The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), Friday implored President Muhammadu Buhari to ignore the counsel of International Monetary Fund (IMF) to remove fuel subsidy in the country.
Its president, Comrade Williams Akporeha, at a press conference in Lagos described the IMF’s counsel as poisonous advice and capable of destabilizing and creating unnecessary tension in the economy and body polity.
He said:’’While maintaining our uncompromising standpoint on national patriotism and also pushing for good governance particularly in the sector that affects our members and their businesses we use this medium to condemn the hoax which suggested that Federal government was planning to remove fuel subsidy’’.
“Our over dependence on Petroleum Products importation has unfortunately made us to be very vulnerable to antics and manipulations of local and foreign manipulators. As a stakeholder in the oil and gas industry in Nigeria, we are not aware of such plan. Sadly this unhealthy speculation led to panic buying and created slight hitches in the country’s downstream sector. Read more
