Friday, 29 March 2013

# Africa News # BreakingNews

Nigerian govt. says no plan to remove oil subsidy

Nigeria President: Goodluck Jonathan

The Nigerian Presidency Thursday said it has no affairs to abolish subsidy from petroleum articles in the abutting future.

Presidential spokesman, Dr. Doyin Okupe, said in a account in Abuja that President Goodluck Jonathan had in a appearance of accuracy on the affair fabricated acceptable allocation for ammunition subsidy in the 2013 civic budget.

Dr. Okupe said admitting President Jonathan's contempo acknowledgment apropos subsidy, there is no could cause for anxiety on abatement of ammunition subsidy as the President is alert of the reactions and plight of Nigerians.

Dr. Okupe explained that Jonathan's acknowledgment at the Economic Summit in Lagos endure anniversary was frank, bookish and well-articulated addition from a honest and aboveboard administering angle to a altercation on the Nigerian economy

The acknowledgment by Jonathan that the abatement of the oil subsidy is . axiological to absolution the abridgement for greater advance was greeted with accusation and acrimony as it was beheld as anti-people and a artifice to backpack pump amount of petroleum products.

But according to Dr. Okupe: The President and this administering are not aloof to the plights of the Nigerian masses and will abide to accompany and assassinate behavior and programmes that are in the all-embracing absorption of majority of Nigerians and that will accompany the greatest acceptable to the greatest amount of our abundant population.

It is an actual actuality that every amenable leadership, 18-carat stakeholder and patriot have to be afraid if a Nation spends about 1 abundance Naira, an agnate of about 20% of the Civic Budget, on subsidy paid out to a few companies and enjoyed in the capital by actual few elites, while the accepted man allowances alone minimally.

Contrary to the belief in the media and acceptance by assertive groups aural the polity, we ambition to accompaniment actually that, the abatement of oil subsidy is not on the table of the Transformation Agenda of the President.

Finally, for the abstention of agnosticism and at the accident of getting repetitive, this administering is not because the affair of abatement of ammunition subsidy in the abutting approaching and absolutely will not commence on any such programme after all-encompassing consultations and engagements beyond the assorted segments, interests and stakeholders in the Nigerian polity.


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