Subsidy removal: Nigerian government must lead by example – PENGASSAN

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The President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Comrade Festus Osifo, has disclosed the position of the union on the issue of petroleum subsidy removal.

He said, “It is clearly not sustainable for us to be spending close to 7 trillion in the payment of subsidy. We quite know from the information available to us that the financial situation of this country is in dire straits. We know as well that the amount of money we are using in servicing debt is even getting higher than our revenue, so it shows clearly that we are in dire straits but our leaders must lead by example.

“They cannot tell us that we are passing through austerity; they cannot tell us that they need our help but they are still living, as usual, we must cut our coats according to our size. We have challenged and told them, why can’t you come out and lead by example and say okay, I am going to cut down on ABC and E and actually you go ahead and do it?

The PENGASSAN leader likened the current situation surrounding the subsidy removal between the government and the unions to a man trying to cut costs in his home but going around marrying more wives.

 

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