• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, May 15, 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

Nigeria First policy, unique, revolutionary – TMSG

Group seeks action against the menace of fake news, deliberate falsehood

Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

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

IMPI releases new policy statement in defence of the Nigerian economy
Economy/Technology

Nigeria First policy, unique, revolutionary – TMSG

May 15, 2025
Economy/Technology

Group seeks action against the menace of fake news, deliberate falsehood

May 14, 2025
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

May 13, 2025
Rescued victims of human from Cote D Ivoire arrive Nigeria
Foreign

Rescued victims of human from Cote D Ivoire arrive Nigeria

May 11, 2025
Northern governors, traditional rulers call for accelerated action against Insecurity
News

Northern governors, traditional rulers call for accelerated action against Insecurity

May 11, 2025
Smile finally visits nurses, now on enhanced salary entry point
Economy/Technology

As enrollment of nurses peaks at 115,000, Nigeria ready to outsource medical personnel to the world – TMV

May 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

Nigeria’s Autochek acquires majority stake in Egypt’s AutoTager company

Nigeria’s Autochek acquires majority stake in Egypt’s AutoTager company

April 18, 2023
Go and vote, Buhari tells Nigerians

Buhari meets governors on terror, attacks

June 17, 2019
Trading in Nigerian stock market dips further N83bn

Stock market records another loss as all-Share index down 1.30%

February 21, 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

  • Nigeria First policy, unique, revolutionary – TMSG
  • Group seeks action against the menace of fake news, deliberate falsehood
  • Nigeria’s upgrade of health centres, a major milestone in Renewed Hope Agenda

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