There is a strong resolve by Nigerians to resist government attempts to implement the European development fund (EDF) / IMF agenda to deregulate the downstream oil sector, which to the average Nigerian, simply means the removal of fuel subsidy.
Remember now that there is government subsidy on the oil, the price of oil to fill 2littres $29 (N5,000).
The Venezuelan ambassador to Nigeria, Enrique Arundel, kind of punctured any hint of credibility in the arguments put forward by the Nigerian oil bureaucrats against subsidy by drawing direct comparisons with oil sector policies in his country. First he debunked the argument that Nigeria had the lowest price of refined product among oil producing countries and said it cost NGN 400 approximately $2.35 to fill a 2 liters engine car in Venezuela against $29 (NGN5000) in Nigeria. He wondered why Nigeria was making so much fuss about fuel subsidy when his country was also subsidizing other neighboring countries. He went further to identify Nigeria’s problem as its preference to export than refine more of her crude. Refining more of the countries crude would give the country higher stakes in a deregulated market, stimulate medium scale service industries and also provide greater job opportunities for the teaming skilled unemployed.
NLC president, Comrade Abdulwaheed Omar gave this directive in a statement following a press conference in Perth, Australia by minister of petroleum resources, Mrs. Dieziani Alison-Madueke claiming before the international community that the federal government had not taken a decision on the removal of oil subsidy and that no date has been fixed for the removal.
Instead of this endless rigmarole, the NLC has advised the government to drop the so called fuel subsidy removal and concentrate on actual governance and alleviation of suffering of Nigerians.
Omar, however, described the statement as untrue, and calculated to mislead the international community and to lure Nigerians away from the on-going mobilization against this anti-people policy.
“The truth is that President Goodluck Jonathan in his letter to the National Assembly on the Medium Term Expenditure Framework of his administration stated categorically that the government has decided to remove fuel subsidy and that the take-off date is January 2012.
Consequences: Unemployment, Inflation, price hike of goods and services across the country, strike actions… and so on….. Nigerians, get ready for the days ahead: Please if you have the President’s contact, tell him to rethink and not so corm to the pressure of the international community, It will hurt us