Wednesday, 14 October 2015

Adeboye

Subsidy Removal: APC governors back plans of Buhari government


Indications are rife that governors under the platform of the All Progressives Congress have decided to support the fuel subsidy removal proposed by the administration of President Muhammadu Buhari.

According to The Union, the governors made the decision at the Governors Forum meeting which was held at the Presidential Villa, Aso Rock, Abuja.

The meeting was attended by governors of the APC and their counterparts in the Peoples Democratic Party (PDP) and their discussions was mainly centered on the economy.

The governors at a meeting of the Governors Forum at the Presidential Villa in Abuja, attended by governors from both the APC and PDP, was centered mainly on the economy.

A source who preferred to remain anonymous disclosed that the APC governors position was that not removing the subsidy could worsen the country’s recession.

According to the source, Governor Adams Oshiomole of Edo state was the one who canvassed vigorously for the removal of the subsidy promising to get labour unions to back the plan.

Meanwhile, Nigeria’s vice president, Yemi Osinbajo, has explained the Buhari administration’s economic policy direction. The professor of Law who spoke with selected journalists, including a DGossip247.com reporter in Abuja recently, denied reports that the economy would go into recession haven slipped for two consecutive quarters this year.

In a related development, Osun state is currently witnessing massive fuel scarcity that has crippled business activities in the state for a while now.

Attendants at some petrol stations in Osogbo, the state capital blamed the situation on what they say is a mild protest by petroleum marketers, who are reportedly anticipating a downward review of fuel price.

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Adeboye

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I am a trained journalist, reporter, social media expert, and blogger in Nigeria

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