[img]http://www.tvcnews.tv/sites/default/files/styles/node-detail/public/field/image/fuel-queue_0.png[/img]
Members of Nigeria’s House of Representatives are pushing for the removal of fuel subsidy in order to put an end to persistent fuel scarcity in the country.

But they insist that the
authorities must put in place adequate infrastructure to
cushion the effect of the
subsidy withdrawal.

National Assembly correspondent, Joke Adisa
reports that for the past few
months, Nigerians have had to pass through travails in order to get fuel, facing long queues at filling stations and most often having to buy the commodity at prices, ranging from one hundred to one hundred and forty naira per litre.

Our correspondent also
reports that when the
commodity is in very short
supply, buying from fuel
vendors, otherwise known as ‘black market’ becomes the only alternative with the
vendors selling ten litres of
the product between two
thousand and three thousand
naira.

In Abuja and some other
parts of the country, the fuel situation oftem normalises only for fuel queues to reappear at filling stations after a short respite many concerned Nigerians want the government to find a lasting solution.
It is a challenge Lawmakers
seem ready to take on and
some members of Nigeria’s
House of Representatives
believe the solution lies in
government withdrawing subsidy on the commodity

The lawmakers are charging
the President Muhamamdu
Buhari-led administration to device ways of cushioning the effects of the eventual
removal while also diversifying the nation’s
economy.

They are hopeful that the
planned kick off of some
refineries across the country
will cushion the effect of on-
going fuel scarcity in the
country.

The legislators are also upbeat
about the much talked about Petroleum Industry Bill and are calling on the government to forward it to the National Assembly for prompt consideration and passage.

Source: http://africwap.com/breaking-news-nigerian-lawmakers-call-for-removal-of-fuel-subsidy-2/

Bad news to both politicians and the common man
God help us

No problem, hence the money will be effectively utilized.

Supported and seconded

Then they should prepare for mother of all civil disobediences.

Are they calling with a clear conscience?
Check very well, from experience whatever lawmaker support is for their selfish interest!

Let it not be like PHCN

..

Belated news. Gej had attempted to remove it in 2012 but some greedy Nigerians including some lawmakers were against the idea. Gej had said then that Nigerians will beg for subsidy removal. This is now happening. Gej a philosopher and s hero

My money don dey mature... Baba sewa if u dont protest like u did in jona's time of subsidy....hehehehe my 70k times 6 others

I love investment.... Hehehehe