Buhari To Remove Fuel Subsidy, Invest Savings On Education

Bayo Ajibola

buhari-NL

President Muhammadu Buhari plans to totally remove fuel subsidy, it has emerged. Money saved from this will be used to provide free and compulsory primary/secondary education across the country.

This is reported to be part of the recommendations made by the transition committee that helped the president to work out a blueprint for his administration.

According to Vanguard, the Buhari-led administration is also planning to unbundle the Nigerian National Petroleum Corporation (NNPC) to make it more efficient in the production and delivery of products to Nigerians.

To ensure the planned removal go as planned, the Labour, which led a strike against a similar move by former president Goodluck Jonathan in 2012, was involved in the decision.

“Labour is part of the decision; they have accepted the proposal of fuel subsidy removal,” a source, who is a member of the transition committee, told Vanguard.

“A committee is likely to be set up by the federal government to work out the modalities of what is to be done in that respect.

“But the truth is that total removal of fuel subsidy has been recommended with adequate provisions for palliatives on free education and social welfare for the unemployed.”

Commenting on the planned unbundling of the NNPC, the source said: “The federal government is keen on plugging all areas of leakages in the corporation and whoever must have caused them must be made to account for such unpatriotic wastages. We don’t know whether that is what you call probe or not”.


Bayo Ajibola

Welcome to naijaparents.com. Whatever your  problem, marital, relationship, spiritual or parenting. We are here for you. No matter how difficult they are, together we can release power sufficient to solve these problems either spiritual or otherwise. Don't dwell on what went wrong. Instead, focus on what to do next. Spend your energies on moving forward toward finding the answers and solutions.  Digging at the roots instead of just hacking at the leaves is our way of solving your problems. On naijaprents we break the problem down into components and solve one problem at a time. Let's hear from you.Join the conversation on our Forum and , like us on our Facebook page .Google+

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.