AFTERMATH OF PARTIAL REMOVAL OF FUEL SUBSIDY

Today should have marked the total removal of subsidy on Premium Motor Spirit(PMS) but the Federal Government decided to put the cart before the horse. On the first day of the year(2012),the F.G in its wisdom decided to inflict unnecessary pains on its citizens by implementing the total removal of subsidy on PMS but later reversed the decision due to pressure from civil organisations,Nigerians in general and the national strike embarked upon by the labour unions. It should still be fresh in our minds that the presidency unilatterally decided to increase the price of fuel from the previous #65 per litre which i found to be frivolous and unacceptable in an oil producing nation to #141per litre in the name of removing subsidy citing that some 'CABALS' have hijacked the funds being used to subsidize PMS.January 10 2011,President Goodluck Jonathan also announced that the F.G has decided to reduce the price of PMS from #141 to #97per litre,a decision the labour unions claimed it was unilatterally reached by the presidency. Three months into this national issue,Nigerians are still where they were since the price of PMS was inncreased,their living condition haven't improved,the questions that were raised during the strike and protest in January are still there unattended to,fuel subsidy still exist cum making the cabals richer. Palliatives that were promised are still being expected,refineries and capital projects are still where they was in january,probe panel that was inaugurated on the floor of the national assembly is still postponing the submission of its report. The question that has being on my mind since the strike was controversially suspended is that does subsidy really exist?.Did the FG actually removed subsidy or it only increased the price of PMS?. When will project SEEDS and SURE become a reality or will it end up being like other projects e.g.MDG and VISION 2010 cum VISION 202020?. OPEOLUWA from UNAAB.