|Register On Nairaland / LOGIN! / Trending / Recent / New|
Stats: 3,084,583 members, 7,598,682 topics. Date: Monday, 02 October 2023 at 11:37 PM
Subsidy Removal: Public Institutions To The Rescue As Parents Dump Private Schoo / Subsidy Removal: University Of Ibadan Reduces Staff Workdays To Three / UNILAG Crisis: Ogundipe Leads ASUU Protest As Senate Rejects His Removal-Video (2) (3) (4)
|MOMAN, DAPPMAN Back Govt On Fuel Subsidy Removal by PureFace1(m): 8:40am On Jun 01|
The Major Oil Marketers Association of Nigeria and the Depot and Petroleum Marketers Association of Nigeria endorsed the pronouncement of President Bola Ahmed Tinubu on the discontinuation of the petrol subsidy regime.
The oil marketers gave their support in a joint statement issued on Tuesday, in Lagos.
They said, “We appreciate the clarity of policy from the Tinubu administration, a direction that signals a courageous and pragmatic shift in our nation’s economic trajectory.”
“In light of the assurances given by the Nigerian National Petroleum Company Limited and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, we wish to reiterate that there is no cause for alarm.
“We strongly urge Nigerians to avoid panic buying or stockpiling of petrol. This behaviour not only creates artificial scarcity but also poses a significant safety hazard.”
According to two bodies, the NNPCL has assured Nigerians of an adequate fuel supply.
“The NMDPRA is working closely with stakeholders to ensure a seamless transition. They are ensuring distribution channels remain uninterrupted, thereby making fuel readily available at all filling stations across the country,” the marketers added.
They noted that the decision to phase out the fuel subsidy regime was not merely a fiscal reform but a significant stride toward social justice.
Mellow Melodies _ Music For Studying / Letting Loose Creative Possibilities: Diploma And Advanced Diploma Courses In 3D / Want To Start A Tutoring Business Or Brand In Aba But Don't Have The Resources ?
|Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health |
religion celebs tv-movies music-radio literature webmasters programming techmarket
Nairaland - Copyright © 2005 - 2023 Oluwaseun Osewa. All rights reserved. See How To Advertise. 19