States insist on petrol subsidy removal
State Finance Commissioners who are members of the Federal Account Allocation Committee (FAAC) have called for total removal of petroleum products subsidy.
They made the call under the aegis of Commissioners Forum at the end of monthly FAAC meeting in Abuja on Tuesday night.
Chairman of the forum Mr. Timothy Odaa who is the finance commissioner of Ebonyi state told newsmen that “we have recommended the total removal of fuel subsidy because the subsidy is a solution worse than the problem it intends to solve.”
He also accused the organised labour of being on the payroll of major oil marketers which was it keep resisting subsidy removal by government.
The FAAC in its March meeting constituted a committee to investigate and advise it on the continuous suitability or otherwise of the fuel subsidy regime.
Reacting to the likely resistance to their position by the Organized Labour, Odaa said: “what will they say? They are on the payroll of the oil marketers.”
“Member of the labour Unions should call and truly investigate their leaders. They know what is happening and the era has passed when they can be made or coerced into this unworkable system,” he added.
Odaa further said the committee is of the position that “it is better that states are allowed to access their funds and then grant subsidies in accordance with their capacities rather the current situation where it is spirit that are making use of the subsidy”
Meanwhile, efforts to get reactions from oil marketers on the commissioners’ accusations were unsuccessful yesterday.
Executive Secretary of the Major Oil Marketers Association of Nigeria (MOMAN), Mr Obafemi Lawore could not be reached on phone at press time as his line was unavailable.