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Monday, 25 February 2013

The Evil Of The Removal Of Oil Subsidy

THE REMOVAL OF OIL SUBSIDY-MATTERS ARISING
The issue of removal of oil bonus that both the federal and state apparatchik has made their present pass-time is demoralizing and lugubrious. It once more brings to the fore the fact that the present regimen has not come to grasp with the peculiar nature of the Nigerian state and situation. The Nigerian elites have continue to deem it competent to pursue anti-people policies under the pretence of saving or upbringing funds for much needed social and economy development which never materializes. The country cant develop at the expense of the people, any development that is not people orient is an exercise in futility and I dont dismantle belief the government is thinking of the people presently. The increase in the pump price of petroleum product under the guise of removal of subsidy from petroleum products would have the usual spiraling effect and translate into higher transport f ares and subsequently the prices of whole products would skyrocket and the helpless masses would bear the brunt, become more pauperized, the already high level of crime would further surge, the already poor standard of living of ordinary Nigerians would further pry dive. It is obvious that there is nothing good at solely about the proposed removal of subsidy from petroleum products.

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Firstly, it is difficult if not impossible to control an idea which would worsen ones situation .The federal government has in the past saved huge sums of money which never translated into break infrastructural facilities and better social situation for the people. The money saved by the Obasanjo regime was used to pay off our foreign debts, the question here is that out of the many problems of the country begin for solutions at that point in time was it paying off every of our foreign debts that topped the list .We are already at it again accumulating debts both foreign and local and the Debt Management single-valued function is saying that we have...If you want to get a full essay, guild it on our website: Ordercustompaper.com



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