Cheapest Petrol
Presidential Spokesman....Reuben Abati
Amidst the protests, the Presidency on Monday insisted that the cost of petrol in the country remained the cheapest in spite of the astronomical hike in its pump price.
Presidential spokesman, Reuben Abati, in an interview with journalists in Abuja on Monday, accused opponents of the removal as either mischievous or playing politics with the development.
Abati said that Ghana also removed the subsidy on fuel last week without controversy. Asked if government considered the effect that the hike in fuel price would have on Nigerians who had travelled to their home states for the Yuletide, Abati said that leadership was not about populism.
He said, “This particular announcement had been foretold. Government had prepared the peoples’ mind that in 2012 there will be no subsidy on PMS. The thing has been discussed on the radio, in the market and has been a topic in the public place.
“Government did not say it will put the safety nets before removing the subsidy. What government said is that the N1.4 trillion that will be rescued from the budget will reduce borrowing, create revenue and that the money, when rescued will be used in the areas stated in the documents.”
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