The Speaker of the House of Representatives, Mr. Yakubu Dogara,
said on Monday that the only legal way the Federal Government
could permanently remove the subsidy on petroleum products was
to initiate an amendment to the Price Control Act or have it repealed
entirely by the National Assembly.
He noted that in the schedules to the Act, petroleum products were
listed among the items to be regulated through pricing.
Dogara also stated that an alternative was for the government to
inaugurate the price control board provided for under the Act so that
the board, in performing its functions, could remove petroleum
products from the list.
“This is the most legal way to do it so that subsidy can go
permanently.
“Its is not by policy pronouncements alone; so it is for the
government to quickly put the board in place and this issue can be
done with once and for all,” the speaker added.
Dogara spoke in Abuja when he received a delegation of members of
the Independent Petroleum Marketers Association of Nigeria at the
National Assembly.
The delegation was led by the President of the association, Mr.
Chinedu Okoronkwo.
Dogara decried the perennial fuel scarcity in the country, saying the
problem would have been mild were the country refining crude for
domestic consumption.
He also said, “It is inexcusable that we cannot refine our crude in
Nigeria for own consumption.
“Why are the citizens of an oil-producing country queuing up daily
for fuel that they have in abundance?
“We need your expertise (IPMAN) to deal with this national shame.”
Okoronkwo earlier informed the speaker that IPMAN planned to
build two refineries in the country, one each in Bayelsa and Kogi
States.
He explained that the refineries would not only secure employment
for Nigerians, but also help in reducing the frequency of fuel
scarcity.
Okoronkwo added that IPMAN was also seeking the approval of
government to engage in the swapping of crude oil for refined
products as an interim solution to the scarcity of products.
According to him, the marketers were prepared to bring in such
products at “no cost to government.”

http://www.punchng.com/news/fg-cant-remove-fuel-subsidy-through-announcement-dogara/

Ok... Nothing Concern me... Make fuel de naim be my own

Let me poo.....



introvert enjoy it

This should be interesting.

Hmmmmmmmm

Are u sure

Now playing....Rihanna-Bitch better have my money!

okay

Okoronkwo added that IPMAN was also seeking the approval of
government to engage in the swapping of crude oil for refined
products as an interim solution to the scarcity of products.
According to him, the marketers were prepared to bring in such
products at “no cost to government.


What are they planning again ?
No more subsidy
No more payment
No more markerters
We are tired, we refine here and consume here .

Get this into your head , Ipman or hypeman ?


[/quote]

Enemy in a friendly territory.

And one man I use to know just stood up after a few glass of concentrated ogogoro and announced to the whole world that he has removed fuel subsidy