Oil Subsidy: We Stand With Buhari – CNPP


Conference of Nigerian Political Parties (CNPP) has commended President Muhammadu Buhari, GCFR, on his unwavering resolve to handle with care the contentious issue of Oil Subsidy.

In a statement signed by the National Publicity Secretary, CNPP, Osita Okechukwu the group said that they have pledged their support to the president’s resistance to all manner of temptation to remove oil subsidy.

The statement commended President Buhari’s statement which was reported recently.

The president had said: “I have received much literature on the need to remove subsidies, but much of it has no depth.

“When you touch the price of petroleum products, that has the effect of triggering price increase on transportation, food and rents. That is for those who earn salaries, but there are many who are jobless and will be affected by it.”

He further stated that the group was of the candid view that President Buhari has the political will to plug most of the leakages, scams and unbridled corruption which enveloped the Oil Subsidy, a supposedly pro-people initiative.

“Removing the Oil Subsidy, for us, is like throwing away the baby and the bath water; as records clearly show that the fantastic figures gazetted by the Nigerian National Petroleum Corporation (NNPC ) and its agencies in the last five years cannot stand the test of genuine forensic audit.”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s