Remove subsidy on petroleum products, marketers tell FG

on   /   in News 11:45 am   /   Comments

An Ilorin-based petroleum products marketer, Alhaji Abdulkareem Sanni, on Sunday urged the Federal Government to totally remove subsidy on all petroleum products.

Sanni said subsidy had become a source through which some individuals “milk the nation dry’’.

He also alleged that corruption in the oil sector had become worrisome and needed drastic measures to tackle.

The marketer urged government to critically check activities in the oil industry, claiming that the action of some players in the sector was a negation of government’s reform programmes.

“If they want to remove subsidy on oil, let them remove it totally so that we will know actually where we are going.

“This is because there are lots of damages incurred in subsidy, more than the benefits we are deriving from it. By the time it is removed, we will know who is who,’’ he said.

Sanni claimed that a lot of money which was earlier not budgetted for had been spent on kerosene, thus leading to a probe by the National Assembly.

“Only one truck of kerosene was often brought for six or more filling stations in Ilorin to share for sale, as  against between 30 or 40 trucks of the product usually said to have been sent to dealers in the town.

“This is bad, and it shows that a lot of things are wrong in the whole set-up,’’ he said.(NAN)

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