Stop the Removal of Oil Subsidy in Nigeria
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The pertinent question is why is the removal of the subsidy the best option in a country that majority of its citizens are living in object poverty and no welfare or financial support of any kind to support the poor, unemployed, disabled etc. This pertition is to promote awareness and help stop this expliotative policy "the rich get rich and the poor get poorer policy" The best option is tackling the oil subsidy exorbitant payments to corrupt oil cabals and fixing the refinaries to operate in full capacity, build new ones and make the enabling environment for private sector investment in building and operating refinanries in Nigeria. The priority should not be the removal of the subsidy as this will just be a transfer of the money to same group of corrupt oil cabals without addressing the root cost of the problems which is the failure of the system to produce, maintain, manage and protect the refine petroluem production facilities to provide for the domestic market as its top priority before the exportation of petroluem whether crude or refined, the importation of petroluem should not be an option. The priority should be a comprehensive plan of transparency and accountability in the oil subsidy process from the top to the bottom to ensure value for money, while addressing the problems of getting the refinaries operating in full capacity and building new ones. This will no doubt significantly reduced the subsidy to the point that the purpose of the subsidy in the first place which is to support the economy will be achieved. The greatest issue is that of political will to do that which is right not that which is convenient.
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Goal
50 signatures
Goal: 50
Latest Signatures
21 October 2015
12 July 2015
49.
Mike I
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Frankly speaking we should ask ourself this very important question posed by erstwhile Head of state General Buhari shortly after the oil subsidy was removed. " Does the FG actually subsidise oil in any form or is just an avenue to carry on their unfatter
11 June 2015
11 May 2015
5 May 2015
46.
Gbenga A
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The government can make a profit of about 106\% if they produced their refined fuel locally.
13 March 2015
12 February 2015
6 December 2014
29 June 2014
22 June 2014
17 April 2014
12 March 2014
39.
Solomon U
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Fight the corupt system where contracts are inflated and paid for but not executed. Stop fighting the masses who feed from the crumbs that fall from ur tables. Removal of fuel subsidy is never a viable option to solving our economic woes.
26 February 2014
10 January 2014
37.
Dennis B
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This policy is anti-public and a policy of the "rich get richer and the poor get poorer". The FG should solve the root cause of the problem which is corruption in the oil Sector
28 December 2013
11 September 2013
25 August 2013
21 June 2013
9 June 2013
32.
Jo O
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The nations leaders all have psychological imbalance, they are political psycopath they are all callous and are under the influence of schizophrenic illusion.
3 June 2013
31.
Stephen D
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According to analysts over the years have complained of incessant wastage of resources, unbridled corruption and wanton mismanagement of resources as major setbacks for development. Under this status quo, they maintained that no meaningful economic progra
15 February 2013
30.
Solomon U
|
Fight the corupt system where contracts are inflated and paid for but not executed. Stop fighting the masses who feed from the crumbs that fall from ur tables. Removal of fuel subsidy is never a viable option to solving our economic woes.
11 February 2013
18 November 2012
28.
Ofulue Nkemg
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OUR PEOPLE ARE SUFFERING ENOUGH. DO NOT EXACERBATE OUR SITUATION BY REMOVAL OF SUBSIDIES ON PETROLEUM PRODUCTS!
17 September 2012
27.
Solomon U
|
Fight the corupt system where contracts are inflated and paid for but not executed. Stop fighting the masses who feed from the crumbs that fall from ur tables. Removal of fuel subsidy is never a viable option to solving our economic woes.
9 August 2012
26.
Gbenga A
|
The government can make a profit of about 106\% if they produced their refined fuel locally.
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