Why fuel subsidy must go – APC

The National Chairman of the All Progressive Congress, Chief John Odigie-Oyegun on Tuesday said the eventual removal of fuel subsidy is inevitable.

According to him, the gradual removal of subsidy is necessary in view of emerging and current realities.

Odigie-Oyegun said this when he received a delegation of the APC National Coalition for Peace and Mobilization which paid him a courtesy at the Party’s National Secretariat in Abuja.

He explained that the current administration inherited an “infected system of subsidy” run by corrupt cartels. In one way or the other, subsidy must go.”

He noted that a situation where government spends almost a trillion Naira yearly on the corruption-tainted subsidy regime is unacceptable and can no longer be sustained.

The APC Chairman said oil cartels and their cronies resisting change have continued to blackmail and sabotage government on the issue of subsidy, a development that has resulted in the lingering nationwide fuel scarcities despite serious government efforts.

He described the perennial fuel scarcity the nation grapples with as a “national disgrace”.

Odigie-Oyegun expressed the need to restructure the country’s oil and gas sector which he said  has been marred by corruption and inefficiencies.

He said President Muhammadu Buhari’s directive to the Petroleum Products Pricing Regulatory Agency to adjust its pricing template to reflect competitive and market driven components may not necessarily result in increase in the pump price of petrol.

The National Chairman said the presidential directive to the PPPRA will‎ result in a more efficient and realistic pricing system for petroleum products and also result in constant availability of fuel.

Earlier, the National President of NACOPEAM, Mr. Ahmed Saleh said the fuel scarcity is impacting negatively on the party’s image.

He said, “The unbearable fuel queues along filling stations is indeed avoidable. The situation is impacting negatively on the integrity of the party and this noble administration of positive change.”

He  equally called for the “total overhauling” of heads of federal government Commissions, Parastatals and Agencies.

Saleh also said, “During electioneering campaign, the APC went around the lenght and breath of Nigeria informing the citizen on the ills and mal-administration of the past regime.

“However, there is need for total overhauling and new trusted heads of commissions, paratatals and agencies to be appointed for effective, efficient and result oriented service to the Nigerian citizens. With this our noble observation, we believe the nation will move forward and the government will be free from administrative sabotage.”

update from http://www.punchng.com/why-fuel-subsidy-must-go-apc/