Probe Fuel Subsidy, $40b Spent On Power Sector, Labour urges Buhari | Independent Newspapers Limited
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Probe Fuel Subsidy, $40b Spent On Power Sector, Labour urges Buhari

Posted: May 20, 2015 at 12:44 am   /   by   /   comments (0)

By Innocent Oweh –  Abuja


Leadership of the Nigeria Labour Congress (NLC) wants the in-coming administration under Muhammadu Buhari to musters the needed political will to probe the fuel subsidy regime of President Goodluck Jonathan.

The Apex workers union also attributed the current scarcity of Premium Motor Spirit(PMS), called fuel, especially in the Federal Capital Territory and some other states in the federation to  the inherent corruption in the petroleum industry which has also been instigated by “cabals” in the sector.

NLC President, Ayuba Wabba said this on Tuesday in Abuja, on the sidelines of the interactive session for delegates billed to attend the International Labour Organisation(ILO) conference holding in Geneva, Switzerland.

He said: “We believe that the ongoing fuel scarcity in the country was deliberate, and the only lasting solution to the debacle is for the incoming administration to dislodge the cabal in the sector most of whom have held the nation by the jugular for a very long time. Sometimes,I wonder why these set of people would rather prefer exporting our crude oil and import same back than local refining”.

“Beyond the fuel issue, Wabba said it was necessary for Buhari to also probe alleged $40billion so far spent on the power sector”, he added.

He described as unfortunate the huge resources deployed in the power sector in the last few years, noting that the country had continued to grope in the dark, with power generation declined as low as 2,600MW.

His words: “At every time there is a change of guard , those cabal would always come together to make lives unbearable for the larger society. It is deliberate. We want government to address the inherent corruption in the system. Why is it happening at this time? While is it that we have not experienced this in the last four years?