President Goodluck Jonathan had on Thursday in Abuja said total fuel subsidy removal was a must.
He stated that only total removal of subsidy on petroleum products would attract investors to the oil sector and end the importation of fuel.
On Friday, Jonathan, through his Special Adviser on Media and Publicity, Dr. Reuben Abati, insisted that, “the downstream sector of the petroleum industry has to be deregulated; the fuel subsidy regime is not sustainable and to attract investment into the sector, there must be fair competition. The subsidy regime does not give room for efficiency.”
Read more on The Punch
No comments:
Post a Comment