Oshiomole reveals how Tinubu ended ‘overnight oil billionaires regime’

A Former Edo state governor and Edo North Senator, Comrade Adams Oshiomole, has asserted that President Bola Tinubu’s elimination of the petrol subsidy put an end to a regime of making “overnight” billionaires in the oil and gas sector.

Oshiomole spoke while commissioning a filling station outlet owned by Itsekiri advocate and chieftain of the All Progressive Congress (APC), Chief Ayirimi Emami, in Warri, Friday, January 12.

Governor Sheriff Oborevwori, represented by the State Commissioner for Oil and Gas, Vincent Oyibode, and House of Representatives member, Hon. Thomas Ereyitomi graced the event.

Commissioning the new facility, the legislator emphasized that it symbolized a “show of support for President Bola Tinubu’s implemented policy, effectively putting an end to a system where having a connection in the oil sector could instantly transform someone into a billionaire, solely through favour, connections, and occasionally political bias.”

He said: “Now with the withdrawal of subsidy, you either work, sell, and prosper or you don’t and you perish. This is the level playing field President Tinubu has created by the policy.”

Oshiomole, as well as the representative of the Delta state governor, commended Emami for the investment, especially at a time when the petrol subsidy had been removed, noting that it would create jobs for people in the area.

Earlier, the duo, led by Chief Emami had toured a tank farm facility of the firm located in the Ifie community, Warri South LGA, which Senator Oshiomole posited “a lot of courage and foresight” went into the establishment in such a swampy area.

He enjoined young Nigerians to rather than lament about not being given chances to thrive in the Nigerian economy, to face the challenges by “turning obstacles into opportunities” as there are no longer huge industries to employ thousands of persons.



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