Former Vice President Atiku Abubakar has described the stoppage of fuel subsidy and price-fixing for petrol as a right move by the All Progressives Congress administration led by President Muhammadu Buhari.
Abubakar was also the leading opposition Peoples Democratic Party presidential candidate in the 2019 general elections.
On his verified Twitter handle on Friday, he called on Federal and State Governments to remove other impediments and roll out incentives to spur investments in the oil sector.
He tweeted: “Federal government finally withdraws from the fuel subsidy and price-fixing bazaar that had been rife with corruption and stalling investments.
“This is something patriots have been calling for and for which I was demonised.
“The stoppage of subsidy and price-fixing is a right move, although it should have come earlier when the economy was stronger.
“Federal and state governments should proceed to remove other impediments and roll out incentives to spur investments in the sector, especially the numerous refineries that had been licensed but are yet to be built.
“Then ensure the quality of fuel meets set standards.”