Business
Two Groups Advise FG On Planned Fuel Subsidy Removal
Two NGOs, the Alliance for Credible Elections (ACE) and Cleen Foundation, have urged the Federal Government to call off its proposed plan to remove fuel subsidy.
Mr Innocent Chukwuma, the Chairman of Cleen Foundation, made the call at a joint news briefing with the theme: “Removal of petrol subsidy in Nigeria” on Monday in Abuja.
The briefing was organised by the two organisations to draw government’s attention to issues bordering on removal of fuel subsidy.
He said though government had proposed to remove the subsidy, it should abandon the proposal and rather, strengthen its fight against corruption to enhance development in the country.
“Government should drop the plan of removing oil subsidy; this whole idea of withdrawing the fuel subsidy should be jettisoned. “We also recommend that government should increase its efforts in fighting illegal bunkering and theft of oil in the Niger Delta.
“If they fight corruption and stop illegal oil bunkering and theft of oil in the Niger Delta, we will have enough resources. The savings we are expected to make from fighting corruption should be used in fixing old refineries and indeed building new ones.”
According to him, civil society organisations in the country will be ready to partner with government to implement policies that have the capacity to develop the country if it withdraws its proposed plan to remove oil subsidy.
Our correspondent reports that the news briefing was attended by stakeholders from civil society organisations and the Media.
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