Wednesday 4 January 2012

Sorry Nigerians, But The Fuel Price Increase Has Come To Stay – Government

Ministers laughing at yesterday's FEC

The Nigerian government yesterday made it abundantly clear it will not restate the subsidy on petroleum products, according to The Punch newspaper.

Following yesterday afternoon’s emergency meeting of the Federal Executive Council, in Abuja, the Minister of Information, Mr. Labaran Maku, told newsmen the government was not oblivious of the pains inflicted by Nigerians as a result of the new policy.

In order to ameliorate those pains, he said the government had commenced a ‘massive mass transit scheme’ aimed at cushioning the effects of the subsidy removal on transportation. Thousands of mass transit vehicles, he claimed, would be distributed.


Mr. Maku did not say on which of Nigeria’s atrocious and crowded roads the vehicles would be driven, or who would provide security in a sector hampered by armed robbery, kidnapping and police harassment.

Curiously missing at yesterday’s pivotal meeting were two senior officials and pillars of the new policy: Finance Minister, Ngozi Okonjo-Iweala, and Petroleum Minister, Dieziani Alison-Madueke

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