Muhammad Ali Pate, Coordinating Minister of Health and Social Welfare, in an exclusive interview with Seun Okinbaloye of Channels Television, indicated that the decision that President Asiwaju Bola Ahmed Tinubu made to remove Subsi is a distortion that perpetuates inequality....CONTINUE READING THE FULL ARTICLE>>>
During the interview, he said, “There are significant inequalities in our economy between the rich and the poor, rural and urban, and across sectors. Just look at health and education; you can look at the numbers and see that we are a very unequal society.
On subsidy removal, he said, “The subsidy that Mr. President removed could be considered one of those distortions that perpetuate inequality. That reform is a structural reform that the president pushed so that the fiscal resources can be channeled towards the most basic.
A screenshot of Muhammad Ali Pate from a video clip released by Channels Television on their X handle
“The expanded fiscal space, I think, is translating into the improvement that we see in the health budget this year.
He stated that “for instance, in the improvements that we are seeing in the basic health care provisions fund and health sector investment renewal initiatives, you also see these improvements in other sectors like education.
On what would have happened without the reforms that were introduced, he said, “Without those structured reforms, the fiscal environment will be so tight that you will not be able to spend on those that affect the poorest and the most vulnerable…CONTINUE READING>>
