No immediate Plan to remove Fuel Subsidy says President Goodluck

THE Federal Government has no immediate plan to remove petroleum subsidy contrary to the perception of Nigerians arising from President Goodluck Jonathan recent remarks on the matter.

Giving this new position was the Senior Special Assistant to the President on Public Affairs, Dr. Doyin Okupe, who assured in a statement in Abuja on Thursday that the president was mindful of the feelings of Nigerians concerning the withdrawal of subsidy.

The presidential aide noted that despite Jonathan’s recent remark concerning subsidy, “the administration, as a matter of policy, had no plans in that direction.”

Okupe said that the President was mindful of the reactions and plight of the Nigerian people as he maintained that sufficient allocation for fuel subsid has already been made in the 2013 budget and “therefore there is no cause for alarm on removal of fuel subsidy.”

Recalling the president’s remark made at the Economic Summit in Lagos, which generated fresh fears on possible subsidy withdrawal, Okupe described it  a “a frank, intellectual and well-articulated contribution by the President to the discussion on the Nigerian Economy at the said Summit, and it was from a honest and sincere leadership perspective.”

More: http://tribune.com.ng/news2013/index.php/en/component/k2/item/8430-no-plan-to-remove-oil-subsidy-presidency