The Coalition of Northern Group, on Tuesday in Kaduna, throw their weight on the fuel subsidy removal as announced by President Bola Tinubu
“At the end of the Townhall discussions, the following inevitable observations were drawn: Generally, the subsidy is an evil that previous governments groomed and fed fat on all these years to the detriment of the masses.”It said, “The oil subsidy has been a conduit pipe for siphoning public funds for the benefit of a very few members of a powerful cartel at the expense of the entire nation.
“That since assumption of office, the former President Muhammadu Buhari had made several promises of rehabilitating the nation’s refineries, all of which he failed to fulfill. Instead, he pursued unpopular deregulation programmes while maintaining the fraudulent subsidy regime and further plunging the nation into deeper crisis and mass suffering.
“That on emergence as Nigeria’s new President, Bola Tinubu disclosed that the current budget handed over to him by former President Buhari did not provide for the petrol subsidy and therefore it is gone, which did not go down well with the exploiter class that benefits from the subsidy budgets. “Since Tinubu announced the removal of the fuel subsidy, the cartel that has been reaping its benefits at the expense of the suffering masses, has waged a campaign about the fictitious knock-on effects that it will have on the daily lives of Nigerians.”
The groups, therefore, called on the Nigerian masses to be less amenable to the damaging propaganda campaigns by the ‘merciless cartels’ that have been impoverishing the nation while pocketing the subsidy proceeds for their benefits and those of their immediate families.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
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