Removal of electricity subsidy: “A peculiar mess”, By Fola Aiyegbusi

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Ministry of Power should not allow organised labour to plunge our country into another round of strikes over removal of electricity subsidy.

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Every government the world over subsidises certain things for its citizenry. From America to Europe, it is either agricultural products or housing or other basic things of life. Therefore, this present administration in Nigeria must not make the mistake of thinking that every subsidy is an aberration. It is certainly not.

Since 1999 in Nigeria, the ‘song’ has been “government has no business doing business,” and immediately a government business doing well is sold off to a private investor, the business dies afterwards. This has been the fate of almost all the Federal Government business ventures sold to private investors.

 

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