Categories: Latest News

ACF backs removal of Subsidy 

Published by

The mouthpiece of the North, the Arewa Consultative Forum (ACF), has thrown its weight behind the removal of Subsidy as the only remedy to prevent the persistent fuel Scarcity bedevilling the country.

The Secretary-General of ACF, Murtala Aliyu, made this known in an interview in Kaduna on Wednesday. 

The ACF scribe noted that borrowing money to pay for Subsidy is no longer in the interest of Nigerians, saying that the government has been shying away from the issue instead of tackling it. 

 “We all know that Petrol, diesel, kerosene, and gas are all utilities. Like we buy firewood, pay for water and pay for electricity if we want to use it, we should pay for Petrol too. It will cost transportation and other things, but that is the reality of the situation”.

While noting that if Subsidy is removed, there would be enough resources to provide for security of lives and property of the citizens, education, health care, etc., he expressed strong support for an open market for marketers to do the importation and sell freely. 

“I am sure if this is done, the rate will crash because products will be available. And certainly, the issue of price hikes will be over. Let the demand and supply market forces determine the price of goods and services.” He added.

On fuel scarcity, he urged the Management of National Nigerian Petroleum Company Limited (NNPCL) to intensify efforts to ensure the current fuel queues at filling stations across Nigeria disappear.

On the performance of NNPC under Mele Kyari, the ACF Scribe said,” If you’re talking about the performance of the NNPCL or the oil sector generally, I think since the Buhari administration came up, we have had less problem with fuel queues until recently.”

He, therefore, urged the leadership of NNPCL to redeem the good image hitherto achieved in recent years as a company with improved performance and ensure that the issue of long queues in the filling stations are addressed immediately.

 Oil discovery in the north ACF Scribe said there is no exciting news about oil discovery in the north because, according to him, “In the first place, the issue of discovering oil should not be a competition matter,but something that the whole country should be happy with.

“I can tell you that if we discovered oil anywhere within the country for any reason, we should all be happy because it’s an additional resource that will help provide more jobs and lead to sustainable growth and development.

Also Read:

“If there is oil in commercial quantities, it should not be used for export but processed for internal consumption.

“We can have modular refineries to produce the crude oil discovered in Gombe and Bauchi states. And where there is gas, we should use it for energy generation instead of looking at it from the export dimensions. And if it becomes abundant, even our neighbours can now benefit.”

“We in the ACF are not expressing undue excitement about oil discovery in the north.

Recent Posts

NHRC makes case for reforms in correctional centres

The Executive Secretary of the National Human Rights Commission (NHRC), Dr Tony Ojukwu, SAN, has…

1 minute ago

Police rescue 31 kidnap victims in Taraba, Edo

In a sustained effort against banditry and kidnapping, the Nigeria Police Force has again recorded…

4 minutes ago

Trump threatens to sue WSJ over Epstein sketch claims

His post came shortly after the Journal published a piece alleging that Trump had sent…

7 minutes ago

Buhari, eight other Nigerian leaders who died in UK hospitals

Nine notable Nigerian leaders have passed away in UK hospitals, sparking concerns about the

42 minutes ago

Niger govt inaugurates 22-member committee to boost livestock development

...this initiative through robust policy backing, adequate budgetary allocation and inclusive stakeholder engagement

50 minutes ago

FG ranks Kogi govt top in mining regulation compliance

He noted that such dedication is critical to achieving the Federal Government’s vision of transforming…

1 hour ago

Welcome

Install

This website uses cookies.