ARGUMENT AGAINST FUEL SUBSIDY REMOVAL


Over the years, our leaders had failed s repeatedly over implementation of promises. Nigeria is known for good blueprints on whiles and programmes but execution an implementation of those policies is always a problem .
Based on this experiences, Nigerians are living in fear of being   heated with subsidy  removal.
Subsidy removal in the oil industry according to some Nigerians may not ensure effective an deficient streamlining in the sector in a transparent and growth oriented manner
In  January Nigeria partly removed subsides for fuel, increasing the price of petrol by  50 percent  to 97  naira ($0.60)  from  67  naira which had an inflationary  impact  by pushing up the cost of transport,  food and other goods.
Before the removal of subsidy in January, 2012 Samusi  had on November, 2011  told renters that  inflation could  hit  14-15  percent up  from  10.3  percent by December2011 before falling  to  single digit in late 2013 . Inflation impact of the subsidy removal in January could be a “bit  exaggerated” he  said.
There  is also the fear that the political heavy weight  will capitalize on subsidy and cause more  untold  hardship to the poor masses of the country  as  the rich gets  richer  and the poor  getting  poorer.

CONCLUSION
The removal of fuel subsidy will help in a speedy acceleration in agriculture, education, health sector, water supply, power sector,  road and rail transportation sector and youth  empowerment programmes will not only  head  to transformation of  public infrastructures in Nigeria,  but will also ensure the gainful employment of millions  of Nigerians who were hitherto  unemployed.
This will enhance the socio economic well being of  our dear Nigerian  people.

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