By Paul
Mallam Nasir El-Rufai, the governor of Kaduna State, has demanded that the petrol subsidy be removed immediately.
He made the announcement yesterday during the “State-of-the-State” session of the ongoing NESG in Abuja.
When asked what the government’s priority should be during the session, the governor, who was on the panel, answered, “remove fuel subsidy immediately.”
El-Rufai stated that during the National Economic Council, the governors of the 36 states and federal government officials decided to end the subsidy on fuel in September 2021.
He expressed amazement that President Muhammadu Buhari had failed to follow the judgement, considering the enormous fiscal strain the subsidy had placed on government budgets and the corruption it had engendered.
According to him, the openness of the subsidy administration, which should have pushed the federal government to abandon the regime by now, is still in doubt.
The governor also stated that the National Economic Council, NEC, anticipated that if the subsidy was not removed, the Nigerian National Petroleum Company Limited, NNPCL, would claim that the nation’s entire monthly oil profits had been spent on subsidy.
