Wednesday 25 April 2012

Subsidy report: ACN blasts Jonathan; asks him to apologise to Nigerians

Action Congress of Nigeria has asked President Goodluck Jonathan to apologise to Nigerians for the increase in fuel pump price after the report of the House of Representatives Committee’s probe of fuel subsidy alleged large scale fraud.
The party, in a statement by its National Publicity Secretary, Alhaji Lai Mohammed, said the report of the House of Represenatatives Committee on the management of fuel subsidy had shown that the increase was ill-advised.
The ACN said, “Against all informed pieces of advice, even from well-informed industry insiders and analysts, President Jonathan approved the removal of fuel subsidy and went ahead to defend it.
“The President is human and therefore can also be wrong. But when he is, as it has now been proved, he should be humble enough to admit it and apologise.”
It said after the apology, the President should revert the fuel price to the pre-January price of N65 per litre.
The party added that Jonathan should implement the recommendations of the fuel subsidy committee and prosecute all indicted persons and companies.
The party added, “In more-civilised climes, those who bandied spurious figures to Nigerians and hinted that the economy would collapse if the subsidy was not removed – would by now have tendered their resignations – with apologies – over the discovery that what the government has been subsidising over the years are corruption and inefficiency, not fuel.
“The sectional groups which threw their weight behind the fuel subsidy removal, for no other reason than that the President is their “son”, should also have repeated the adverts they placed in the newspapers, but this time repudiating their earlier adverts and apologising to Nigerians.”
It said since those indicted would not resign, the President should sack those he had the power to sack.
It noted that many Nigerians had expressed anger at the report of the House Committee, especially the huge payments made to unknown and unqualified fuel importers and the recommendation that the NNPC, PPPRA and some oil marketers should refund over N1tn.

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