by The Guardian Newspapers, Wednesday, 28 December 2011

THE Federal Government’s plan to remove subsidy from petroleum products is still hard sell to Nigerians. Even its promise to appoint credible Nigerians to manage the funds accruing from the stoppage of the scheme is not accepted without reservations.
Among eminent Nigerians, whose views count on national issues that have raised doubts over the ability and readiness of the government to do the right thing with the accruing funds is the Catholic Bishop of Sokoto Diocese (comprising Katsina, Zamfara, Kebbi and Sokoto states), Matthew Hassan Kukah.
Kukah told journalists at his Sokoto residence on Tuesday’s evening that while the removal of oil subsidy could “make political and economic sense, it lacked moral sense.”
The fiery cleric released the dart, when he said he does not believe that the money from the removal of subsidy would not be stolen just like the proceeds from the excess crude oil.
He said although the President has assured that credible people would be appointed to manage the money, “credibility no longer has meaning in Nigeria because many supposedly credible people are at the helm of affairs in many government institutions such as the Nigerian National Petroleum Corporation (NNPC), Millennium Development Goals (MDGs), Education Trust Fund (ETF), and Universal Basic Education Commission (UBEC) which are not making any headway.”
The fuel subsidy posture of the government has also been punctured by an oil expert, Dr. Izielen Agbon, who said there is enough official falsehood about the policy.

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