“The price of petrol per litre, for which a proposal of ₦103 has been sent to the Nigerian president by the regulators in the petroleum industry to be announced by the Federal Government in December, is aimed at totally deregulating the downstream sector of the oil industry” By Festus Owete
“The atmosphere, as it were, shows that huge sums of money were expended by government to subsidise fuel which was imported by selected oil licensing companies in Nigeria, and 70 per cent of such imported products were exported to other African countries to make profit” ……“It would be absurdity for government to continue to subsidise fuel for a few oil dealers to enrich themselves, so the earlier the market is thrown open for competition, the safer for the Nigerian people, though government is anticipating a drop in the price of pump price soon after the sector is fully deregulated,…” By Iwuanyanwu, Imo State
http://234next.com/csp/cms/sites/Next/News/5472554-147/story.csp
“In a recession you do not have the luxury of striving to profit by raising prices for goods and services. The only thing that will achieve is to alienate customers and employees, kill any goodwill and bring business to a standstill.” By Debbie Ogunjobi
http://www.vanguardngr.com/2009/11/01/night-and-day-surviving-an-economic-meltdown/
>>>>>>>A broad look at the entire issue in Guardian newspaper!!!
D-E-R-E-G-U-L-A-T-I-O-N: Distilling Facts From Fiction
By Alabi Williams (Assistant Political Editor)
>>>>>>Let us do what is necessary to build a great nation by reducing poverty in Nigeria, standing at over 70% of the population (Population below PPP $1 per day) ………>> http://www.mdgmonitor.org/factsheets_00.cfm?c=NGA&cd=566#
STOP DEREGULATION AND START RESPONSIBLE GOVERNANCE
IT IS SAD THAT POLITICAL PARTIES HAVE TAKEN POSITION. NO TANGIBLE OPPOSITION AMONG POLITICIANS. BUT THIS IS AN ISSUE THAT WILL SEND THEM SCAMPERING. NO POLITICIAN SURVIVES THE DISPLEASURE OF THE PEOPLE WHO HAVE CHOSEN THEIR DESTINY.
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