Monday 2 November 2015

Ndoma-Egba wants FG to stop fuel subsidy

Former Senate Leader, Victor Ndoma-Egba, has advised the Federal Government to stop fuel subsidy if  the government is interested in recording success in the anti-corruption campaign.

He said, “For me, I think the issue of subsidy has provided the biggest independent infrastructure for corruption in this country. And if you must address the corruption, you must start by addressing the biggest single infrastructure of corruption, which is subsidy. It has never been kept at the level for which it was budgeted. It has always been in excess and the entire subsidy regime, remains very opaque.
“So for me I think it is a huge opportunity for corruption and if we must fight corruption from the fundamental, then we must go to the issue of subsidy. They say it would affect the common man if you remove it, but I don’t know how many common people use vehicles. Now if you say it would affect the price of goods, the goods that we transported by lorries, which use diesel. So I think it is an issue that must be frontally interrogated and dealt with once and for all. But as a person I don’t believe in subsidy.”

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