ABUJA—President Muhammadu Buhari, yesterday, accused past administrations of allowing the infrastruc-ture in the oil sector to collapse to enable their cronies steal by importing refined products.

The President, who made the accusation while speaking at a meeting with the Chairman and members of the Revenue Mobilisation, Allocation and Fiscal Commission, RMAFC, lamented “the current situation in which Nigeria is forced to spend billions of Naira annually on alleged subsidies for petroleum products.”

A statement signed by the Senior Special Assistant to President Buhari on Media and Publicity, Mallam Garba Shehu, quoted the President as saying that “the escalation of petroleum subsidy payments over recent years was due to the deliberate neglect of the nation’s refineries, oil pipelines and other related infrastructure to allow the importation of petroleum products and corruption to thrive.”

According to the statement, the President restated his huge disappointment with the way Nigeria’s oil industry has been run since he left office as Petroleum Minister and Military Head of State, noting that he was convinced that if the development of the country’s domestic refining capacity and petroleum products distribution network had kept pace with national demand, there would not have been any need for the huge subsidies currently being paid to importers.

“They allowed the infrastructure to collapse so that their cronies can steal by bringing in refined products from overseas,” President Buhari said.
He told the chairman and members of RMAFC, who availed him of their view on the vexed issued of petroleum subsidy payments, to go “back to the drawing board.”

Bugatie:
Stop the blame game, Mr President

onomeglo:
Some people can't just stop the blame game....... Until 4 yrs is over..

mianyaegbu:
Hello Mr President! We didn't vote you in to blame past administrations but to fix their flaws as u promised..
With due respect, get ur ass to work and stop this ur blaming business abeg..

onomeglo:
Some people can't just stop the blame game....... Until 4 yrs is over..

Bugatie:
Stop the blame game, Mr President.
I wonder why he and his party did not come out to support the administration of GEJ when he removed the subsidy amidst protest, instead it was an opportunity for them to curry political support.

XavierBlue:
that's how "he" roll.
XavierBlue

tucky200:

Like I once said...
Reason why naija will not progress
"monkeys backing up corrupt b@stards"
U lots should better get some sense,jona ruined this country to the cur and u all are not blind to see baba taking great steps to make sure corruption ends

Bugatie:


You've not said anything,

Jonathan scrapped subsidy payment and you lots/opposition protested until it was reversed.

tucky200:

Really ?
Please post the link

tucky200:

Like I once said...
Reason why naija will not progress
"monkeys backing up corrupt b@stards"
U lots should better get some sense,jona ruined this country to the cur and u all are not blind to see baba taking great steps to make sure corruption ends

mianyaegbu:


U be senior mumu ooo
So blaming people is now a great step in stopping/correcting something, did u read any part where he said what he will do to correct the so called mistakes.
Keep blaming ur lecturer for ur carry over instead of writing them. 9z day man

tucky200:

Bros u be m0ron o,so u hvnt heard abt the war on corruption that's about to kick off..stop been biased

mianyaegbu:


Did u say about to or has already started?
So at this stage ur still promising while u have not fulfilled any promise u already made.
Wake up bro..

mianyaegbu:


Did u say about to or has already started?
So at this stage ur still promising while u have not fulfilled any promise u already made.
Wake up bro..

Bugatie:


Link of what?