Fuel Subsidy Removal: President Buhari Under Fire

Reactions have continued to trail the federal government directive to scrap petroleum support fund, also known as fuel subsidy and to peg the pump price of the Premium Motor Spirit (PMS) to N85 per litre.

The fuel scarcity continued throughout the Christmas holidays

There has been mixed reactions since Emmanuel Ibe Kachikwu, the minister of state for petroleum resources and group managing director of the Nigerian National Petroleum Corporation (NNPC), made the announcement yesterday, December 25.

READ ALSO: NNPC Claims Nigeria Has Fuel That Will Last 24 Days

While some Nigerians welcomed the announcement by the federal government, other have described the reduction of petrol pump price from N87 to N85 per litre after the removal of fuel subsidy as a failed attempt to deregulate and regulate sector at the same time.

Naij.com has been tracking some reactions as stated below:

Few years back, we woke up on the first day of the year to hear of the outrageous increment in fuel price, the reverse is about to happen

— Adebola Taofeek (@iam_ademuyiwa) December 26, 2015

They want to reduce fuel price to N85 next year. These government people, set in their curious ways, insist I stay more befuddled than ever. — Chuba Ugwu (@chonsyy) December 26, 2015

So the 1.9 million Morons in Kano that voted Chanjii and chanted Sai Buhari want to protest increase in fuel price ?
Clowns

— OchinanWata 1 (@mr_ochonogor) December 23, 2015

Is this really the change we want?.how can a senator have 10 exotic convoy cars and we are still struggling to buy 120naira fuel price.. — Olatunde Ayodeji (@IamDejimo) December 16, 2015

If u giv me ur mandate, d 1st I will do immediately Is to reverse Fuel price frm #87 to #47″~ PMB. U remember!

— Hajibowo Tholulope (@iamtolujeje) December 16, 2015

Remember how some wise pple explained that the fuel subsidy removal was necessary & we were “too poor” to understand? They’re speaking again — God is all (@tamunowarisoma) December 26, 2015

2012. Cos of temporary inconvenience of buying fuel at peak N140/ltr, Nigerians opposed subsidy removal. 5yrs down, we’re buying @ N200/ltr

— Solopenja (@solomonapenja) December 18, 2015

@nancyilloh fuel subsidy removal is good it might highten things in the country but nigerians suffering is drinking water.Ego better

— Bonet mark legend (@BonetLegend) December 16, 2015

FG proposes removal of Fuel Subsidy comes 2016&Pump price@#97 per liter is Good idea provided d cash accrued from Subsidy wil improve Lives.

— Sir MC Ndubuisi (@michaelcndubuis) December 15, 2015

Once the full deregulation of downstream sector is achieved through the removal of fuel subsidy millions of jobs will be created. I luv this

— Gerald Okeke (@Okeygeraldino) December 15, 2015

Meanwhile, many Nigerians during the Christmas celebrations wore long faces occasioned by the acute scarcity of petrol which has drastically affected prices of staple food items sold across markets in the contry. 

The post Fuel Subsidy Removal: President Buhari Under Fire appeared first on Nigeria News today & Breaking news | Read on NAIJ.COM.

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