Fuel Subsidy is politically wrong but Economically RIGHT,
do U agree

Weather we like am or not .Critics

I agree wholeheartedly.

Maybè its timè You guY procurè binoculars to hèlp You sèè into the nèarèst futurè. Ya'll fortunatè to havè a prèsidènt wavè out fuèl subsidy oncè and for all.
This attèmpt would makè privatè invèstors come to tablè with thèir own compètitivè fuèl prizès by thè timè thèy èmbark on building rèfinèriès and thè sort. . Ya'll would apprèciatè Goodluck Jonathan in thè ènd, aftèrall.

brein:

Maybè its timè You guY procurè binoculars to hèlp You sèè into the nèarèst futurè. Ya'll fortunatè to havè a prèsidènt wavè out fuèl subsidy oncè and for all.
This attèmpt would makè privatè invèstors come to tablè with thèir own compètitivè fuèl prizès by thè timè thèy èmbark on building rèfinèriès and thè sort. . Ya'll would apprèciatè Goodluck Jonathan in thè ènd, aftèrall.

FYI, refinery licenses have been granted since OBJ's tenure. Investors are not building refineries not because their is fuel subsidy or do you want to explain to me why they would not build?
Subsidy only means that government pays a portion of the cost on behalf of the populace, it does not translate to invetsors not being able to recoup their investments. Please get that right and not confuse it.

However, the outside investors are not willing to build refineries in an economy that is still being regulated and where the crude belongs to the government. The question bordering the investors are simple:
1. How do I get crude from the OICs?
2. How do I get the rights to lay pipelines to my refinery?
3. In a situation where the Govt owns the crude and the pipelines, what if I fallout with the present Govt and they decide to withdraw from selling me crude?

All the above still needs to be resolved by making the chnages in our relevenat laws to enable private participation in the oil refining process.