Oshiomhole Applauds End of Oil Sector Overnight Billionaires, Cheers Youth-Led Economic Growth

Sen. Adams Oshiomhole, has restated that with the removal of subsidy on petrol, President Bola Tinubu ended “overnight billionaires in the oil and gas sector”.

He noted that some youths with foresight were now taking dvantage of the opportunities created with the elimination of the petrol subsidy to invest and genuinely help build the nation’s economy.

Oshiomhole, who spoke at the weekend in Warri, Delta State, while inaugurating A&E Mega Filling Station owned by a chieftain of the All Progressives Congress (APC) and Itsekiri leader, Chief Ayiri Emami, said “Now with the withdrawal of subsidy, you either work, sell and prosper or you don’t work and perish. This is the level playing field President Tinubu has created by the policy”, he said.

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Inaugurating the mega fuel facility, Oshiomhole said it would effectively put “an end to a system where having a connection in the oil and gas sector could instantly transform someone into a billionaire, solely through favour, connections, and occasionally political bias.”

The federal lawmaker commended Emami for putting so much investment into the facility which he said would create employment for the teeming youths in Delta State.