The Enugu State Governor Dr. Peter Ndubuisi Mbah unequivocally stated his support for the removal of fuel subsidy and any political alliance geared towards re-election of President Bola Tinubu during 2027 General election.
Governor Mbah said this on Wednesday at the maiden edition of Enugu Kwenu: Meet the Candidate Town Hall meeting, organized by AfiaTv held at the Dome Hall of the Enugu International Conference Centre.
Mbah who is running as a gubernatorial candidate under All Progressive Congress, APC, in 2027 General election categorically said reintroducing fuel subsidy is not in the interest of the nation.
“If you reintroduce fuel subsidy today, we will lose ten times whatever we are currently trying to gain in terms of the removal of subsidy. The poverty rate that you are going to experience will be very high because the naira would be automatically devalued.”
“We cannot go back to subsidy. And I do not think it is in the interest of the country for us to even debate that. Again, we should not even debate it because we do not want to send a signal to prospective investors that we are contemplating it. That would take us back. It is going to create panic in the system. It is going to get investors to pull back.”
“Those that are coming in today to invest in that sector will become jittery. So, it is not even a subject to debate. It is something that we have moved on from, and we should be thinking about how to ensure that the natural benefits cascade to the households, create jobs and generate wealth for our people,” Mbah reiterates.
Governor Mbah however said focus should be on attracting private capital and Foreign Direct Investment, FDI.
“You can see quite a lot of funds coming into our country, not just portfolio investments, but also direct investments. It is also going to strengthen because the macro indicators are right,” he posited.
Further justifying subsidy removal, the APC 2027 gubernatorial candidate said whereas the nation’s economy before the removal favored the rich, with the subsidy, the less privileged in the country are benefiting now citing the CNG buses for transportation, the Renewed Hope Ward Development Programme, RHWDP, launched by the Federal Government targeting at least 1000 economically active individuals in each of the nation’s 8809 political wards across all 774 Local Government Areas.
Speaking on his administration from his inception into office in 2023 to date, the Enugu State Governor, Dr. Peter Mbah said he has been and will keep delivering good governance across all sectors in line with his campaign manifesto.
Pointing out the numerous moribund investments in the state revived by his administration, Mbah said the current state of the state cannot be compared to years before.
“Let us imagine the Enugu we knew four years ago. Let us just imagine an Enugu without Hotel Presidential. Let us imagine an Enugu without the International Conference Centre. Let us imagine an Enugu without Enugu Air. Let us imagine Enugu without the transport terminals, the 268 Smart Green Schools, 260 Type 2 Primary Healthcare Centres.”
“You do not want them to imagine an Enugu without the International Hospital. You do not want them to imagine an Enugu without the CNG buses, the Nigergas. I think the list is endless.”
On his future plans for the state if elected into office for a 2nd tenure, Mbah said, “But I even think that we can stretch that imagination further because the work ahead will be more profound. Just imagine an Enugu where our children are receiving education that prepares them for the world because they have been imbued with evolving 21st-century skills.”
“Imagine again an Enugu where you do not have any part of the city with an unpaved road. Also, imagine an Enugu in four years’ time that generates 660 megawatts of electricity; where we are able to provide 24-hour power supply; where you cannot come into your house and have the light off; and where people can run their businesses for a whole week without worrying about the cost of diesel. Just imagine an Enugu where you generate electricity and the people of Enugu are buying that at 120 naira because they own the coal that feeds the power plant.”
“Imagine an Enugu where you now have to ride, not just on our CNG buses, but you have the monorail that can take you from point A to point B. Imagine an Enugu where you can fly from here to the United Kingdom, to the United States and other parts of the world.”
“If these imaginations capture our fancy, then we have a duty to fight for it. We do have a duty to continue to make sure that the bar does not come down and that the standard we have set in Enugu is sustained,” Dr. Peter Mbah urged the electorates.
Gov. Mbah answering question about the promised 660MW coal-fired power plant, said the delay in ground breaking of the project in July as promised is due to the rainy season but the plant has been procured.
Addressing his dumping the Peoples Democratic Party, PDP, under which he was elected into office, the Governor said the principle of optimal service is better than fidelity to any party.
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