PRESIDENT Goodluck
Jonathan has said there is no going back on total subsidy removal, though he
said the government would continue to dialogue with Nigerians, to make them
reason with the government on the need for the removal.
Jonathan has said there is no going back on total subsidy removal, though he
said the government would continue to dialogue with Nigerians, to make them
reason with the government on the need for the removal.
The president, who was speaking at the Nigeria
Summit 2013, organised by The Economist, in Lagos, on Tuesday, said it did not
make economic sense to continue to waste resources meant for greater number of
Nigerians to subsidise the rich in the society, stressing that his government
would continue to enlighten Nigerians on the need to remove the subsidy.
“We cannot continue to waste resources meant for
a greater number of Nigerians to subsidise the affluent middle class, who are
the main beneficiaries,” he said.
It will be recalled that the announcement of
partial removal of the subsidy on January 1, 2012 led to a week-long strike and
civil unrest.
Source: Tribune
