• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, July 18, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

PANDEF backs fuel subsidy removal

Subsidy

The Matters Press by The Matters Press
June 2, 2023
Reading Time: 2 mins read
0
Nigeria has not taken decision yet on fuel subsidy

Pan-Niger Delta Forum (PANDEF) has expressed support for fuel subsidy removal, even as it called for immediate palliatives to cushion the effects of the removal on Nigerians.

RELATED POSTS

Befitting honour for former President Buhari commendable – TMSG

17-member committee for burial of Buhari

Lagos falls flat to APC

National Publicity Secretary of PANDEF, Mr Ken Robinson, said this on Thursday at a virtual news conference.

Robinson urged President Bola Tinubu not to be swayed by sentiments being expressed in some quarters but to immediately roll out the palliatives to cushion the hardship which the removal might have on the people.

He said that there was no need for phased subsidy removal, saying that the subsidy regime itself was marred with fraud.

“Fuel subsidy is a serious issue. It has been abused and there is an expression that extreme disease requires extreme cure.

“Fuel subsidy is Nigeria’s economic disease that needs to be eradicated.

“We at PANDEF support the fuel subsidy removal. We advise the Federal Government not to shift ground or postpone its implementation.

“It will just be an evil day postponed because subsidy is a draining pipe of the nation’s resources.

“We understand that the president’s statement during his inauguration that subsidy was gone was not timely, as it should have been announced at a later time after engaging the stakeholders.

“However, we urge the president to stand strong and maintain his position, but create situations that will cushion the effects of the subsidy removal.

“We know there are known things that will follow the removal. For instance, transport cost has risen, food prices will rise and government must immediately bring some initiatives to cushion the hardship,” he said.

Robinson, however, said that the palliatives should be different from those that used to be selective.

“Government should engage stakeholders to put in place palliatives, not the usual palliative that used to be grossly selective in distribution.

“Government should look into sectional interventions; transportation is key and it will affect the prices of food. So government needs to meet with the leadership of road transport workers to stabilise transportation cost.

“Mass transit buses have to come in to convey workers to and fro their places of work. The initiatives that will complement agriculture should also be looked into,” he said.

According to him, subsidy removal is for the benefit of Nigeria and Nigerians.

He, however, advised government to reactivate the non-functional ports across the country, especially in the southern part, to further stabilise pump prices of petroleum products.

Tags: Subsidy
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Befitting honour for former President Buhari commendable – TMSG
Economy/Technology

Befitting honour for former President Buhari commendable – TMSG

July 17, 2025
Buhari attends inauguration of Barrow of Gambia
Entertainment/sports

17-member committee for burial of Buhari

July 14, 2025
Lagos falls flat to APC
Economy/Technology

Lagos falls flat to APC

July 13, 2025
African intellectuals release letter to world, caution continent on selfness
Economy/Technology

Nigeria celebrates Soyinka at 91

July 13, 2025
China introduces new visa
Economy/Technology

Nigeria maintains issuance of 5-year visa to Americans

July 13, 2025
ADC, AN ASSEMBLAGE OF STRANGE BED FELLOWS, TIRED POLITICIANS– GROUP
Energy

ADC, AN ASSEMBLAGE OF STRANGE BED FELLOWS, TIRED POLITICIANS– GROUP

July 10, 2025
Next Post
FIRS deploys tech platform for tax collection

ECA calls for inclusive tax system to secure SDGs

Blackout hits Nigeria as grid collapses again

Tanzania to end frequent power blackouts in two years

Recommended Stories

FIRS generates N4.2tn in 10 months

FIRS begins on-the-spot online tax collection from online betting

October 26, 2022
Nigeria disburses N56bn to MSMEs

FEC approves renewal of national policy on MSMEs

February 8, 2022
Nigerian firms to handle $4b gas project

Port Harcourt refinery to resume production end of March

March 15, 2024

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Befitting honour for former President Buhari commendable – TMSG
  • 17-member committee for burial of Buhari
  • Lagos falls flat to APC

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us