House Member Hails Enugu’s Devt Trajectory, Says it’s Model for Subsidy Removal Gains
Ndubuisi Francis in Abuja Member representing Igbo-Eze North/Udenu Federal Constituency in the House of Representatives, Hon. Dennis Nnamdi Agbo (FCA), has described Enugu State as a practical model showing how
House Member Hon. Dennis Nnamdi Agbo from Enugu State has hailed his state as a model demonstrating how fiscal gains from fuel subsidy removal can translate into tangible development. In a public lecture at the University of Nigeria, Nsukka, Agbo highlighted that Enugu State's Federation Account receipts and internally generated revenue have significantly increased since the removal of fuel subsidies.
He attributed these gains to factors such as subsidy removal, exchange rate reforms, federal transfers, and the state's revenue initiatives. Agbo emphasized the importance of using these increased resources to deliver infrastructure, affordable transportation, education, healthcare, and productive opportunities for citizens. He also pointed to specific investments, such as the deployment of 100 compressed natural gas (CNG) mass-transit buses and the establishment of new transport terminals, as practical responses to transportation challenges.
Agbo stressed that the sustainability of subsidy reform depends on how government delivers results in return for citizens' sacrifice and called for accountability from all tiers of government to ensure that increased revenues improve daily life, particularly for poor and vulnerable Nigerians.
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