensure that people are able to go about their businesses buying cheaper energy?”

The vice president explained that “one of the ways is by using CNG and government has committed to do the conversion but first of all, we will start with commercial vehicles”.

“Most commercial transporters will have the capacity to use both gas and petrol. That is already being done, experimentally in Edo State”.

“Dangote, for instance, has converted all his trucks to the use of CNG and that is 4000 or even more of those trucks. It is not a particularly difficult thing to do for the commercial transporters, it may be expensive for the individual but that is also part of the commitment of government, to be able to do the conversion, and the price of gas comes at about almost half the price of petrol.”

The vice president also noted that “there are other creative ways that we are involved in at the moment towards reducing the burden on Nigerians, because we all accept that nobody expected a downturn in the economicm fortunes of the country,” occasioned by the fallouts of COVID-19 pandemic”.

“We had 12 consecutive quarters of growth before the pandemic, we were all expecting that 2020 will be the best year since the beginning of the administration, but here we are, faced with global challenges and we also have our own peculiar problems”.

“But the important thing is that the president and the government are committed completely in ensuring that Nigerians do not suffer needlessly and in whatever way it’s possible, we will reduce the burden on Nigerians.”

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