FEC Says No Going Back On Fuel Subsidy Removal

The FEC met today to discuss the removal of fuel subsidy and the outcome of the meeting: No going back on fuel subsidy.

According to Punch Newspapers:

The Federal Executive Council on Wednesday said it would not rescind the removal of the subsidy on petroleum products.

Minister of Information, Mr. Labaran Maku, told newsmen at the end of the emergency FEC meeting at the Council Chambers of the State House, Abuja, that government was not unmindful of the pains being experienced by Nigerians, as a result of the action.

He said the Federal Government had commenced a ‘massive mass transit scheme’ to cushion the effect of the subsidy removal on transportation. Under the scheme, thousands of mass transit vehicles are to be distributed.

He was joined by the Minister of Trade and Investment, Mr. Olusegun Aganga; and the Minister of Transport, Idris Umar.

The emergency meeting, which was chaired by President Goodluck Jonathan, began at 12. 15p.m and around 3.30pm.
Vice-President Namadi Sambo; Labour Minister, Emeka Wogu; and the Minister of National Planning, Shamsudeen Usman, were among those in attendance.
Absent from the meeting were Finance Minister, Mrs. Ngozi Okonjo-Iweala; and Petroleum Minister, Mrs. Dieziani Alison-Madueke.
FEC last met on December 21 and adjourned till January 11.

Source: Punch Newspapers

14 COMMENTS

  1. God will punish all of you, so bringing bus will solve the problems. it’s wide clear that you people just sit down and make decisions without the necessary things to be done. No Power supply, School on strike,Boko Haram, all this Alone are pain to every average Nigeria. do You people think at all?

  2. God is watching. Jonathan initially appeared as an awaited angel to salvage Nigerians from suppression, pain, corruption, insecurity facing them, not until now, he unveiled himself to us. Jonathan, be careful before sunset on u.

  3. sir, i appreciate ur efforts to d development of dis nation. I must say dat there are better ways of going abt things. There could be a need to remove d subsidy but the situation of things in d country should b considered couple with d advance effect it will posed.
    The deregulation of d downstreem i.e gas nd kerosine has caused many havoc in d rural area bcos d poor masses resorted to using firewood which invariable means cutting down trees. This has affected d level of agricultural which i know d govt is trying to resocitate. That means that effort has been redered useless. People are trying to survive dat, now the new policy. I must conclude that dis govt is not considering the survival of the poor masses i.e people below average. Dat’s terrible!
    I must conclude that the citizens of this country feel dissappointed at this govt bcos they are not living up to our expectation.
    Pls don’t disorganize this nation in ur tenor. Think twice

  4. What is dis country turning to no electricity ,in de north boko haram, no good road de youth are unemployed and instead of finding solution to those thing u are there making people life more miserable by removing fuel subsidy dis country will not be at peace with u unless u restored it back.

  5. abt more bus in country can’t solve d prblm what we ned is dat hw we are gng 2 fel in dis country all dis minister’s are nt supporst 2 b dare b/c dare amng dos who are currupting d country

  6. Wait a minute…………. Does the government really enjoy making money while the poor masses are suffering: this is hell……….
    It is only a good parent that listen to his/her children cry.: This is mutual feeling and love ……………..
    Does this mean that the government does not have mutual feeling for the masses? .: This is madness …………….
    If that be the case: since they (government of Nig. ) lack mutual feeling, i wish that they should have primary feeling so that: they will also feel the pain that they are causing to this nation………
    What a non sense???……………
    Just a few days; price of things in the market has double, transportation has tripple, business men finding it difficult to fuel their generator………. Wait! ……. Wait!! …… Wait!!!……. Is this the end of the world?

  7. This life on earth is too short for one to be doing non sense……. Why not do what will make the people to remember you? …… Remember hardly some one of these days live up to 200 years and what ever good things you do is what you will be taken to heaven…….. Not worldly money. What goes arround comes arround…… Have you forgot that?
    I advice the government to listen to the people rather than self interest…… Life is not about what one thinks but it is all about what everyone think……

  8. To start with… I don’t really think Mr president actually understand the effect of the fuel subsidy removal on the masses…. Fine, we all no that the economy of Nigeria is not convinent for most of the citizens to survive…. Fine, the government now think that there must be a change…. Fine,they now think of removing fuel subsidy in other them to generate more fund for them to provide infrastructural facility,social amenities,etc…. Fine, but before the government can make such decision,there must be a “PROVISION FOR THE REMOVAL OF FUEL SUBSIDY” such as:12 to 16hours of garranted electricity per day,vehicles for free transportation in all state, decrease in the price of food, goods and services, decrease on tax rate paid by any company and individual, security…..with these, I think the government can now go ahead with the removal of fuel subsidy……. If they have ears let them hear….GOD BLESS Nigeria…

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