Niger Delta
IPMAN Canvasses Gradual Removal Of Oil Subsidy
The Independent Marketers Association of Nigeria (IPMAN) is canvassing for a gradual but phased removal of oil subsidy rather than outright removal has been proposed by the Federal Government.
The IPMAN Chairman in Akwa Ibom, Mr Victor Etefia disclosed the association’s position in an interview with newsmen in Uyo last Sunday.
Etefia said that gradual withdrawal would help to cushion the effect of the removal when eventually it was removed.
‘’I am advocating for gradual removal of the oil subsidy in phases and not the type proposed by government.
“I had expected government to call the NLC, TUC and all stakeholders in the country to a dialogue on best possible ways to remove the subsidy, without the citizenry feeling the pain as well as on what the government intends to spend the money so realised.’’
Etefia said that since the removal of the subsidy would have a chain effect on Nigerians, there was need for proper sensitisation.
He suggested that the government should set up an action plan, in phases, on what aspects of the economy would be tackled to cushion the effect of the removal.
“If government says in 2012, we will use the money realised on revamping the health sector for instance, if all the hospitals are equipped with drugs, equipment and qualified personnel to meet the standard, then Nigerians will not complain.
‘’Because it means then that when government is taking something from you, they are indirectly investing it in another area for the benefit of the people, and this means progress and development for the country.’’
Etefia explained that the problem in Nigeria was that of leadership, “as the leaders think more of themselves than their followers, which places the level of sincerity and commitment in doubt”.
He said that the cost of subsidising petroleum products was huge and a serious burden on the Federal Government, adding that no government that wants to succeed would continue to subsidise petroleum product.
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