Adams Oshiomhole, a former governor of Edo State, claimed that President Bola Tinubu had an urgent remedy to mitigate the consequences of the subsidy removal.
This was said by Oshiomole in an interview with Sunday Politics on Channels Television.
The former governor expressed optimism that disagreements between the Federal Government and organized labor over the withdrawal of gasoline subsidies would be quickly resolved.
According to him, “This president recognizes that the effect of the withdrawal is already here, people are already going through some level of discomfort and therefore there has to be an immediate solution to it.
“Now that immediate solution is what we discussed and the fact that we are meeting on Tuesday again shows that clearly, we realize that this is not one of those things you want to buy time because it has a real negative impact, on particularly, the most vulnerable group.
“But we have a solution to it because you are going to make savings, so take from that savings or even if it is borrowing.
“So, whatever it is, you can leverage some revenue and improve wages to cushion the cost of living, I think it is legitimate, I think it is doable, it is not something that you want to spend two to three months negotiating,” he said.