Subsidy removal

Nigerias self-opinionated elite are perfecting plans to unleash their own version of terror on the poor majority through the removal of oil subsidy. If government is constrained to import refined petrol, who vets the cost elements that constitute the subsidy. Must everything be left in the hands of contractors' The entire sham amounts to robbing Peter to pay Paul. Concerning government promises to cushion the effects of the removal, who does not know that when prices go up in Nigeria, they dont come down' When the cost of production goes up, companies rationalise and lay off staff, swelling the ranks of the unemployed, thereby widening further the gap between the rich and the poor as well as reducing the purchasing power of the poor. The government is busy cooking delicacies for itself and concocting poison for the masses in the 2012 budget.John Jimoh, 9, Osunlaja Street, Molipa Estate, Ijebu-Ode, Ogun State, +23480558579
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