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Nairaland Forum / Nairaland / General / Politics / Oil Workers Caution Buhari Against Hasty Decisions (363 Views)
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Oil Workers Caution Buhari Against Hasty Decisions by missbehave247(m): 1:02pm On Jun 03, 2015 |
Oil workers have warned President Muhammadu Buhari against taking hasty decisions in removing subsidy on petroleum products so as to prevent plunging the country into difficulty. In a statement yesterday, June 2, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), stated that removing subsidy at a time when the county still depends heavily on the importation of refined products will make prices of fuel unaffordable for ordinary Nigerians. According to The Nation, it urged the administration to enhance the local refining of petroleum products to meet local demands before removing subsidy. “Abrupt removal of fuel subsidy will create chaos that may ground the economy. PENGASSAN calls for well-coordinated measures with timeline to achieve self-sufficiency in local refining as a means of proffering acceptable steps to end fuel subsidy”, the union warned. It described as ill-timed the advice that government should stop paying subsidies to oil marketers, cautioning that this will ground the economy of the country immediately. The country recently recovered from the scarcity of diesel and other petroleum products which paralysed business activities nationwide. Cc:lalasticlala Source:http://www.naij.com/452119-oil-workers-caution-buhari-against-hasty-decisions.html
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Re: Oil Workers Caution Buhari Against Hasty Decisions by DropShot: 1:05pm On Jun 03, 2015 |
PENGASSAN is not serious. We're talking of subsidy in which about 70% of the money end in the pocket of marketers while only about 30% goes toward genuine subsidy course. We must remove subsidy NOW while the government works to make the refineries work within the next 18 months after which price should drop accordingly. |
Re: Oil Workers Caution Buhari Against Hasty Decisions by kodded(m): 1:07pm On Jun 03, 2015 |
Re: Oil Workers Caution Buhari Against Hasty Decisions by gobizzy101: 1:10pm On Jun 03, 2015 |
Make una borrow am brain ooo |
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