APC votes for Subsidy Removal

The All Progressive Congress, APC has ardently declared its support in favour of the subsidiary removal on petroleum products in the country. The National Chairman of the Party, Chief John Odigie-Oyegun made this known when he received a delegation of the APC National Coalition for Peace and Mobilization which paid him a courtesy visit at the Party’s Secretariat, in Abuja on Tuesday. He emphatically stated that the removal has become inevitable if the economy must experience a remarkable improvement from the rot orchestrated by the corruption-infected subsidy arrangement by the previous administrations which now calls for outright removal.

He critically lambasted all those opposing the current restructuring of the economy particularly the oil and gas sector with blackmails, sabotage and misinformation stressing that their actions are all anchored on selfish interests, which consequently resulted to the present fuel scarcity despite great efforts already put in place by the Buhari’s government. He stated, “A situation where government spends almost a trillion naira yearly on the corruption-tainted subsidy regime is unacceptable and can no longer be sustained.”

Oyegun however debunked the allegation that the President’s directive to the Petroleum Products Pricing Agency on the review of the pricing structure to accommodate competitiveness and market-driven components might not lead to increase in the pump price of petrol in the country, instead, would create a conducive platform for a practicable and objective pricing system, which invariably, will lead to availability of petroleum products in the open market system.  On the 2016 budget, the party’s helmsman also stated that the budget was indicative of sincerity of the party over its campaign promises during the2015 presidential election adding that its promises are not propaganda as held in the opposition quarters but long neglected entitlements of the citizenry.

Meanwhile, President Buhari has implored Nigerians to be patient amidst the lingering situations reiterating his administration’s capacity to bring the ugly situation to a logical conclusion in no distant time irrespective of the opposing forces. However, the Minister of Information, Alhaji Lai Mohammed, in a related development assertively blamed the current crises on the previous Peoples Democratic Party-led administrations with emphasis on the previous government stressing that Nigerians are bitterly paying for the inadequacies of the previous administration.