Fuel Subsidy Removal: Nigerians In Diaspora Hail Buhari, Kachikwu

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BUHARI-KACHIKWUThe Nigerians in Diaspora Monitoring Group, has commended President Muhammadu Buhari for deregulating the petroleum downstream sector.
The group described the president’s action as the beginning of economic rebirth for the country.
The NDMG further said Buhari, who doubles as the Minister of Petroleum and Ibe Kachikwu, the Minister of State for Petroleum, have earned a place in Nigeria’s history and deserving accolades for daring to do what it termed “the right thing”.
A statement issued yesterday by the United Kingdom Coordinator of the group in Abuja, Adeka Onyilo, said: “The inherited rot that left Nigerians suffering on fuel queues was becoming an international embarrassment until President Buhari took the bull by the horn.
“The cartel that acquire FOREX from government under the guise of importing petrol only embark on round tripping has been severed from the supply chain and should leave the government with some money to invest in other sectors that will touch the lives of citizens across board.
“We however urged that the judicious and prudent management of the resources of Nigeria vested in the custody of the present government because this is important to the nation’s prosperity”.
Onyilo, however, called on the president and the minister to ensure that Nigerians who now have to pay realistic prices for petrol are not short-changed by fraudulent marketers who tamper with their meter to under dispense the product.
“We further urge the Minister to enforce the price cap as reports indicate that some outlets still sell above the computed N145 per litre. Such development can only create the cover for those opposed to change to creep on the government and populace with another price hike or petrol scarcity citing the willingness of the people to pay more as excuse”, the group said in the statement.

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