Connect with us

News

Ohaneze Ndigbo applauds Mele Kyari over road infrastructure, advocates removal of fuel subsidy

Published

on

By Iyojo Ameh

A Chieftain of Igbo socio-cultural group in the South East, Mazi Ezenwo Patrick Anichukwu has reacted to the lingering fuel crisis in the country stressing that fuel subsidy should be removed as the way out of the crises.

Speaking with newsmen on Wednesday amid fuel scarcity leading to long queues across the nation, the Igbo apex body leader and businessman insisted that the very essence of fuel subsidization by the Federal government has been defeated.

According to him it was unacceptable anywhere in the world for government to continue to spend N6 trillion monthly on fuel subsidy, yet it was unhelpful even as citizens continue to groan as they purchase litres of fuel at high price.


He explained that it was double charges as citizens buy fuel at high price far above the approved pump price on one side, and government still pay for subsidy on the other side.

Anichukwu said: “As a management economist, I don’t see any reasonability in government spending N6 trillion on fuel subsidy.

“The Group Managing Director should be courageous enough to tender the proposal for subsidy removal at the Federal Executive Council for approval.

Reacting to the recent approval of the Federal Executive Council for NNPL to construct 44 road infrastructure across the six geopolitical zones, he.said, it was a good development.

See also  17 FULafia students kidnapped as protest hits Lafia

He commended the NNPL GMD, Mele Abba Kyari for being creative, noting that the oil and gas industry will be part of history in infrastructural development and not just sending revenue into the Federation Account.

It is recalled that the Federal Executive Council approved the sum of N1.9 trillion to be invested in the reconstruction of 44 Federal roads across the country.

Findings by our correspondent indicates that queues are gradually easing at filling stations across the country.

0Shares
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *