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Fuel Subsidy Removal: NLC To Jonathan – Hand Over Power Now !

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Fuel Subsidy Removal: NLC To Jonathan – Hand Over Power Now !

President Goodluck Jonathan

Oct 29, 2011 – Fuel Subsidy Removal: NLC To Jonathan – Hand Over Power Now !

Here is the latest news on Planned Fuel Subsidy Removal issue in Nigeria

Currently, the disagreement between the Federal Government and Labour over the planned removal of subsidy on petrol has deepened as Labour insisted on mass action against the policy even as it advised President Goodluck Jonathan to  resign from office.

The Nigeria Labour Congress, NLC, made the call for Jonathan’s resignation against the backdrop of government’s disclosure last week that it was in the process of instituting a body of eminent and trusted Nigerians to manage the funds that would accrue from the removal of the subsidy on petrol. The position was in response to Labour’s opposition to the fuel removal bid.

Labour’s position, made available to Sunday Vanguard, yesterday, is that “once the Jonathan administration has openly admitted that it can not be trusted to effectively manage the funds that would accrue from the proceeds of the subsidy removal, the economy and government should be handed over to the eminent Nigerians”.

NLC acting General Secretary, Owei Lakemfa, who spoke on the position of government to get a body of eminent Nigerians to manage the funds, said “the position of the NLC is that government is not serious.

“If government is telling Nigerians that it cannot be trusted, that it can not effectively administer the funds when they are realized, then it had better hand over the reins of power to those eminent Nigerians.

“The NLC has not even said it is in agreement with such a proposal from government.  Government’s position on the eminent Nigerians is premised on the assumption that we have agreed that the subsidy should be removed.  I’m sorry, we have not agreed.

According to him, there are about 114 additives that can be derived from the local refining of crude oil.

“What government is doing is not different from a farmer who is supposed to have the capacity to utilize his farm produce for production of a variety of foodstuffs but willfully sells all his farm produce and then goes to a five-star hotel to pay a five-star price for food and turns around to say the difference is subsidy.

“The first problem of this administration like the ones before it is that it sells 100% of our crude oil leaving nothing for local consumption and then it goes abroad to buy petroleum products at exorbitant prices; it then adds the cost of insurance and freight, adds the cost of discharging the products into smaller vessels as well as the cost of distributing the products to marketers and it calls that subsidy, when in fact if we refine crude oil in Nigeria, we stand to benefit much more because of the derivatives we would get”.

Continuing, Lakemfa declared that Labour’s position is that for so long as some of the conditions in the agreement reached between the Federal Government and Labour are not met, then there should be no subsidy removal.

“Government is talking about deregulation which is import-based; a deregulation that is anchored on finished petroleum products rather than one that encourages local refining.

“In any case, this issue of eminent Nigerians is not new and it is just a throw-back to military mentality.  During the days of Ibrahim Babangida, the Directorate of Foods, Roads and Rural Infrastructure, DFRRI, was established to manage the funds; during Sani Abacha’s era, it was the Petroleum Trust Fund, PTF – these bodies were decreed into existence.
“What President Jonathan plans to do is create that body which is not known to Nigeria’s constitution and saddle it with the responsibility of administering funds meant for the consolidated accounts.

“NLC is not falling for that!
“Our fear is that all the conditions that led to the crises in the Arab world are present here in Nigeria, so anything can happen”.

Earlier, yesterday, speaking on the statement by Allison-Madueke, Petroleum Resources Minister, that the government was yet to take a decision on the subsidy removal, President of the NLC, Comrade Abdulwaheed Omar, in a statement, advised Nigerians not to be hoodwinked by the government antics. Omar said the government antics and statements were calculated to mislead the international community and to lure Nigerians away from the on-going mobilization against “the anti-people policy”.

According to him, “The  truth is that President Goodluck Jonathan in his letter to the National Assembly on the Medium Term  Expenditure Framework of his  administration stated categorically that the government has decided to remove fuel subsidy and that the take off date is January 2012.  Also the president on his way to the Commonwealth Summit in Perth, Australia, to which the Petroleum Minister accompanied him, had told the country that fuel subsidy must be removed as the alternative is the collapse of the economy.

So Mrs. Allison-Madueke is not forthright on this matter and the NLC urges Nigerians not to relent in their patriotic mobilization to resist this policy that will further impoverish the citizenry.”(vanguard)



  1. Muhmmad Al-Ameen Muhammad

    October 30, 2011 at 5:30 AM

    Assalam Alaikum 1.Please nigerian stake holders don’t mislead us like an animals we knows every thing here in this country. 2.President Jonathan and petrolium minister don’t ever attempt to implement this your useless decision on fuel subsidy removal then if you do so. any can happen on desk that you made this your bad decision. 3.Lastly,i advice all the former head of states to intervein if not revolution take off.

  2. atinuke

    October 30, 2011 at 5:22 PM

    Goodluck jonathan and his ministers are crazy. Woh happens to da masses? Its so sad .t’he rich getting richer and da poor getting real poorer. Nigerian leaders, God is watching U. Da blood of da masses will be upon ur heads..

  3. Uche

    October 31, 2011 at 8:33 AM

    I am stunned at the insensitivity and insincerity of this administration. I hope Goodluck has just realized what level of Daftisim and Folly he fallen to in stating his intention to form a mock cartel which will bleed Nigerians dry. Let them be warned, we will not stand for it. These people don’t even have Nigeria at heart.

  4. Authority

    October 31, 2011 at 11:30 AM

    Those Nigerian’s dat was celebrating dat Gaddafi is dead, now tell me he Gaddafi is worst than our former & present presidents. Mr president read de hand writting on de wall before it’s too late!!!

  5. Peter paul

    October 31, 2011 at 12:21 PM

    Gudluck u ar a failure already

  6. Hamzatkamoru

    October 31, 2011 at 2:21 PM

    It is very unfortunate that jonathan can allow the useless woman from world bank okonji lweanla to mislead. When the problem stated this people will send their family out of the country. I know one day revolution will come to nigeria. If care is not taken what happened in lybia we happen. I pray that jonathan will listen to the voice of nigeria. God bless Nigeria

  7. Tosin Emma Ade

    October 31, 2011 at 6:29 PM

    Our av 4gotten all his promises,was it hard lyk dis when he had no shoes?he shd answer d question,has he 4gotten all his promises 2 d common nigerian?Remind him!may be he has 4gotten.Or else he shd be expectin d kind of uprisin dt wil put an end 2 all dier madness,Jonathan! Nigerians are ready 4 u.eye4eye,blood4blood.

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