- Kano Business Community voices dissatisfaction with subsidy removal’s adverse effects, highlighting industry closures due to tripled gas prices
- Chairman Sabiu Bako emphasizes President Tinubu’s need to consider their blueprint to address business challenges
During a town hall meeting organized by the Minister of Information and National Orientation, Mohammed Idris, the Kano Business Community conveyed their dissatisfaction with the adverse effects of subsidy removal to President Bola Tinubu.
Alhaji Sabiu Bako, Chairman of the Kano Business Community, voiced their collective sentiment, acknowledging their initial support for subsidy removal but highlighting the profound negative repercussions experienced by businessmen in the state. Bako emphasized that the hike in gas prices led to the closure of industries, severely impacting their operations as costs nearly tripled.
Expressing admiration for the President’s decisive action in removing subsidies, Bako underscored the need for their earlier submitted blueprint to be given due consideration, hopeful that their concerns would be addressed.
In addition to urging the President to learn from past mistakes in intervention programs, Bako emphasized the necessity of direct assistance to stimulate business growth and mitigate marginalization experienced by the Kano business community.
Former President of Kano Chamber of Commerce, Mines and Agriculture (KACCIMA), Dalhatu Abubakar, echoed Bako’s sentiments, extending well wishes for the government’s success in fulfilling its mandates.
In response, the Minister expressed gratitude for their attendance and contributions, assuring the community that President Tinubu, a businessman himself, would attentively consider their requests and take necessary actions to address the challenges businesses face.