The fuel subsidy payment was
introduced
as a policy into the Nigerian during the
IBB administration of when our
refineries
failed due to no-maintenance. It was
introduced to temporarily stabilize the
price of petroleum product while the
refineries underwent rehabilitation. It
was meant to last for only six (6)
months.
Licenses to lift, import and market oil
was
issued to friends of the administration
(IBB) who happened to be mainly from
the Hause-Fulani stock of Northern
Nigeria.
They were the new oil bloc holders.
When the newly formed oil cabal of
Hausa-Fulani hegemonists saw that they
were making billions of petrol-dollars as
profit from the payment of subsidy, they
frustrated every effort channeled into
the
rehabilitation of Nigeria’s refineries.
The policy that was meant to last only
six
(6) months has now lasted for almost
thirty (30) years!
It is on record that the IBBs, the
Dantatas, the Sawoes, the Otedolas, the
Danjumas, the Abachas, the Aremus,
the
Abubakars, and the Dangotes all own
refineries in neighboring African
country;
those who don’t own refineries out-
rightly all have substantial stakes in
refineries in neighboring countries. The
middle-belt, the Ndigbo and the South-
South Nigerians were marginalized in
the
sharing of oil-bloc licenses by the IBB
junta. The Yorubas got a little
percentage
of the bounty. Every other Nigerian
tribe/
region were alienated by the
hegemonistic Hausa-Fulani cabal. And in
the face of this injustice against a
people,
no one stood for the voiceless.
Now, to make their war more favorable,
they have reminded you of how corrupt
the government is! The same corruption
the institutionalized and entrenched it
in
our society. Please ask them what they
did when they were in power.