After the announcement of the withdrawal of the petroleum subsidy by the Petroleum Products Pricing Regulatory Agency which in fact meant the price of fuel (petrol) would become #141 per liter starting from today, the 1 Jan 2012, a lot of nigerians have voiced their disappointment in the order issued and the government including the president have been blamed for the occurrence.
I myself am not pleased with it and below are my reaons why am not.
Firstly, even at #65 per liter, our fuel price was the highest in the world among the OPEC nations and they still had the mind to double it.
Secondly, with our economy in disarray, this was the last thing we needed. A high percentage of our population can’t afford three square meals a day talk less of cars yet the government still increased it and now the people with cars will have to park their cars at home and maybe take public transport, that’s if their prices are not even outrageous.
Thirdly, for God’s sake! Its a new year and today is the first day of the year. What kind of welcome is this. Maybe we should just go back to 2011 cos it was a whole lot better then.
Maybe its a just a sign of good things to come, maybe not. But until the reasons behind this are revealed, the nigerian government has not tried at all.
This is just my opinion though. I’ve actually heard claims that some people are pleased with it. Please share with us your stance on this issue and your reasons behind it in the comment box.
God bless Nigeria