Vice President Yemi Osinbajo has said that Nigeria has reached the point where the government will have to take tough decisions on the desirability of retaining fuel subsidies.
Speaking at the third Ogun state investors’ forum held in Abeokuta, the state capital, Osinbajo added that the government must make very tough choices to make real difference, This Day reports.
He said: “No matter how we slice it, we are in economic times that are challenging, but they provide us with some of the best opportunities for making a real difference in our economic life.
“I think that we are at a point that a lot has been said about subsidies and what to do with subsidies. I think we are at a point where we must make many difficult decisions and make very tough choices.
“But I think the Nigerian people are prepared for all what is required and all it would take to make a real difference.
“In no way can a country make the kind of progress we expect it to make without being able to ensure that in public life our finance system is transparent and would ensure that there is accountability.