Reps Reject Move To Remove Subsidy | Independent Newspapers Limited
Newsletter subscribe


Reps Reject Move To Remove Subsidy

Posted: May 10, 2015 at 8:33 am   /   by   /   comments (0)

As the present administration gets set to hand over, one controversial issue that has continued to resonate is the thorny issue of fuel subsidy.

With fuel scarcity still biting hard across the country, a motion seeking the removal of fuel subsidy in the country was vehemently opposed by lawmakers at the House of Representatives.

The motion which was moved by Hon Sunday Karimi (PDP Kogi) from Kogi was dead on arrival as members roundly rejected it and said it would amount to undue burden on Nigerians.

Karimi based his position on the fact that Nigerians are currently buying fuel for between N100 to N150 urging the incoming administration to muster the necessary political will to end the fuel subsidy regime.

Backing the motion, Deputy House Leader, Hon. Leo Ogor said the regime has become a drain on the country’s economy.

He urged that government redirect fuel subsidy votes to other priority areas.

Opposing the motion, Hon. Osai Nicolas Osai (Delta/PDP) said the timing was wrong and belated as the outstanding subsidy payment causing the fuel scarcities had been dealt with on Monday at a meeting between the country’s finance minister and oil marketers.

When the motion was put to a voice vote by the presiding Deputy Speaker, Emeka Ihedioha, federal lawmakers rejected the motion.