The federal government announced 10 steps to help alleviate the pains of the fuel price increase.
However sensationalist have taken a few of the announcements out of context to feed their ever gullible audience.
The 10 steps include:
1. Margin discount at NNPC stations
2. Forward sales of crude to local refineries.
3. Price Modulation
4. Removing illegal levies
5. More direct support. Conditional cash transfers.
6. Faster CNG roll out
7. Excess profit Tax (under consideration). This is targeted at businesses within the energy value chain exploiting consumers
8. Less red tape
9. National strategic fuel reserve.
10. Better traffic and Logistics.
Side note: My delivery wasn’t sharp.
I was angry and irritated while making the video but wanted it to be purely informative.
So I tried very hard not to speak a certain way. Cut out things a few times. 👍🏾
@SoarAfrica@nytimes Now we have the issue of CAF allowing super eagles to play on a sub standard pitch against Guinea Bissau . We must replay that match on a better pitch.
@iampapzz@DavidEboh5@AnthonyAudu10@ruffydfire The problem is you are not asking the right people questions. Your local government chairman and governors should be held accountable first before you heavily criticize the president.
@DavidEboh5@AnthonyAudu10@ruffydfire You proved why Jonathan was not a good president. He cared too much about the feelings of people and not the progress of the country. Removal of subsidy is good.
@_yvnghalo@Ozedikus We all know what we are doing. If you are old enough to have a phone, then you should know the difference between a miracle and magic