Chairman of Northern Governors Forum and Governor of Niger State Babangida Aliyu has said the removal of subsidy on petroleum products will free the government from financial bondage.<\/span><\/p>\n He said states would get more money to execute projects.<\/span><\/p>\n The governor spoke yesterday at a one-day National Roundtable for Good Governance with the theme: \u201cDeregulation in an Emerging Economy.\u2019 He said the Federal Government should initiate a relief package for the poor, if the fuel subsidy is eventually removed.\u00a0<\/span><\/p>\n Aliyu, who noted that the poor would be mostly affected by the oil subsidyn removal, posited that it would eliminate the government\u2019s overbearing influences and control in running businesses.\u00a0<\/span><\/p>\n He said: \u201cWith the removal of oil subsidy, the states will get more money, apart from the palliatives that \u00a0will come from the removal of oil subsidy as states will get as much as N8 billion.\u00a0<\/span><\/p>\n \u201cThis will, in turn, free government from the bondage of continuous financing of extensive projects which are best suited for private investment by encouraging efficiency and effectiveness in resource utilisation, reducing government borrowing while raising revenue and promoting healthy competition.\u201d\u00a0<\/span><\/p>\n