Press statement from the presidency
President Buhari Tuesday in Abuja blamed past administrations for the current situation in which Nigeria is forced to spend billions of Naira annually on alleged subsidies for petroleum products.
Speaking at a meeting with the Chairman and members of the Revenue Mobilisation, Allocation and Fiscal Commission, President Buhari expressed the view that the escalation of petroleum subsidy payments over recent years was due to the deliberate neglect of the nation's refineries, oil pipelines and other related infrastructure to allow the importation of petroleum products and corruption to thrive.
The President, who restated his huge disappointment with the way Nigeria's oil industry has been run since he left office as Petroleum Minister and Military Head of State, said that he was convinced that if the development of the country's domestic refining capacity and petroleum products distribution network had kept pace with national demand, there would not have been any need for the huge subsidies currently being paid to importers.
"They allowed the infrastructure to collapse so that their cronies can steal by bringing in refined products from overseas," President Buhari said.
The President urged the chairman and members
of the RMAFC, who availed him of their view on the vexed issued of
petroleum subsidy payments, to go "back to the drawing board" and come
up with more humane proposals to rescue ordinary Nigerians from the
"wicked manipulation" of the country's oil industry by corrupt
operators.
President Buhari also warned
that severe sanctions will be visited on any individual or organisation
that violates the directive on the payment of all national revenue into
the Federation Account.
The President said
that the Nigerian National Petroleum Corporation, the Nigerian Ports
Authority and other MDAs which previously relied on the laws
establishing them to retain all or part of revenues collected by them,
did so illegally and must now comply with the Nigerian Constitution by
paying all revenues to the Federation Account.
President
Buhari, who also chided the RMAFC for approving excessive remunerations
for some political office holders, urged the commission to seek a
proper interpretation of its powers and address the public outcry
against the unreasonably high payments.
Garba Shehu
SSA to the President
(Media & Publicity)
August 25, 2015
37 comments:
Oooooooh my....!
Dem palaver
Fix power, fix petroleum, fix education, fix corruption and become the president Nigeria will not forget.
Well now is de time to make amends
I'm out ***CATCH ME IF U CAN***
Well said Mr President
Great, PMB has directed them to review the salaries of public. Office holders including those senators and Reps
So this fulani man is still blaming.
#sad indeed
So this fulani man is still blaming.
#sad indeed
Hunger dey ooooooooo! I wan faint o
Well Said Baba!
There is the need to put things in order. What Nigeria needs is a system that works.
Sir, just be doing what you can. Don't talk/blame too much. Just be struggling.
Sir, just be doing what you can. Don't talk/blame too much. Just be struggling.
Man wey sabi. U have our support (the masses), please do the needful sir.
#TeamBlessed#
PARENTAL ADVISORY
***adult content***
Ask ur mother if she's still not blaming ur father for leaving her....
Proper way of governance...carrying everyone along. Making effort to implant his vision to the brain & mind of all players. We are definitely making progress.
Sai Buhari!!!
Nawa o
The only thing president buhari during his tenure is blaming people.
Nigeria must survive. Whether the Devil likes it or not. Linda take note!
Nigeria must survive. Whether the Devil likes it or not. Linda take note!
The only thing president buhari has archived since he became president is blaming people.
Idiot work and stop the blame game.
Incompetent fool always looking for whom to blame. Baba go slow.
He should continue blaming. Onye ara kporo onwe ya president. Mtcheew
Now we have heard... Let's start working now
PMB unfortunately sees himself as the only upright person in Naija. Nigeria needs strong institutions not strong men.
He will fail woefully if he doesn't make laws that cements his reforms.
Gbam
Ur father is d idiot...who didnt teach you what situation analysis is!!!
Even Obama still blames d Bush admin for unnecessary wars and spending!
Did he lie?
Fucktard!!
Nigeria finally got a worthy Captain to set sail with the accurate co-ordinates!! Long live Nigeria! God bless President Buhari, the real MVP! Yes boss!
10/10
Dis country hope it worked wel
Unfortunately the only people that curse the president on every blog are the same screaming marginalisation. My advice,if two or more tribes are complaining about you, don't you think it's high time you changed your ways, mind, orientation and conscience. It won't get you guys anywhere. Hmmmm you know yourselves.
What a shame. It's a big shame that this mallam buhari keeps blaming people after 3 months in office. Why is he not inventing solutions to the many problems? These were the same people who set up massive campaign against the removal of subsidy during Jonathan's tenure......occupy Lagos etc. If buhari thinks he can't handle that position let him hand over to osinbade.. ..one chance president without school certificate or basic economic knowledge! Let him continue the blame game...as we speak the economy is on standstill as well as other sectors because saint buhari is waiting for angels to come and apply for ministerial jobs in naija
Dear Mr. President, I love you i pray that the almight God will see you through this process of reconstruction of Nigeria and her economy. This is infact a process making a new Nigeria. Thanks and God bless you.
Mr President, Please go ahead . May God be with u.
I jus wish our leaders can tink this way
#receive sense
#receive sense
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