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Tag Archives: Fuel Subsidy Removal

Sudan determined to remove fuel subsidies despite oil agreement with south

Sudan determined to remove fuel subsidies despite oil agreement with south

Sudan’s finance and national economy minister Ali Mahmood Abdel-Rasool said today that his government will continue its belt tightening policies despite securing an agreement with South Sudan on oil exports that is expected to generate around $2 billion annually. The two countries ordered their oil companies to proceed with preparations for the restart of oil flow from landlocked South Sudan ...

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President Jonathan to remove fuel subsidy again

President Jonathan to remove fuel subsidy again

President Goodluck Jonathan on Tuesday (today) said he is still planning to withdraw fuel subsidy after discussing with the public the easiest way to do it. “We cannot continue to waste resources meant for a greater number of Nigerians to subsidize the affluent middle class, who are the main beneficiaries,” Jonathan said today at a conference in Lagos. Jonathan’s attempt ...

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Lest we forget! – By Ogunjimi James Taiwo

Lest we forget! – By Ogunjimi James Taiwo

Lest we forget, January 1st, 2012, they removed subsidy on PMS. They promised they were going to provide palliatives. But our people have been lied to long enough to read the lips of a liar. And so they took to the streets in fits of anger. Lest we forget, The people displayed rare unity in the face of a rare ...

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Total fuel subsidy removal is a must – Jonathan

Total fuel subsidy removal is a must – Jonathan

President Goodluck Jonathan on Thursday launched a fresh campaign to totally remove the subsidy on fuel, barely a year after a similar campaign and forceful removal of subsidy almost brought the country to a standstill. Jonathan said only the total removal of subsidy on petroleum products would attract investors to the oil sector and put an end to the importation ...

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