Dear Nigerians, these are the reasons 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 scarcit...