The Chairman of Governors’ Forum and Governor of Zamfara State, Abdulaziz Yari, has described as outrageous the N800billion being expended by the Nigerian National Petroleum Corporation, NNPC as subsidy.

According to him, the National Economic Council, NEC, will soon take a decision on whether to allow the continuation of payment of petroleum subsidy by the NNPC or not.

Yari made this known at the presidential villa in Abuja on Thursday while responding to questions after the NEC meeting chaired by Vice President, VP, Yemi Osinbajo.

He said, "The governors will next month take decision on whether to take responsibility for the subsidy in their states or not. Our problem is the volume, the quantity of consumption which is not acceptable.

“Working with the governors so many decisions were taken but by next month, we are going to adopt that position either for the governors to take responsibility for the subsidy in their states based on the consumption or we look at other ways.

“For instance, if you say we paid N800 billion subsidy, you will ask who are we paying the subsidy to? And if you look at infrastructure development and capital programme of the Federal Government, it is about N1.1 trillion, almost 70 percent of what you are spending on developing the economy.

“If there is no infrastructure development then you cannot talk about the development of the economy. N800 billion is a huge amount that we must look at it, who is benefiting from it.

“So we are coming up with a strategy, we are going to meet in the month of May and June. By next meeting, we will definitely come up with a position of the government at both level of volume of what is being brought into the country and what the state and Federal Government collaborate to check,” Gov. Yari stated.

https://dailynaija.com/post/governors-lament-over-nnpc-subsidy-payment-say-it-is-outrageous

Lamentation

Haha..Eyes don clear? I thought they said 'No more Subsidy'...