President Buhari plans to
totally remove fuel subsidy and use the proceeds for the provision of free and
compulsory primary/secondary education across the country, Vanguard reports
The administration is also said
to be working on unbundling the Nigerian National Petroleum Corporation, NNPC,
to make it more efficient in the production and delivery of products to
Nigerians.
These proposals form part of
the strong recommendations made by the transition committee raised by Buhari to
work out a blueprint for his administration.
Asked if the proposal for total
subsidy removal had been discussed with labour, the source said that members of
organized labour in the country were consulted by the committee and they made
presentations on what should be done over the matter.
The source said:
“ Labour is part of the
decision; they have accepted the proposal of fuel subsidy removal. “A committee
is likely to be set up by the federal government to work out the modalities of
what is to be done in that respect. “But the truth is that total removal of
fuel subsidy has been recommended with adequate provisions for palliatives on
free education and social welfare for the unemployed”, a member of the
transition committee said.
The source pointed out that
unlike in the past, the Buhari administration is considering the provision of
free meals for students to serve as incentives for them to enroll in school
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