{"id":4415,"date":"2025-05-28T15:18:13","date_gmt":"2025-05-28T15:18:13","guid":{"rendered":"https:\/\/dailyechoes.ng\/?p=4415"},"modified":"2025-05-28T15:18:13","modified_gmt":"2025-05-28T15:18:13","slug":"removal-of-fuel-subsidy-and-dual-foreign-exchange-by-tinubu-injected-more-money-into-fgs-coffers-sen-jiya","status":"publish","type":"post","link":"https:\/\/dailyechoes.ng\/index.php\/2025\/05\/28\/removal-of-fuel-subsidy-and-dual-foreign-exchange-by-tinubu-injected-more-money-into-fgs-coffers-sen-jiya\/","title":{"rendered":"Removal of fuel subsidy and dual foreign exchange by Tinubu injected more money into FG’s coffers-Sen Jiya"},"content":{"rendered":"
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Senator Peter Jiya representing Niger South Senatorial District of Niger state has said that President Bola Ahmed Tinubu’s courage in removing fuel subsidy and dual foreign exchange has brought more money into Federal government coffers.<\/div>\n
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In this interaction with Ignatius Okorocha on Tinubu\u2019s two years in office, Senator Jiya said that whereas the APC led government has done well infrastructural development and the economy, it’s still battling with insecurity in parts of the country.<\/div>\n
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He speaks on the trend of opposition lawmakers and state\u00a0 governors decamping to APC in their numbers, looming one party system among others.<\/div>\n
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Excerpt:<\/div>\n
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What is your assessment of President Bola Ahmed Tinubu’s administration within the last two years?<\/div>\n
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Well, Rome was never built in a day and so,\u00a0 it is in every society, Nigeria not excluded. We came into office and things were not in the best shape and from day one he attacked the two vital issues that\u00a0 plagued the nation; The dual exchange rate and the Petroleum subsidy. And that has allowed for some funds, revenue to come into government coffers and therefore making the\u00a0 distribution in the three tires of governments heftier than it was before now.<\/div>\n
At the national level things are picking up gradually but the people are feeling the pinch having regard to the kind of population that we have. It will not be easy for things to go round to everybody at the same time. But there is a much difference between this administration and the last administration in terms of policy formulation and policy execution.<\/div>\n
I am not saying that there are no lapses but this is an improvement on what we had in the previous eight years.<\/div>\n
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How do you see the insecurity in the land, obviously it is getting aggravated. Don’t you think it is a minus on the part of the present administration?<\/div>\n
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Well, the security situation in the country certainly it’s not the best but this has been persistent for over the years. Again the military hierarchy, infact the security architecture of this nation should sit\u00a0 up because it\u00a0 is not the function of the President. The President’s function is to provide funds and leadership and I think reasonably,much has been given to the defence ministry particularly in 2025 budget defence. Defence was number one in order of priority and the highest share of the votes of the Federal government. So, I think the challenge is more on the security Chiefs to put their heads together and to see how they can resolve this. If they need ,more things it’s left for them to articulate whatever they need to tackle the insecurity in parts of the country. All they need is to articulate what they need and make presentation to the commander-in-chief\u00a0 and tell him what is needed to nib this situation on the board.<\/div>\n
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Again don’t you think the insecurity situation in the country has gotten to a point where Nigeria has to seek external assistance?<\/div>\n
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What is your take on it?<\/div>\n
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International assistance may be in terms of hightech but in terms personnel training, I don’t think we need that now. We have what it takes to be able to handle this. And I think it is more to the security Agencies to rather figure out. Our people go on internation duties and they perform excellently. So, it is for the security agencies to seat up and to really articulate what the issues are and how best to tackle it.<\/div>\n
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There are fears that the country is gradually drifting into one party system going by the rate at which politicians are deflecting to the ruling All Progressives Congress(APC) party.<\/div>\n
Are you not worried that this development could lead to dictatorship if care is not taken?<\/div>\n
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Nigerians were expecting that after the removal of oil subsidy and embarked on dual exchange rate within the last two years simultaneously the situation in the country would have been ameliorate. Why are things getting more difficult than before the emergence of this administration?<\/div>\n
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Well, like I said before, the kind of situation we have on ground for instance there are more money on ground to the Federal Government, more money available to the states and same to the local government. So, it is not a Federal issue as it were but it is a local issue although aggregating into a whole than the National but then, the Federal has its on part to play, the states have their own part to play and the local government have their own part to play to alleviate the suffering because again with the withdrawal of Petroleum subsidy and the merger of the foreign exchange rate there is more money available which is shared across board.<\/div>\n
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There are fears that the country is gradually drifting into one party system going by the rate at which politicians are deflecting to the ruling All Progressives Congress(APC) party.<\/div>\n
Are you not worried that this development could lead to dictatorship if care is not taken.<\/div>\n
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It will not be the first time we had it. Under General Abacha we had one party system but again it is left for the parties to sit up and to do the needful and setup. Yesterday the PDP Caucus address the Press on its position. So, it is and I don’t think PDP will die. I don’t think labour party will die. There are challenges no doubt but they are human challenges which we should be able to confront and overcome.<\/div>\n
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Are you worried about the hypocrisy of Nigerian politicians today they are in APC, tomorrow they are in PDP and thereafter they join another party. It’s all about where I will get what I want and not about ideology. Are you worried?<\/div>\n
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The ideology of the Nigerian political space is economy and therefore that drives majority of people. The spirit of belonging and the spirit of not being left out of the scheme of things. It just expresses the level of our development. If the economy were to be buoyant and people don’t have to beg for. But again, we have lapses in our national values and that is just basically the truth and in our national values you can not divorce from your knowledge of God and your believe in him, your trust in him and the situation of accepting that today is not, but\u00a0 tomorrow can be.<\/div>\n
So, both APC,PDP, LP and every party in Nigeria there is no ideology. The ideology is economy and greed.<\/div>\n","protected":false},"excerpt":{"rendered":"

Senator Peter Jiya representing Niger South Senatorial District of Niger state has said that President Bola Ahmed Tinubu’s courage in removing fuel subsidy and dual foreign exchange has brought more money into Federal government coffers. In this interaction with Ignatius Okorocha on Tinubu\u2019s two years in office, Senator Jiya said that whereas the APC led […]<\/p>\n","protected":false},"author":2,"featured_media":4416,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[16,17,642,1068,2847,282],"class_list":["post-4415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics","tag-challenges","tag-economy","tag-exchange","tag-foreign","tag-hypocrisy","tag-withdrawal"],"_links":{"self":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts\/4415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/comments?post=4415"}],"version-history":[{"count":1,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts\/4415\/revisions"}],"predecessor-version":[{"id":4417,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/posts\/4415\/revisions\/4417"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/media\/4416"}],"wp:attachment":[{"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/media?parent=4415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/categories?post=4415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyechoes.ng\/index.php\/wp-json\/wp\/v2\/tags?post=4415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}