Jonathan: Fuel subsidy must go ~ Uchenna Udekwe Blog Get our toolbar!

20 Mar 2013

Jonathan: Fuel subsidy must go

I AM GOING TO INCREASE FUEL PRICE AGAIN; SAYS JONATHAN***
  President Goodluck Jonathan has indicated his ready to try the patience of Nigerians again, saying he will definitely increase the prices of petroleum products very soon.
“We cannot continue to waste resources meant for a greater number of Nigerians to subsidize the affluent middle class, who are the main beneficiaries,” he said at a conference in Lagos on Monday.
President Jonathan said he will "discuss" with stakeholders before taking the action. What he failed to say is how he intend to fight the mammoth corruption and manipulation in the oil sector.
So far, Jonathan has also failed to implement the report of the Nuhu Ribadu-led Petroleum Revenue Special Task Force which last year made important recommendations on how to correct problems in the sector.
Organizers of Occupy Nigeria have threatened to mobilize Nigerians against the proposed action. “We promise never again to be deceived or derailed by organized labor or any pro-government group which may want to sell out,”

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