FUEL PRICE HIKE, A TOUGH DECISION – OSINBAJO

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Vice President Yemi Osinbajo on Tuesday said the decision to increase the price of petrol from N86 per litre to N145 per litre was a tough one for President Muhammadu Buhari. Osinbajo spoke at the Sheraton Hotels and Towers, Abuja, during the public presentation of a book “Anatomy of Corruption in Nigeria, Issues, Challenges and Solution”, written by Alhaji Yusuf Alli (SAN).

He told the gathering that several things that ought to have been done to address the sufferings and pains of Nigerians by the administration of President Buhari could not be done because of massive stealing and the depletion of Nigeria’s external reserves. He said, “I want to just quickly say that corruption as we all know is not just a social evil, it is an existential threat to our country. There is no doubt at all that unlike in other countries, people say there is corruption everywhere which is true, but I think there is one distinguishing feature for Nigeria and for many other country, it is that it is a threat that directly affects the lives and livelihood of everyone.

“It is not just an evil, it is not just an immorality, it is existential because it could truly destroy lives and it has destroyed many lives and has continued to destroy the Nigerian economy.

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