THE Federal Government has no immediate plan to remove petroleum
subsidy contrary to the perception of Nigerians arising from President
Goodluck Jonathan recent remarks on the matter.
Giving this new position was the Senior Special Assistant to the
President on Public Affairs, Dr. Doyin Okupe, who assured in a statement
in Abuja on Thursday that the president was mindful of the feelings of
Nigerians concerning the withdrawal of subsidy.
The presidential aide noted that despite Jonathan’s recent remark
concerning subsidy, “the administration, as a matter of policy, had no
plans in that direction.”
Okupe said that the President was mindful of the reactions and plight
of the Nigerian people as he maintained that sufficient allocation for
fuel subsid has already been made in the 2013 budget and “therefore
there is no cause for alarm on removal of fuel subsidy.”
Recalling the president’s remark made at the Economic Summit in
Lagos, which generated fresh fears on possible subsidy withdrawal, Okupe
described it a “a frank, intellectual and well-articulated
contribution by the President to the discussion on the Nigerian Economy
at the said Summit, and it was from a honest and sincere leadership
perspective.”
According to Okupe “The President and this administration are not
insensitive to the plights of the Nigerian Masses and will continue to
pursue and execute policies and programmes that are in the overall
interest of majority of Nigerians and that will bring the greatest good
to the greatest number of our teeming population.”
The presidential aide was of he opinion that “It is an undeniable
fact that every responsible leadership, genuine stakeholder and patriot
must be worried when a Nation spends about N1trillion, an equivalent of
about 20% of the National Budget, on subsidy paid out to a few
Companies and enjoyed in the main by very few elites, while the common
man benefits only minimally.”
He added: “Contrary to the speculation in the media and assumption by
certain groups within the polity, we wish to state categorically that,
the removal of oil subsidy is not on the table of the Transformation
Agenda of the President.
“The statement made by President Goodluck Jonathan at the recent
Economic Summit held in Lagos was a frank, intellectual and well
articulated contribution by the President to the discussion on the
Nigerian Economy at the said Summit, and it was from a honest and
sincere leadership perspective.”
“Finally, for the avoidance of doubt and at the risk of being
repetitive, this administration is not considering the issue of removal
of fuel subsidy in the nearest future and certainly will not embark on
any such programme without extensive consultations and engagements
across the various segments, interests and stakeholders in the Nigerian
polity.”
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