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NEWS and REPORTS => Nigerian News => Topic started by: Defender on Oct 22, 2011, 09:02 AM

Title: Osun Speaker Warns FG Against Fuel Subsidy Removal
Post by: Defender on Oct 22, 2011, 09:02 AM
(http://www.osundefender.org/wp-content/uploads/2011/06/hon_salami_speaker_osun_assembly-150x150.jpg)
Speaker Osun State House of Assembly, Honourable Najeem Salam has added his voice to the condemnation trailing the Federal Government proposed fuel subsidy removal, describing the step as a move to bring hardship to the people of the country.

Salam implored the Federal Government to fix the dilapidated four refineries in the country in order to cater for local consumption, saying that the fuel subsidy removal is to the detriment of the common people.

The speaker in a press statement signed by his Press Secretary, Mr. Goke Butika, on Monday, tasked the government to explore other possible means of generating Internally Generated Revenue aside oil, maintaining that the country is blessed with numerous natural resources that could turn around the economy of the country.

He warned the Federal Government not to imitate the economic variables in Washington and Brussels, stressing that the system cannot work in the country because of her peculiarity.

Salam added that the fear of the people could not be allayed by the sweet statements of policy formulators, but by the actions that would certainly ameliorate the sufferings of the people of the country.

The House Speaker noted that the value of Nigerian currency is depreciating on daily basis as a result of government's ineptitude to practically reverse the consumers' status of the nation, lamenting that it is absurd and illogical for the country to be importing what it has.

Calling on President Goodluck Jonathan not to be swayed by ill-advise of his aides, Salam stated that some members of his cabinet are more disposed to International Monetary Funds' variables, which has no direct bearing with the reality of the country.

Salam lamented that Nigerians are contending with hunger, malfunctioning infrastructure and epileptic power supply, half of which had already triggered crisis in the Arab world and some parts of North Africa.

He submitted that increment in fuel prices would aggravate the sufferings of the masses, warning that the people might be pushed to the wall.

Osun Defender