Nigerians call for discontinuation of fuel subsidy payment

 

A cross section of Nigerians on Wednesday urged the Federal Government to discontinue its subsidy payment policy to marketers importing fuel.

The respondents said in Lagos that removal of petroleum subsidy would be good for Nigeria’s prosperity.

The Director, Centre for Bee Research and Development, Bidemi Ojelewe, said that the controversy about the fuel subsidy payments was demoralising to the populace.

He said the country’s economy would rapidly develop and prosper if normalcy reigned over subsidy payments to marketers.

"Removal of fuel subsidy is inevitable if our government wish to meet the pressing anticipation of the masses,’’ he said.

Prof. Michael Akur, who lectures at the Department of Political Science, University of Jos, said: "The discontinuance of subsidy on fuel consumption will reduce the inflationary pressures our economy is facing.

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