jason123:

Bloody idio.ts!!!
Anywhere belle face politicians!

PointB:

Lay off south-east leaders you blood sucking myopic clowns. They have taken their position while your leaders sit as usual on  the fence.

[b]Nigeria: ACN Kicks Against Petroleum Subsidy Removal

Ike Abonyi And Jaiyeola Andrews

8 November 2011



Abuja — Action Congress of Nigeria (ACN) at the weekend, kicked against the proposed removal of fuel subsidy by the Federal Government.

The party noted that the move was the "handiwork of those propelled by the philosophy of the 'Washington Consensus' of rolling back the frontiers of the state."

A statement issued in Lagos, by the party's National Publicity Secretary, Alhaji Lai Mohammed, said ACN equally condemned the reduction of the subsidy removal debate to a purely fiscal issue, without considering the responsibility of the government to improve the lives of the people through prudent management of state resources.

"Primarily, the basic objective of any fiscal policy is to improve the living conditions of the people through poverty reduction and the provision of welfare services. The removal of subsidy must therefore go beyond the cheap argument of improving the solvency of the government.

"To reduce the responsibility of the government to its citizen to naira and kobo tokenism is tantamount to abdicating responsibility, and this has far reaching consequences not only on the sustainability of our democracy but the continued existence of the nation as a unified entity," the party said.

It pointed out that government's argument that the subsidy benefits some members of a faceless cartel will begin to have meaning only if and when the government names the beneficiaries and tells Nigerians why they cannot be stopped from fleecing the state.

According to ACN, the only reason the issue of fuel subsidy has continued to recur was because Nigeria imports petroleum products for domestic consumption, warning that so long as importation continues, the problem that the government sets out to confront would continue like a recurring decimal.

The party noted that the template being used by the government, which puts the pumpprice per litre of petrol at N144.70, instead of the current price of N65, was fraught with inaccuracies and amounts to making the ordinary Nigerian to pay for the inefficiency of relevant government agencies.
Relevant Links

    West Africa
    Nigeria
    Petroleum

"In any case, why should Nigeria, with huge crude oil deposits, have to import refined products? Why should Nigerians pay for the resources so bestowed on them by God through their noses? Why is the price of products, even among importer/exporter nations higher in Nigeria? The answer lies in the crude, prebendal, corruption-ridden state system that we run in this country.

"For example the pump price of petrol in Iran is N58.40, N30.66 in Kuwait, N32.12 in Qatar, and N17.52 in Saudi Arabia while it is a meagre N5.84 in Venezuela. In Egypt pump price of petrol is N46.72, while it is N39.42 in Bahrain. It is N135 in the USA for high premium inclusive of all state and federal taxes," ACN averred.

The party, however, proposed the establishment of modular refineries with a total of 280,000 barrels per day refining capacity in nine cities-Gusau, Enugu, Ibadan, Kano, Makurdi, Maiduguri, Lagos, Auchi and Gombe, in addition to reviving the existing ones.

PointB:

Lay off south-east leaders you blood sucking myopic clowns. They have taken their position while your leaders sit as usual on  the fence.

Omo_Tier1:

As usual, they take their position out of selfish political ambition and never that that concerns the ordinary man on the street! S/East leaders have shown by their actions in recent times that they really never care about their region but only their pockets!

Can you point out what the S/East leaders have been able to extract from the present regime for the region? All projects currently being completed/abandoned in that region were initiated by Obj and Yar'dua and these clowns who call themselves leaders have done nothing to mount perssure on the FG to get them completed in record time and begin new projects!


@Gbawe, Very well said!

How about these clowns coming out with a communique/lobby to urge the FG to fix the erosion ravaging the whole of the S/East?

PointB:

The CBN Governor must be in cahoot with the selfish SE leaders since he also favoured subsidy removal going by your warped reasoning?

highland:

They can go on with the implementation in their zone.

Godman_n:

[size=20pt]Any body can say any nonsense. Let GEJ try increase fuel price and his government will be goner.

Where are they squeezing us to? Increasing electricity bill, extorting money from us in the name of changing Vehicle number plates; wants to increase fuel price.

In the midst of these, naira exchange rate is just crumbling; food prices are going up, people are dying in Jos, borno; no plans to do anything.

The  GEJ must be dealt with if this country can progress. He is just a stealing dump fool.[/size]