What Proponents/Supporters of Fuel Subsidy Removal Are Failing To See Or Address

Started by Jobbers, Jan 04, 2012, 10:21 AM

Jobbers

I stumbled upon this Facebook wall post by a Nigerian and thought it wise to share with you for your opinion:

QuoteThere are some huge fundamental issues this morning that's really upsetting me to my bone marrow and one that I can't seem to understand the LOGIC behind it and one that the proponents and supporters of FUEL SUBSIDY REMOVAL ARE EITHER FAILING TO SEE OR ADDRESS! The issues/questions are:

"HOW ON EARTH DID WE ARRIVE AT THIS POINT WHERE AN OIL PRODUCING COUNTRY LIKE NIGERIA, THE 5th LARGEST PRODUCER IN THE WORLD END UP USING THE MODEL OF FUEL IMPORTATION AS ITS WORKABLE MODEL FOR MEETING DEMAND OF A PRODUCT IT HAS LOCALLY IN ABUNDANCE AND MAKE ITS CITIZENS PAY FOR THE PRODUCT AS THOUGH THEY WERE NEVER BLESSED WITH IT?"

"WHY SHOULD THE CITIZENRY BE MADE TO PAY AND SUFFER FOR THE OBVIOUS CORRUPTION AND INEFFICIENCY OF HER GOVERNMENT WHILE WE STILL WORK & CONTRIBUTE TOWARDS SUBSIZING THEIR LIV...ES AS THEY WOULD NEVER FOR A DAY FEEL THE EFFECT OF THE REMOVAL?"

IT TAKES AN AVERAGE OF 24-36 months to build a local refinery that can meet local demand! WHY HAS NO GOVERNENT IN THE LAST 12 YEARS WITH ALMOST $80bn in foreign reserves NEVER THOUGHT OF FIXING THE ISSUE OF LOCAL PRODUCTION OF THIS PRODUCT YET IN UNDER 2 YEARS OF GOODLUCK'S ADMINISTRATION, THE FOREIGN RESERVE HAS DISAPPEARED AND WE CAN'T SAY THIS IS ONE TANGIBLE PROJECT THE MONEY WAS USED IN ACCOMPLISHING THAT'S BENEFITING THE AVERAGE NIGERIAN YET HE HAS PLUNGED US INTO FURTHER DEBT yet expects us to TRUST HIM TO PERFORM MAGIC WITH AN OVERBLOATED APPROMIXATED FIGURE OF $8bn (NGN1.3trn) HE EXPECTS TO SAVE FROM THE REMOVAL OF FUEL SUBSIDY?

WHAT EXACTLY WERE THE RECOVERED FUNDS FROM THE ABACHA FAMILY AND OTHER RECOVERED LOOTED FUNDS FROM THE NIGERIAN TREASURY USED FOR AND WHERE EXACTLY DID THE MONEY GO TO?

These and more are the issues I can't seem to get my mind over and all of you supporting the removal of subsidy needs to help answer!