Categorized | News

President Jonathan announce he will use Executive Order to remove fuel subsidy in 2012

Nigeria’s President, Goodluck Jonathan, is set to use executive order to remove fuel subsidy.
President Jonathan and his cabinet came to this conclusion yesterday.
A source stated, “The government will not depend on any legislative instrument to back its action, the withdrawn subsidy will be part of the 2012 budget being worked upon by the Minister of Finance, Dr. Ngozi Okonjo-Iweala.
The cash from this source is to be ploughed into reviving the country’s decaying infrastructure.”
A member of President Jonathan’s cabinet who prefer to be anonymous because of the volatility of the removal of fuel subsidy among Nigerians stated, ““The government has decided to make the withdrawal of fuel subsidy a purely Executive matter; we will resolve this debate over the subsidy in the next few weeks with the 2012 Budget. There is no way we can manage 2012 Budget without removing fuel subsidy. It is central to the economic growth we are trying to accelerate. We felt it is better to take a painful but a necessary decision in the interest of the nation’s development and its future. This government will eventually be vindicated when Nigerians start feeling the effects of the removal of subsidy on education, roads, health, water and other infrastructure. Whatever is the decision of the Senate and House of Representatives on the withdrawal of fuel subsidy is advisory. Go through the 1999 Constitution, you will discover that the government is constitutionally empowered to take such a decision. Section 16(2) of the Constitution gives the government the backing to withdraw fuel subsidy because it is purely an economic matter. The section says in part: ‘The state shall direct its policy towards ensuring (a) the promotion of a planned and balanced economic development; (b) that the material resources of the nation are harnessed and distributed as best as possible to serve the common good.
“That the economic system is not operated in such a manner as to permit the concentration of wealth or the means of production and exchange in the hands of few individuals or of a group …””
The source further explained that the Federal Government of Nigeria has demonstrated it intends to remove fuel subsidy in good faith by its publication of the list of fuel subsidy beneficiaries.
The source stated, “The publication of the list has shown our commitment to unmasking the subsidy cartel and utilising the funds realised from the removal of subsidy.” What are you thinking?

4 Responses to “President Jonathan announce he will use Executive Order to remove fuel subsidy in 2012”

  1. To use Executive power to forcefully remove fuel subsidy against the opinion of the masses is undemocratic.Beside can President Jonathan tell the whole world what he has done to Nigerians since assumption of office that warrant the proposed plan to remove fuel subsidy? President Umar Musa Yar’adua of late memory increased workers’s salary without increasing pump price but rather he reduced the pump price.The N18.000 minimum wage increase by President Jonathan is not a living wage to Nigeria workers. Mr President should devise other rational means to alleviate poverty in the land than to remove fuel subsidy. What Nigerian need now is dividends of democracy.

  2. Various interest group have one way or the other intervened over the proposed fuel subsidy removal by President GoodLuck but to no avail.The question on the lips of Nigerians begging for answer from the President is whether or not we are practicing true Democracy or autocracy? With the attendant hardship hanging on the neck of Nigerians there should be no attempt to remove fuel subsidy. Presently, government filling stations across the country are starved of petroleum products.Have Nigerians committed sin to elect Jonathan as President?

  3. Name says:

    the removel of fuel subside it not a sppting motion by the masses cuz it has of no benefit to the so in power should change thier plain pls.

  4. Name says:

    dis our country mawa,pls govt hear d plea of d masses


Leave a Reply

4 + = thirteen

Share Nigerians Saving Nigerians With Your Friends

Nigerians Saving Nigerians is registered as a nonprofit corporation with the Secretary of State of Texas, U.S.A. Nigerians Saving Nigerians is a nontribalistic and nonprofit organization, founded on the 27th of September, 2011. The purpose of Nigerians Saving Nigerians is to strengthen civic duties among Nigerians in order to foster peace and prosperity. The purpose of the Nigerians Saving Nigerians website is to provide a platform where Nigerians can organize peacefully in order to strengthen the development of Nigeria.

Find Us On Facebook

Featured video on Nigerians Saving Nigerians: Spoken word performance by President Barack Obama Fellow, Omololu Omotosho.

php developer india

Video of the week: Africa Rising

php developer india