Early this morning, I read Farooq Kperogi's 3rd June piece titled 'President Tinubu and Dangers of Subsidy Removal' His is an interesting argument. He posits that PMS subsidy should remain. That government should not pass the cost of its inefficiencies and corruption to the people. Government should clean up its act, maximize funds, and maintain some form of subsidy. In seeking to advance his argument, he makes some wrong assumptions. For instance he says...
Early this morning, I read Farooq Kperogi's 3rd June piece titled"President Tinubu and Dangers of Subsidy Removal"His is an interesting argument. He posits that PMS subsidy should remain. That government should not pass the cost of its inefficiencies and corruption to the people. Government should clean up its act, maximize funds, and maintain some form of subsidy._"At N550 per liter, the price of petrol is now officially lower in many states in the US than it is in Nigeria.
It's something we have been trying to do for the past 63 years. And its something we've been failing to achieve for these past 63 years. I don't see any magic wand that will suddenly change it now. Moreso in the short to mid term.As an example, government cleaning up government will include tight control of our porous borders.
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