THE ruling All Progressive Congress (APC) has declared support for the decision of the Muhammadu Buhari-led Federal Government to subsidize the price of petrol.
The party was reacting to claims by the opposition Peoples Democratic Party (PDP) that the government was planning to trade away the nation- resources to other interests under -sneaky subsidy deals”
-We all know that there are very few NNPC stations and that most of such stations will not even have the products. What this means is that after ruining the system, the APC administration is now contemplating handing Nigerians over to unspeakable whims of independent marketers, while attempting to cover shady subsidy regime through which billions of naira could be frittered away daily under their watch,” the PDP through its National Publicity Secretary, Kola Ologbondiyan said.
HEADLINE recalls that the now ruling party had during it days in the opposition kicked against the subsidization of the product by previous administration.
It said they kicked against it because people were making money out of it to the detriment of the nation.
Backing down on its earlier stance, APC- National Publicity Secretary, Malam Bolaji Abdullahi said the decision of the party was taken to save Nigerians from the brunt of additional increase in the price of petroleum products in the country.
-The thing is that these are tough choices that government would have to make. Either choice you make comes with its own costs, either economic or political. At the end of the day the government has to take the best decision in the interest of the people.
-The issue of subsidy became a problem in the previous regime because of the corruption associated with it.
-If you followed the conversation around January 2012 on the removal of fuel subsidy, you would have realized that Nigerians were opposed to the action at the time. They kicked against it because people were making money out of it to the detriment of the nation. It was the fraudulent implementation of subsidy that Nigerians were fundamentally opposed to, and not the subsidy itself.
-So the decision to retain subsidy, we believe, is in the overall interest of Nigerians. It is to also ensure we don”t put unnecessary burden on our people,” he told Guardian Newspaper.
The PDP expressed sadness that Buhari had refused to heed wise counsel from Nigerians to quit as minister of petroleum and allow competent hands to effectively manage the sector.
The party said Buhari- rejection of the advice had left the nation with no hope of any solution to the current fuel crisis and its attendant hardship on Nigerians