20 January 2012
The Federal Government Thursday said it would review the 2012 Appropriation Bill to make provision for partial fuel subsidy following the recent unsuccessful bid to scrap the policy and implement full deregulation of the downstream sector of the petroleum industry.
Equally, the Federal Government has also reiterated its resolve to fight corruption particularly in the petroleum sector, insisting that all forms of leakages and wastages in the sector needed to be blocked to harness these resources for the benefit of the economy.
But a legal luminary and former
Bar Association, Chief Olisa Agbakoba, has warned that the war against wastages and corruption in the sector could not be won by mere policy pronouncements but government must be prepared to match policies with action. Chairman, Nigeria