Obasanjo, Gowon govts institutionalised fuel subsidy to detriment of Nigeria’s economy – Group

NNPC fuel price hike: We demand immediate reversal — NLC

Obasanjo, Gowon govts institutionalised fuel subsidy to detriment of Nigeria’s economy – Group …C0NTINUE READING HERE >>>

A group, under the auspices of Independent Media and Policy Initiative (IMPI) has heaped blames on former Military Heads of State, Gen Yakubu Gowon and Olusegun Obasanjo for allegedly institutionalising petrol subsidy regime at a time when the Nigerian economy was very vibrant.

According to the group, these former military heads of state introduced subsidy as a short-term measure to cushion the rising international oil price.

At a press briefing on Tuesday in Abuja, Chairman of the…

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