Ndubuisi Francis in Abuja
Member representing Igbo-Eze North/Udenu Federal Constituency within the House of Representatives, Hon. Dennis Nnamdi Agbo (FCA), has described Enugu State as a sensible mannequin displaying how fiscal good points from gas subsidy elimination may translate into tangible improvement.
Agbo said this in a public lecture titled “Three Years of Post-Subsidy Economic Removal: Evaluating the Socio-Economic Effects of Nigeria’s Deregulated Downstream Sector,” delivered on the University of Nigeria, Nsukka (UNN).
Agbo famous that “the responsibility of government goes beyond ending an unsustainable subsidy regime to ensuring that resources freed up by the reform translate into infrastructure, affordable transportation, education, healthcare and productive opportunities for citizens.”
Enugu State’s Federation Account receipts, he stated, elevated considerably from N117.50 billion in 2023 to N255.67 billion in 2024 and N259.59 billion in 2025, whereas the internally generated income (IGR) rose from N37.49 billion to N180.50 billion and N407.76 billion respectively, over the identical interval.
The lawmaker defined that these good points “reflect several factors, including subsidy removal, exchange rate reforms, other federal transfers and the state’s revenue initiatives.”
He added, “They cannot all be classified as subsidy savings. Nevertheless, they demonstrate the increased resources available and the corresponding responsibility to deliver results.”
The federal lawmaker identified that the state’s improvement priorities remained evident in its budgetary provisions, the place capital expenditure accounted for 79.44 per cent in 2024, 86.29 per cent in 2025 and 80.13 per cent in 2026.
He cited the deployment of 100 compressed pure gasoline (CNG) mass-transit buses and 5 trendy transport terminals, together with the Nsukka terminal, as a sensible response to transportation challenges occasioned by subsidy elimination.
“Such investments can connect communities, support businesses and ease the burden of movement when services are reliable and affordable,” he pressured.
Agbo additional stated that, “the sustainability of subsidy reform is dependent upon what authorities delivers in return for residents’ sacrifice, including that supporting subsidy elimination should go hand in hand with demanding accountability.
“Every tier of government must demonstrate how increased revenues improve daily life, particularly for poor and vulnerable Nigerians. Enugu State provides a model worth examining and strengthening.”
The parliamentarian declared: “Subsidy is gone, and gone for good. Let its departure be matched by enduring improvements in people’s lives.”
