The National Chairman of the All Progressive Congress, John Odigie-Oyegun, says the administration of Muhammadu Buhari ‘infected system of subsidy run by corrupt cartels,’
Odigie-Oyegun said on Tuesday, that the removal of fuel subsidy is inevitable, while adding that in view of current realities, a gradual removal of subsidy is advisable.
The chairman of the ruling party made the comments when a delegation of the APC National Coalition for Peace and Mobilization paid him a courtesy visit at the party’s national secretariat in Abuja.
“In one way or the other, subsidy must go”, the APC national chairman stated at the meeting.
He said it is not acceptable and unsustainable for the government to spend almost a trillion naira yearly on a dubious subsidy regime.
The APC chairman said oil cartels, who are against change in the system, are blackmailing the federal government on the issue of subsidy, while adding that the development that has led to a persistent nationwide fuel scarcity, which he described as a ‘national disgrace’.
Odigie-Oyegun said the country’s oil and gas sector is soiled with corruption and inefficiencies, hence the need to restructure the system.
