Skip to main content

Pres. Buhari Says Corruption is Cause of Escalating Petrol Subsidies

 
A statement signed by the Senior Special Assistant to President Buhari on Media and Publicity, Mallam Garba Shehu, quotes the president as saying that corruption is the reason why Nigeria is forced to spend billions of Naira annually on alleged subsidies for petroleum products.
 
Here are excerpts from the statement, as reported by Vanguard:
 
 
“…The escalation of petroleum subsidy payments over recent years was due to the deliberate neglect of the nation’s refineries, oil pipelines and other related infrastructure to allow the importation of petroleum products and corruption to thrive. They allowed the infrastructure to collapse so that their cronies can steal by bringing in refined products from overseas…”
 
Buhari subsequently advised the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) to “go back to the drawing board” regarding the issue of petroleum subsidy payments.

Comments

Post a Comment

Popular posts from this blog

The booty on this guy though...I'm still squatting to get there 18+

Oh Lawd! Kent believe this , all the gym and sh*t to get this body goal and then a guy has this .... hahahaha...  Penis in front, big booty behind lol. This dude is so curvy, shii is scary. See more photos
Post a Comment
Read the rest of this entry »

Davido’s son- Ifeanyi Adeleke is dead.

Popular   Nigerian music star , Davido and his fiancée Chioma Rowland have just lost their child, Ifeanyi Adeleke.  Ifeanyi Adeleke died on Monday, October 31. According to information reaching the blogs , Ifeanyi Adeleke got drowned a few days after his   third birthday   which was on October 20. He was conformed dead this evening at Evercare hospital, Lagos.  This is extremely sad. 
Post a Comment
Read the rest of this entry »

Introducing Tizeti Enterprise Solutions- {wifi.com.ng}.

1. DEDICATED SCALABLE ON DEMAND UNLIMITED INTERNET Our enterprise solution delivers the best internet experience, you will be on dedicated wireless radios from our base station to your location, ensuring maximal bandwidth optimization. The plan is a true unlimited plan without data caps or throttling, you can stream and/or download as many terabytes as your storage can allow in the period of your active subscription.Bandwidth is tailored according to your budget and needs, we can provide from 1Mbps to  1gbps (gigabit internet) . Key Features and Benefits:
Post a Comment
Read the rest of this entry »