New pump price can’t be implemented – NBA



Written by Adelanwa Bamgboye Tuesday, 03 January 2012 05:00

The Nigerian Bar Association (NBA) yesterday said the association was still consulting on the next step to take over the sudden removal of fuel subsidy by the Federal Government, even as it said increment cannot be implemented.

NBA President Joseph Bodunrin Daudu (SAN) told Daily Trust on phone that the issue was no longer that of whether the removal of the fuel subsidy was illegal or not but how many people can afford the price.

He said lawyers in the country are not in support of the removal of fuel subsidy, adding that “the over 100 per cent increment placed on fuel pump price after the removal of the fuel subsidy by the Federal Government cannot be implemented.”

According to him, “only a very few people that are not up to .003 of the population can afford to buy petrol at the over 200 per cent increase in price. Government is adamant in the quest to remove this subsidy. The people are equally resolved in its opposition to the removal of subsidy.”

The NBA President said Nigeria is up for rough times ahead and that the time has come for a final determination whether those in Government derive their power from the people or whether they are independent and owe their stay in power to other entities other than the people.

“We foresee a victory and liberation for the people of Nigeria, while those pushing for deregulation in the present form will depart with more than a bloodied nose,” he said.

“Throughout the Obasanjo Administration and up to the close of the Yar’adua Administration subsidy did not exceed N300 billion. How it has now shot up to N1.3 trillion or thereabout without any corresponding increase in the supply of PMS remains a matter for serious inquiry,” he said.

Omo_Tier1:

I said it before , GEJ sold his soul for the Presidency! When people like Otedola now have more access to the President while some state governor are placed on queue,  then you know why we spend extra N1tn since He took over the reigns in Aso Rock.

hercules07:

The pro subsidy removal guys are not asking that question, their own is for us to bear, like our religious leaders, touch not their anointed.

hercules07:

The pro subsidy removal guys are not asking that question, their own is for us to bear, like our religious leaders, touch not their anointed.

hercules07:

[size=14pt]Let them pay the toll jare or go by public transport, how do they expect the government to survive if they do not pay the toll, a 120 Naira or 240 Naira toll per day equates 5K per month,[/size][size=14pt] if you have no business leaving your area do not, do not add to congestion on the roads abeg.[/size]

Rad1cal:

I don't support the harsh implementation of this subsidy removal, but it's amusing that the same person who had a mean stance when the Lekki inhabitants where crying foul about the irresponsible Lekki toll, is here trying to play the blame card . . .

aletheia:

Interesting. What a hypocritical stance.