We Should Remove Fuel Subsidy – Nigerians Beg President Buhari

Nigerians have advised President Muhammadu Buhari to remove subsidy to marketers importing fuel.

Nigerians who answered a cross section on June 24 said that removal of petroleum subsidy would be good for contry’s prosperity.

Bidemi Ojelewe, the director, Centre for Bee Research and Development, said that the arguing about the subsidy cost was discouraging to the nation.

READ ALSO: Transition Committee Advises PMB To Remove Fuel Subsidy 

He said Nigeria’s economy would quickly develop and prosper if normality reigned over subsidy payments to traders.

Ojelewe said: “Removal of fuel subsidy is inevitable if our government wish to meet the pressing anticipation of the masses.”

Prof. Michael Akur, who lectures at the Department of Political Science, University of Jos, added: “The discontinuance of subsidy on fuel consumption will reduce the inflationary pressures our economy is facing.

“We should have a departure of the subsidy era as soon as possible.

“This departure is necessary because our economy has not grown in the manner it ought to.

“This economy will not progress if government continue to subsidise consumption of commodities such as fuel and the likes.”

Shuaibu Yusuf, a civil servant, advised the Federal Government to trash the programme of payment and pay out funds attained by such scrapping to renew the power sector.

His words: “Our power sector is one area that needs more funds to be revamped.

“The money realised from the stoppage of subsidy payment should go into solving other challenges in other sectors.

“Government should introduce a modern mass transit scheme across the country so that ordinary citizens will not fill the impact of subsidy removal if eventually done.”

READ ALSO: FG To Remove Fuel Subsidy Come May 2015 

Nigerians on social media also called on President Buhari to remove the subsidy.

 

@MobilePunch i’m 4 d removal of fuel subsidy as well since it is used as a conduit pipe by nigerians who want 2 enjoy life on easy money!

— hajaratu shettima (@hajaratuS) June 24, 2015

If you want to do things do them early. If you want to remove the fuel subsidy, do it now. It gets more difficult as the “honeymoon” ends.

— Onye Nkuzi (@cchukudebelu) June 22, 2015

Solution to the present economic crises. 1. Govt shd remove fuel subsidy. 2. Govt shd stop importation of refine crude immediately the……

— Abayomi adebayo (@ayomide07) June 24, 2015

The All Progressives Congress transition committee has urged Nigeria’s leader to remove a fuel subsidy.

The subsidy, which was revealed to have paid out more than $6 billion in fraudulent claims in 2012, is proving to be increasingly costly.

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