FUEL SUBSIDY REMOVAL:A NECESSARY EVIL ND A BITTER PILL.d total - TopicsExpress

FUEL SUBSIDY REMOVAL:A NECESSARY EVIL ND A BITTER PILL.d total removal of fuel subsidy wuld hav been one of d best tin dat eva hapnd to nija but people misunderstood d polity nd instead of d total removal,it ended up wit a partial removal.d govt subsidises fuel to dos licenced oil distributors of product we didnt consum.it startd since 1973 til date bt GEJ wntd 2 end it once nd 4all bt it was manipulatd by d benefactors.out of 59milion litres daily consumption,24 ar sharp practices.evry gov dat comz mst increas d price cos as d population increazs,daily consumption increasz,whil price of dollar increasz in d international comunity,d value of naira depreciat,hence,fuel pump price increaz,wen govt owes d oil marketers durin festiv seazons,d PENGASON goes on strike whic causes fuel scarcity nd inflation.d removal wil bring stability,availability as privat investors wil b compeld to establish refineries nd market inteligence.GEJ is couragius to hav taken d step sinc d pdp national chairmans son was indictd amng d benefactors,GEJs one of his campaign sponsorfemi otedolawas indictd,aminu lamido,jigawa state govs son etc.it also has d highest alocation in d nations capital budget.nija has d lowest minimum wage#18000 folowd by libya#21000 amng d opec countries despite bein d largest xporter of oil in africa nd 11th in d world cos odas had deregulatd deir oil.dangote knws dat total removal wil tak place anytim daz y he is mbarkin on a 7yr projct to build refinery.u knw wht hapnd wit d adhoc comitee chairman faruk.

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