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Oil Subsidy Removal Debate Divides House Of Rep

The House of Representatives yesterday appeared divided over a motion calling on the Federal Government to exercise restraint in the removal of fuel subsidy and introduce a less restrictive and stringent conditions for the setting up of refineries in the country.

fuel subsidy

The other prayer of the motion entitled “alleged plan to remove fuel subsidy” sponsored by Rep Albert Adeogun also was calling on the Federal Government to fast track the repairs of the refineries to enhance local production of petroleum products as this will eliminate the need for subsidy or reduce it to the barest minimum.

Before the law maker could move the motion on the floor, his colleagues were already booing him and saying “no”, “kill it”.

While moving the motion despite the hostility of his colleagues, Adeogun said that the removal of subsidy will lead to the scarcity of petroleum products, trigger a rise in transportation costs and and cause untold hardship to Nigerians.

“Subsidy on petroleum products was introduced in Nigeria as a palliative measure to ease the sufferings of Nigerians whose livelihood are largely dependent on the use of petroleum products.

“Subsidy removal will ultimately result in inflation and increase in goods and services, thereby aggravating poverty across the country, “he said.

Raising a point of order to counter the motion, Hon. Herman Hembe said the motion was to speculative and should not be considered.

Also speaking against the motion, House Leader, Hon. Femi Gbajabiamila said that the motion was anticipatory and was not factual adding that “I stand here to stay, Mr. President has said that he will not remove subsidy.

Minority leader of the House, Rep Leo Ogor (PDP Delta), speaking for the motion said that it should be given a fair hearing adding that “we are being judgemental over a colleague”.

After a lot pressure from his colleagues Adeogun was forced to step his down motion down.

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