Chief Odigie-Oyegun, who made the appeal yesterday at the party’s National Secretariat in Abuja while speaking with journalists, said:
- The subsidy regime had become so intensely manipulated and abused that it was no longer operating in the interest of the Nigerian public.
- The current the kind of queues that had become endemic over several regimes in Nigeria is a clear indication that something has gone “seriously wrong” with the subsidy regime.
- Those who were privileged were exploiting it to amass more wealth
He said the new regime would ensure the availability of the fuel, prevent “indecent queues at petrol stations” that encouraged over pricing and free the economy when the laws of demand and supply were allowed to operate.
He said he foresees a situation whereby the sky-rocketing prices of commodities and services would crash down in the next three months when the products are available, citing what happened in the telecommunication industry.
“The economy is in bad shape as a result of which our people are going through hard times. But unless we correct some of these chocked points within the economy, we will not revive as quickly as if should be,” he warned. Click to signup for FREE news updates, latest information and hottest gists everyday
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APC is now a party that portends cluelessness insensitivity incompetence hardship starvation hunger and hopelessness. May Good save Nigerians from these political 419ers and party.
ReplyDeleteDeregulation of the oil sector I the way to go. It is even long overdue. The oil cabal cannot continue holding us to ransom. It is either we allow deregulation once and for all and buy with ease at the official price of #145 for now with the expectation of further fall in price in the nearest future or allow the cabal to continue manipulating the system to their own advantage and to our own detriment. Which one is better, buying at #145 for now without queue and without wasting productive hours at filling stations or buying at the black market prices of between #180 and #250 with struggle?
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