Tuesday 26 May 2015

Subsidy removal will solve fuel crisis – Niger governor Mu’azu



Subsidy removal will solve fuel crisis – Niger governor
Mu’azu

Mu’azu Babangida Aliyu
Mu’azu Babangida Aliyu
Niger State governor, Dr. Mu’azu Babangida Aliyu, on Tuesday said that fuel crisis will persist in the country as long as Federal Government allows payment of subsidy on petroleum products.
He said total removal of subsidy on all petroleum products is the solution to the frequent fuel crisis that has crippled the socio-economic life of the country in the last three weeks.
Aliyu, who spoke in Minna on Tuesday at the inauguration of a three-star hotel constructed jointly by the Niger State Development Company Limited (NSDC) and the State Sure-P, said the removal of fuel subsidy will stall the activities of mafias in the oil business and guarantee regular supply of the products in all parts of the country.

He argued that subsidy on petroleum product is currently being enjoyed by only a section of the society who has connection to be importers of the commodity.
He said, “Unless fuel subsidy is removed and we go back to the real market, we will continue to have the type of problem facing the country at the moment.
“Is it not an irony that we sell crude oil and we end up buying refined petroleum from the international market?”
He also suggested the “regionalization of power distribution” instead of making all parts of the country to be on the national grid.

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