Connect with us

Hi, what are you looking for?

Moments Of Grace

Removal of fuel subsidy, price-fixing excites Atiku-

Former Vice President Atiku Abubakar has described the stoppage of subsidy and price-fixing for petrol as a right move by the All Progressives Congress (APC) administration led by President Muhammadu Buhari.

Abubakar is also the leading opposition Peoples Democratic Party (PDP) presidential candidate in the 2019 general elections.

In his verified Twitter handle on Friday, he called on Federal and State Governments to remove other impediments and roll out incentives to spur investments in the oil sector.

“Federal government finally withdraws from the fuel subsidy and price-fixing bazaar that had been rife with corruption and stalling investments.

“This is something patriots have been calling for and for which I was demonised.

“The stoppage of subsidy and price-fixing is a right move, although it should have come earlier when the economy was stronger.

“Federal and state governments should proceed to remove other impediments and roll out incentives to spur investments in the sector, especially the numerous refineries that had been licensed but are yet to be built.

“Then ensure the quality of fuel meets set standards,” Abubakar twitted.

The Vanguard News

You May Also Like

News

Dana Air MD, Ranesh in trouble for alleged fraud The Managing Director (MD), of Dana Air, Hathiramani Jacky Ranesh, will be arraign on October...

News

Globaltimes Nigeria reports that Following the suspension of Twitter operations in Nigeria by the Federal Government, the National Broadcasting Commission (NBC), has directed all...

Entertainment

Globaltimes Nigeria reports that the Association Of Movie Producers (AMP) has set up a Multipurpose Cooperative for members. The Multipurpose Cooperative called ‘The Creative Hub Multipurpose Cooperative’ was inaugurated...

Breaking.

Sunday Igboho Has been dagger-drawn with Oyo state governor, Seyi Makinde over attempt to quit Fulani herdsmen from Igangan, Ibarapa North Local Government area...