Alhaji Lai Mohammed, the Minister of Information and Culture, on Monday said there is no alternative to the removal of fuel subsidy.
Speaking with reporters in Abuja, the Minister appealed for understanding from leadership of labour unions and all Nigerians, stressing that the hardship being faced as a result of government’s decision would not last long.
Mohammed said the Nigerian National Petroleum Corporation, NNPC, cannot continue to import fuel alone due to paucity of foreign exchange.
“Many have been asking why this would happen at this time and what triggered the decision concerning the new framework for petrol products supply, distribution and pricing.
“Gentlemen, we have no choice than to liberalize the price of petrol, if we are to end the crippling fuel scarcity that has enveloped the country, ensure the availability of the products and end the suffering of our people over the lingering scarcity,” he said.