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Showing posts with the label Ngozi Okonjo-Iweala

Dear President Goodluck Jonathan, Ngozi Okonjo-Iweala and Diezani Alison-Madueke

Dear President Goodluck Jonathan, Ngozi Okonjo-Iweala and Diezani Alison-Madueke Dear President Goodluck Jonathan, Ngozi Okonjo-Iweala and Diezani Alison-Madueke, there is no need for long speeches now, because the chickens have come home to roost. It is not rocket science to know the facts on the issues at stake on the 419 scam called Fuel Subsidy on Petrol. I stand by what Prof. Tam David-West said, that there is really no subsidy on petrol, because from the cost of production to the filling station , the real pump price of petrol should even be less than N65 per litre since it is from our crude oil. And why should the petrol from our own refineries be sold at the same price with the imported petrol? Again, why should you inflate the pump price of the same subsidized fuel imported last year 2011? When the 2012 8udget is still before the National Assembly? If you made no provision for subsidy in the 2012 Budget, then why not wait until the implementation before increasing the pump pr...