
President Buhari plans to totally remove fuel
subsidy and use the proceeds for the provision of
free and compulsory primary/secondary education
across the country. The administration is also said
to be working on unbundling the Nigerian National
Petroleum Corporation, NNPC, to make it more
efficient in the production and delivery of products
to Nigerians.
These proposals form part of the strong
recommendations made by the transition
committee raised by Buhari to work out a blueprint
for his administration.
Asked if the proposal for total subsidy removal had
been discussed with labour, it was disclose that
members of organized labour in the country were
consulted by the committee and they made
presentations on what should be done over the
matter.
Source said:
“ Labour is part of the decision; they have
accepted the proposal of fuel subsidy removal. “A
committee is likely to be set up by the federal
government to work out the modalities of what is
to be done in that respect. “But the truth is that
total removal of fuel subsidy has been
recommended with adequate provisions for
palliatives on free education and social welfare for
the unemployed”, a member of the transition
committee said.
The source pointed out that unlike in the past, the
Buhari administration is considering the provision
of free meals for students to serve as incentives for
them to enroll in school.
Source: Vanguard
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