By Izielen Agbon If we don’t kill corruption, corruption will kill Nigeria – Muhammadu Buhari, 2015 The fuel subsidy struggle in Nigeria has entered a critical phase. The cabal and its agents are agitating for President Muhammadu Buhari to increase fuel prices under the guise of removing ‘fuel subsidy’. There is no subsidy on…
Subsidy: Damn Stupid
There was one statistics we could not lay our hands on before going to press last week: the percentage of fuel stations in the country that are regularly dispensing premium motor spirit, pms. But one thing that was apparent is the growing sense of despondency that greets the mention of subsidy, due to the cost…
Subsidy Fraud: Ahmadu Ali’s Son Re-arraigned
Mamman Ali, son of Ahmadu Ali, former chairman of the Peoples Democratic Party, PDP, was among the three persons rearraigned by the Economic and Financial Crimes Commission, EFCC on Tuesday for alleged complicity in a N4.5 billion fuel subsidy fraud. The younger Ali was re-arraigned alongside another oil marketer, Christian Taylor and his company, Nasaman…
Can Buhari Solve the Subsidy Logjam?
The fuel scarcity that started towards the end of last month lingered last week, thus increasing stress to the pockets and the health of Nigerians. The tango between petroleum products marketers and the outgoing government even compounded the pains on the people. This is because it remains unresolved, and that with little consideration for consumers…
NON-PAYMENT OF SUBSIDY CLAIMS RESPONSIBLE FOR FUEL SCARCITY-PPMC
The Management of Pipelines and Products Marketing Company, PPMC, has said that the lingering fuel scarcity in the country is as a result of the non-payment of subsidy claims to oil marketers. Prince Haruna Momoh, Managing Director of PPMC, who made this known in his submission before the Senate Committee on Petroleum Downstream…