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Oil subsidy removal: CSO demands that national, sub-national minimum wages be reviewed

Press statement on removal of oil subsidy, by center for equity and eradication of rural poverty


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The Centre for Equity and Eradication of Rural Poverty has observed with deep interest reactions and counter reactions on President Bola Ahmed Tinubu’s pronouncement on removal of Oil Subsidy and wishes to state as follows;

(1) That no Society can survive on sustenance of corruption in its Public Account Sector,

(2) That the so-called Oil Subsidy Regime is a clear manifestation of corruption deliberately planted by a Cabal in Nigeria’s Public Financial System just to endlessly enrich itself at the detriment of Nigeria’s economy, her citizens and future,

(3) That though on the 1st of January, 2012 that former President Goodluck Jonathan had announced removal of Oil Subsidy, he, unfortunately, did not have enough capacity to withstand pressure from both the opposition Political Parties and the Organized Labour,

(4) That not minding that President Tinubu and immediate-past President Muhammadu Buhari, as then Opposition Chieftains, had vehemently opposed the good idea, it was obvious they both knew it was the best thing to do,

(5) That now that President Tinubu has removed his apron of opposition and embraced the spirit of circumstantial realization, that Opposition Parties and the Organized Labour should give the President the benefit of the doubt on the following expectations;

(a) That Road Infrastructure should be considerably improved upon,

(b) That Mass Transport System should be injected into the Transport Sector, including the Railways,

(c) That Adequate Security should be provided on our roads and rail lines,

(d) That Government-owned Refineries should be duly privatized and made optimally functional,

(e) That interested citizens should be adequately motivated to engage profitably in Agriculture,

(f) That considerable attention should be paid to the Health Sector, especially Primary Health and

(g) That both National and Sub-National Minimum Wages should be reviewed, with a view of not having a worker receive a monthly take-home of less than Fifty Thousand Naira.

Sir Don Ubani; KSC, JP

Executive Director.

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