A former General Manager of Corporate Planning and Business Development, Nigerian National Petroleum Corporation, NNPC, Babajide Soyode, has charged the President Muhammadu Buhari Federal Government to go ahead and end the era of petrol subsidy today, adding that, the heavens will not fall, .
Soyode gave the charge on Tuesday, in an interview on ARISE Television.
His exact words: “We spend subsidies to maintain the elite of this country; that is all we are doing. Even the elites no longer get it, but some people are taking it to squander in Dubai. I am saying, remove subsidy today, heavens will not come down.
“All these things they are talking about are not true; diesel in Ghana is N549; do they have subsidies for diesel? Why are they paying N549 and we are paying N786? We are importing the product from the same market. I am not blaming IPMAN or NNPC, if the government has screwed up the market by maintaining subsidies. You can quote me; the fuel scarcity situation will continue after December.”