Remove Fuel Subsidies in a way that Protects Poor People- British High Commissioner Tasks Nigeria’s Next President
The British High Commissioner to Nigeria, Catriona Laing has charged Nigeria’s next president to prioritise removing fuel subsidies. She counselled him to look for ways to remove the subsidies in a way that protects poor people.
Laing disclosed this during an interview on Channels Television’s election programme, “The 2023 Verdict.” She also listed two other critical areas that the next president should act on. She stated that the incoming president must tackle the multiple exchange rates and raise taxes.
Laing said if the national leader fails to tackle the issue of multiple exchange rates international businesses will be unable to invest in this country. This is because it would affect the security of their foreign exchange.
Giving reasons why Nigeria needs to increase taxes, Laing noted that Nigeria has one of the lowest tax ratios in the modern world. She explained that if the country fails to increase tax rates, it would find it difficult to invest in public services.
According to the British envoy, public services, infrastructure, and education are key to the future. Laing urged the next government to also embrace inclusiveness, ensuring that youths and women are prioritised.
British High Commissioner on Nigeria’s readiness to vote
Laing disclosed that the UK is closely watching the next elections. She also decried the rising levels of violence in the leadup to this month’s exercise. She further expressed confidence in the preparations of Nigerians for the 2023 general elections.
Also, she applauded the Independent National Electoral Commission (INEC) for its efforts in validating Nigerians to vote and added that the UK and most of the international community, want Nigeria to succeed
Expressing fears over recent rounds of insecurity and violence, Laing said, “That’s one of my fears and worries but assuming we can get through that, the future looks bright for Nigeria with the incoming president – whoever it is – tackling these challenges.”
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