Wednesday, May 27, 2015

Aliyu wants FG to remove fuel subsidy on may 27, 2015 at 5:27 am

By Wole Mosadomi

Minna—Niger State governor, Dr. Babangida Aliyu has asked the
Federal Government to deregulate the oil sector by removing
subsidy on petroleum products.
Aliyu  spoke while commissioning a N620 million three-star hotel
jointly developed by the Niger State Development Company Limited,
NSDC, and the State Sure-P, adding that the removal of  the subsidy
would cut the wings of the  Mafia in the industry, thus giving room
for free and regular flow of the commodity to all parts of the
country.
The subsidy on petroleum product, Aliyu argued, was currently
being enjoyed by only a section of the society who had the
necessary connections to be importers of the commodity.
‘’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 end up
buying refined petroleum from the international market?’’ Aliyu said.
On power supply, the governor suggested the regionalism approach
in the distribution of power instead of making all parts of the
country to be on the national grid.
Aliyu said it was also sad to note that states that had the resources
to construct power plants were being asked to plough the energy
generated to the national grid and in return get less than the mega
watts they have generated for their state.

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