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Presidency Insists Nigeria Cannot Move Forward Without Removal Of Fuel Subsidy



Jnanthan-pib-DiezaniThe Special Adviser to the President on Political Matters, Alhaji Ahmed Gulak, on Friday said that the quick passage of the Petroleum Industry Bill (PIB) would create an enabling environment for the sector.

Gulak told the News Agency of Nigeria (NAN) in Abuja that there must be complete deregulation of the oil sector if Nigeria must move forward.

He said, “There must be complete deregulation of the oil sector if Nigeria must move forward; without complete deregulation, private investors will not come to build refineries.

“As long as the subsidy regime is in place, we will always have problems. Our petroleum sector will not be developed; private investors will not bring in foreign investment to build the refineries.”

According to him, indigenous investors are not willing to build refineries, if they can go and import petroleum products and be paid subsidy by the government.

“So, if we want development in that sector; if we want availability of the product; if we want to add value to our crude oil, then we must deregulate the sector,” he said.

On the state of Nigerian roads, the special adviser said the roads were dilapidating faster due to the overuse.

He told NAN that pressure on the roads would significantly reduce once the rail system being planned by the government became functional.

The special adviser urged Nigerians to support the Transformation Agenda of President Goodluck Jonathan to ensure rapid growth and development of the country, create jobs and tackle insecurity.

He advised Nigerians to allow political parties in the country to grow along democratic lines, adding that it would be one way of delivering the dividends of democracy.

He also appealed to Nigerians to uphold justice for the development and sustenance of “true democracy” in the country.

According to him, true democracy will uplift and sustain the integrity of the nation with equity, fairness and justice in place. (NAN)

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  1. joshua

    July 26, 2013 at 8:59 pm

    Ahmed Gulak advise is full of wisdom ….. Men lik GEJ will hear but will not listen neither take actions… May God help him

  2. alabi

    July 26, 2013 at 9:05 pm

    God ponish ur generation, what is D gain of nijirans 4 D first one u remove?


    July 27, 2013 at 12:51 am

    what our gain?

  4. Supo ayeni

    July 27, 2013 at 12:59 am

    What’s wrong with this God-forsaking President of ours, he doesn’t want 2 know about our comfort at all, its increment all d time. PHCN has continuing 2 increase tarrif (even if we dont have light), domestic has also gone, n they talking about fuel subsidy. I don’t blame him n his cohorts, they kuku don’t pay 4 anything. But he should endeavour 2 remember dat there was a time he said he didn’t have shoe. Furthermore, he should remember dat one day he would have 2 give account of his steward, if not 4 man, he’d surely account it b4 God, no doubt.

  5. Brock

    May 12, 2014 at 4:32 am

    Have you ever considered publishing an ebook or guest authoring on other blogs?
    I have a blog based on the same information you discuss and would
    love to have you share some stories/information. I know my visitors would appreciate your work.
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NDDC Is A Cash Cow For Politicians – Nyesom Wike



NDDC Is A Cash Cow For Politicians - Nyesom Wike

Governor Wike

Governor of Rivers State, Nyesom Wike has expressed that he has never seen a more corrupt institution than the Niger Delta Development Commission (NDDC).

He made this remark while speaking as a guest on Channels TV Sunrise Daily on Thursday morning.

Also Read: Cult Violence: Wike Imposes Two-Week Curfew Around Okoro-Nu-Odu

Governor Wike went on to describe the Commission as a cash cow for politicians, stating that this has been the practice for a very long time.

The Governor also stated during the interview that South-South Governors have challenged NDDC against carrying out projects without consulting the state government.

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BREAKING: Senator Abbo Dumps PDP; Joins APC



BREAKING: Senator Abbo Dumps PDP; Joins APC

Elisha Abbo

Senator Elisha Abbo has defected from the opposition Peoples Democratic Party (PDP) to the All Progressives Congress (APC), Nigeria’s ruling party.

Senator Abbo, who represents Adamawa North in the Nigerian Senate announced his defection from the PDP to the APC in a letter addressed to the Senate.

Senator Ahmad Lawan, the President of the Nigerian Senate, read the letter during Wednesday’s plenary session.

Also Read: 2023 Presidency: Bode George Cautions Buhari About Tinubu

In his letter, Senator Abbo explained that his decision to defect to the APC is because of the mismanagement of the PDP in Adamawa state by Governor Umaru Fintiri.

Senator Abbo who is a first-term lawmaker was elected in 2019 to the Senate on the platform of the Peoples Democratic Party (PDP).

Meanwhile, the name Senator Elisha Abbo became popular amongst Nigerians last year after he made headlines for slapping an attendant in a sex toy shop for ‘disrespecting’ him.

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2023 Presidency: Bode George Cautions Buhari About Tinubu



2023 Presidency: Bode George Cautions Buhari About Tinubu

Bode George, Tinubu

Chief Bode George, a chieftain of the Peoples Democratic Party has warned President Muhammadu Buhari against supporting Bola Tinubu, National Leader of the All Progressives Congress for the 2023 Presidency.

Bode George made this remark in a statement titled, “The jamboree visit to the Villa: My Birthday Offering.”

The former National Port Authority boss warned Buhari against falling to the antics of those who would ignore the issues of Lagos State to engage in a needless scheming in partisan engagement.

Bode-George also condemned the recent visit of some APC chieftains, Chief Bisi Akande, Prince Tajudeen Olusi, Dr Yomi Finnih, and Chief Segun Osoba to the State House, Abuja.

Also Read: Fashola: If We Keep Our Promises, APC Will Retain Power In 2023

The PDP chieftain said: “The visit of Chief Bisi Akande, Prince Tajudeen Olusi, Dr Yomi Finnih, and Chief Segun Osoba to the seat of power in Abuja is needless, unnecessary, veiled in some poorly hidden agenda that is woven in apparently self-serving ulterior personalised desperation.

“It is easy to discern that the visit is stripped of any patriotic progression, lacking in balanced national leadership, voided of a spirit of sacrifice and developmental vision. The very absence of Bola Tinubu from the jamboree screams to high heavens that the meeting itself is a covert placatory softening of the ground for Tinubu himself. I am pretty certain that in his very absence, Tinubu occupies the centrality of the discussion.

“I will advise Baba Akande who governed Osun State with principled, incorruptible leadership to kindly help us drop off Bola Tinubu at Iragbiji as he makes his way back to Ila-Orangun, rather than engaging in fruitless pleading sessions for a man who is fixated on a warped pipe-dream about governing Nigeria. He should pay restitution for the egregious stripping of the Lagosian coffers.”

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