“There was never a time the president said the withdrawal of oil subsidy would be in April as published in some media. I did not say so either. The April date was the handiwork of some mischief makers,” said Co-ordinating Minister for the Nigerian Economy, Dr. Ngozi Okonjo Iweala recently on Radio Nigeria.
In addition, on the April date, she said:
“It was never to my knowledge that the president gave such a date (April 2012). There is no particular time one could say was best suited for the withdrawal. It is the prerogative of the president. The important thing is that we cannot carry on the way we did in the past. It would be plunging our future into crisis.”
The fuel subsidy removal will add about 370,000 jobs in the economy she added. The removal will also help free more cfunds for infrastructural development as well as healthcare.
On the issue of mistrust, Dr. Iweala said:
I understand the pains Nigerians are going through. I personally do and so do other colleagues of mine. We plead for patience. The impact of this will begin to show
soon. We intend to start publishing the amount we are saving from this withdrawal of oil subsidy monthly and also where we are directing them. Nigerians will be participants in this process.
What do you think about Dr. Ngozi Okonjo Iweala’s recent comments on fuel subsidy removal?