Atiku is right, subsidy removal needs revisiting – 2
By Dele Sobowale Some called it lunacy; others were more polite in their condemnation of the idea of government reversing itself. Few did the rational thing when confronted with a proposal on a vital public interest. Most of Atiku’s traducers were political opponents; who were afraid that the idea might just be popular and could […]
Poverty time bomb: Time and bomb are here right now – 2
“Despite her potential for prosperity, Nigeria has been listed as one of the five countries where half of the world’s malnourished live.”
POVERTY TIME BOMB: Time and Bomb are here now -1
Once upon a time, the rising tide of people living in poverty was called a “time bomb”. Not anymore, both time and bombs are here with us. Read on.
End of sure – 3
Allocations for SURE in the 2012 budget has again been slashed to less than N450 billion. Increasingly, it looks as if the clarifications made by Dr Reuben Abati, last week, might be unnecessary after all. With only N450 billion in the kitty to be distributed among the three tiers of government, it would appear that the Christopher Kolade Committee, a high-powered group, will have only about N240 billion to work with.
End of sure-1: Matters arising – 2
“At no time did President Goodluck Jonathan said that the Federal Government had abandoned the SURE programme. What he said in his opening remarks at the meeting last week was that the full implementation of government’s palliatives …was no longer feasible”.
END OF SURE – 1: Matters arising
As I came in, I saw the SURE book being distributed; we are withdrawing it. This is the old one. We developed this with the expectation that we are going to completely deregulate the downstream sector of the oil industry, the 100 per cent removal of the subsidy….. I don’t want this thing to be distributed; it will give a wrong impression”.
