The outgoing administration
encouraged fuel subsidy and it has
grown into a monstrous corrupt
problem that it cannot manage! In
the last three weeks, we have
bought a litre of petrol between
N130 and N160 which is what it may
be without subsidy. Nigerians
should be ready to sacrifice in the
short run before the mess is
cleared. President-elect
Muhammadu Buhari should just
leave it as it is, that is, no more
subsidy, and clear the subsidy mess
left behind.
The importers can be allowed to
continue to import petrol and sell
at a cost. Arrangements can then be
made to get refined petrol in
exchange for crude oil while efforts
are made to build more refineries
in the the next two to three years.
There are enough things to do for
the new administration that
removing subsidy problem will
help
by ROTMANLUV 2023-07-08, 17:34
