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.”

http://www.vanguardngr.com/2015/08/buhari-blames-escalation-of-subsidies-on-past-govts/

Lalasticlala , Obiniscopy , Seun

JAMB SHOULD INCLUDE THIS QUESTIONS IN NEXT YEAR EXAM.....


Q. Who is the father of Corruption in Nigeria??

A- Abacha

Q. Between Abacha and Jonathan, who embrace corruption most??

A- Jonathan

Q. Jonathan most have been a yahoo boy during is younger age.. True or False

A- True
________________________________________________

If your answer is different from this, then you should be automatically ban from studying in Nigeria.......

Jonathan is the "Modern Treasury Looter" have ever heard of...

"Barcanista have followed his Hausa work mate to Pick today iron sheet...."

If you see Barcanista around your house, chase him away ooo.. Cause he may loot your Refrigerator , Cooker , even motor car and he will be claiming that he is only picking un-use iron sheet

Sai baba we are fully aware of 16 wasteful years under PDP. Bless Jah we could be able to bulldozer the wrong party out of the presidency. Never again will Nigeria have a wrong and wicked party as PDP in the power house " aso rock ".

Nawa ooo
We have heard all that and ίţş true....
Buh get to work and stop this reminder...if u are confused let us know

sirbegojay:
Nawa ooo

We have heard all that and ίţş true....

Buh get to work and stop this reminder...if u are confused let us know

If you are senseless, Let us know..

Enough of the blame game already. Its been 3months.

At least, the refineries have been services and working now, so lets move on with making Nigeria better.

Nawa ooo
We have heard all that and ίţş true....
Buh get to work and stop this reminder...if u are confused let us know

K

So this man is still campaigning after theee months as president

GEJ tried to get rid of subsidy all together but the people would not allow it.

Doesn't Buhari remember the 'enough is enough' campaign nationwide? Do nairalanders not remember it?

Was it not a direct reaction to GEJ wanting to remove fuel subsidy?

Buhari The Blamer,


Someone should tell that man to quit talking about the past and work on his present and the future to come!!!

Nigeria is in depression. Mr. President should please stop the payment of subsidies immediately.

godson36:
JAMB SHOULD INCLUDE THIS QUESTIONS IN NEXT YEAR EXAM.....


Q. Who is the father of Corruption in Nigeria??

A- Abacha

Q. Between Abacha and Jonathan, who embrace corruption most??

A- Jonathan

Q. Jonathan most have been a yahoo boy during is younger age.. True or False

A- True
________________________________________________

If your answer is different from this, then you should be automatically ban from studying in Nigeria.......

Jonathan is the "Modern Treasury Looter" have ever heard of...

"Barcanista have followed his Hausa work mate to Pick today iron sheet...."

If you see Barcanista around your house, chase him away ooo.. Cause he may loot your Refrigerator , Cooker , even motor car and he will be claiming that he is only picking un-use iron sheet

boy! that joke, too expensive