Sunday 19 May 2013

Revealed: Subsidy Thieves Own Most Private Jets in Nigeria


femi falana
Human Rights Lawyer And Senior Advocate of Nigeria member Femi Falana recently reacted to the latest call for the removal of fuel subsidy in Nigeria by IMF.
He also revealed that most of the private jets in the country are owned by subsidy thieves.
“As the government needed to import fuel to augment local consumption, it enriched its cronies who engaged in fraudulent importation of fuel through fake mother and daughter vessels. Most of the 150 private jets in the country today are owned by fraudulent fuel importers.
Last year, the IMF and its local lackeys claimed that the economy would collapse if petrol was not sold at N141 per litre. But with massive strikes and protests, the price was reduced to N97. Did the economy collapse? These are voodoo economists.
“I hope the Jonathan regime will have the courage to ask the IMF to name one country that has succeeded after implementing its anti-people’s prescriptions. There is no success story anywhere in the world.
Let the IMF be honest to tell Nigerians the cost of producing a litre of [crude] oil. You will be shocked!,” he said.
According to our source, IMF is pushing the president to embark total removal of fuel subsidy to ensure fiscal adjustment.

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