Subsidy Meeting To Happen In Abuja Today, Follow live updates here

Today, there shall be a meeting between the government RULERS and the labour representatives to find the best way forward for the nation, after the 6 days of strike and protest has allegedly cost the nation about N2tr (curruption again).

Here is how things currently stand, people have taken different position based on their political interest:


1. There are those who claim that there is no subsidy and some say there is subsidy.
2. Another group agrees with subsidy removal but says that the timing is wrong,
3. while some say fuel subsidy should never be removed because it is the only thing Nigerians enjoy from their country.

4. Yet, another view is that the economics of subsidy removal makes sense but the government should first fight corruption.
5. And the last position is that even though the main reapers of fuel subsidy, also known as the oil cabal or cartel, are financiers of President Goodluck Jonathan’s election, subsidy should be retained.

The different positions notwithstanding, all stakeholders seem to share a common view: there is an enormous fraud in the fuel subsidy business. The point of departure is on how to tackle this fraud to the benefit of the citizens, 70 per cent of whom live below the poverty line. and not end up increasing the hardship that is already prevalent in the country. 


The labour are not looking to agree to any deal less than the previous N65/Litre price. 

Presidency has to step up and face its responsibility to the people its ruling, fight the corruption and not the subsidy