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Showing posts from May, 2023

CAN THE SUBSIDIES REMOVAL BE A GOOD START FOR PBAT PRESIDENCY?

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The first argument in PBAT's presidency is the total removal of Petroleum Subsidies. Already heated debates have started on whether the New President should just announce that in his inaugural speech, meanwhile knowing fully how wicked Nigerians are.  One day into the Presidency, petroleum Marketers started hoarding the products thereby willingly shutting down their filling Stations to have a chance of price hiking.  Fuel scarcity is not a new thing in Nigeria, for decades, Nigerians are acquainted with the hardship of fuel scarcity due to excessive and massive corruption in the Petroleum industry. For years, the only three refineries owned by the government are not functioning properly, which resulted in another corrupt business of importing PMS, AGO and other petroleum products to cushion the lives of the citizens. But the negativity of such activity plunges the Country that happens to be rich in crude oil into uncertainty in the petroleum supply to c...