Monday, November 7, 2011

Subsidy Removal: The Undercurrents, The Trade-offs .

5 November 2011


 .Intrigues and controversies continue to trail the proposed removal of oil subsidy, with the federal government, state Governors and members of the National Assembly in the fray, as SAMSON EZEA reports.

THE proposal did not come to many people as a surprise, considering that during the April polls, the government expended a lot of money that needs to be recouped by a hike in the price of fuel under the guise of subsidy removal, a Labour leader told to The Guardian recently.

Investigations show that the Presidency is determined to remove the subsidy and had been lobbying the leadership of the National Assembly on the issue.

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