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"Increase In Price Of Petrol Could Trigger Riot" - Babajide Kolade warns

There was a report that the Economic Advisory Council is urging President Muhammadu Buhari to remove subsidy on petrol.

Babajide Kolade while reacting to this warns that an increase in petrol price at this point will have a ripple effect on people and it could trigger a riot from Nigerians.

The ace journalist while speaking on Journalist Hangout explained that if the price of petrol is increased, the government will earn more but the people will suffer and this could make them get angry at the government.

Mr. Otitoju also comment on the revenue shortfalls. He said government agencies are not remitting money to the federal government and this act of corruption is jeopardizing the nation's economy.

The experienced journalist stressed that resources are leaking and government agencies are stealing, therefore the economy is crumbling.

Conclusively, he urges President Buhari to be careful in making decisions.

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Babajide Kolade Buhari Economic Advisory Council Muhammadu Otitoju


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