Thursday 17 April 2014

Fuel subsidy must go!

It is high time Nigerians come to terms with the painful reality that the fuel subsidy has to be removed. The advantages far outweigh the disadvantages as it has a very good tendency of opening of up the sector for foreign and local investment opportunities thereby creating employment. Sustaining the subsidy has only enriched pocket size of Nigerians while the larger population is impoverished. The initial effect of the subsidy removal will be telling but in the long run the benefits will be there for all to enjoy! I have always supported the sustenance of the fuel subsidy but not anymore afterall they have indirectly been removing as pms sells for N105 on the average currently. The subsidy on diesel has been removed for some years now and nigerians have adjusted to the reality of it over time. This is my opinion and mine alone, so anyone with superior argument should hit the comment box. Thanks

1 comment:

  1. Nothing works in NIGERIA.No ideology or structure lasts,oh sorry,one lasts..Corruption!

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