I don’t support subsidy removal – Buhari

Buhari, according to a statement from his spokesman, Yinka Odumakin, made available to Weekly Trust yesterday said the sharp practices that characterize the importation of petroleum products suggest that the deplorable state of Nigeria’s refineries is a deliberate sabotage. President Goodluck Jonathan was quoted to have said during his speech at the 17th Nigerian Economic […]

Buhari, according to a statement from his spokesman, Yinka Odumakin, made available to Weekly Trust yesterday said the sharp practices that characterize the importation of petroleum products suggest that the deplorable state of Nigeria’s refineries is a deliberate sabotage.

President Goodluck Jonathan was quoted to have said during his speech at the 17th Nigerian Economic Summit (NSE) in Abuja on Thursday that the former head of state was favorably disposed to the plan removal of subsidy. “I can now appreciate people like Buhari, who in terms  of politics was my major competitor, he is the only one person who has come up clearly  that the issue of subsidizing petroleum products is a fraud. He is not playing politics with the development and future of Nigeria,” the President was reported to have said.

 

Buhari insisted that most of the elements that goes into what is called “subsidy” is the cost of corruption in the opaque business of oil importation.

Odumakin said as a man who has stood against corruption in both private and public spheres all his life, Buhari cannot lend his support to a measure that aids corruption and further impoverishes the people, as all the Federal Government wants to do is to jerk up pump prices.