Uzodimma, marketers to meet on how to mitigate effects of planned subsidy removal

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Governor Hope Uzodimma is set to meet with petroleum prod­ucts marketers in Imo State to agree on ways to mitigate the effects of the planned remov­al of subsidy from petroleum products by the government.

President Bola Tinubu had hinted in his inauguration speech on Monday, May 29, 2023, that the federal govern­ment will remove the subsidy on petroleum products, a pro­nouncement that immediate­ly triggered arbitrary hike in the products across the coun­try and return of queues at the filling stations.

The Imo State government is worried about the hardship the citizens are going through since a report of the planned removal of the subsidy broke and is poised to ameliorate their suffering.

Governor Uzodimma has promised to meet with the petroleum products market­ers on the way forward even as the government said her attention has been drawn to the sharp increases in the price of petroleum products, especially petrol, in the State in the last 24 hours.

A statement by the Com­missioner for Information and Strategy, Hon Declan Emelumba said it is “regret­table that while the federal government has insisted that it has not officially removed subsidy on petroleum prod­ucts, some marketers in Imo State have rushed to adjust upwards their prices, thus inflicting pain on the poor suffering masses.”

Emelumba wrote: “The government hereby appeals to Petroleum marketers to show compassion in the pres­ent circumstance by consider­ing the plight of the ordinary people, particularly because what they are currently dis­pensing are old stocks they bought before the planned subsidy removal.

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