From Punch:
The Federal Executive
Council on Wednesday
said it would not
rescind the removal of
the subsidy on
petroleum products.
Minister of Information,
Mr. Labaran Maku, told
newsmen at the end of
the emergency FEC
meeting at the Council
Chambers of the State
House, Abuja, that
government was not
unmindful of the pains
being experienced by
Nigerians, as a result of
the action.
He said the Federal
Government had
commenced a ‘massive
mass transit scheme’ to
cushion the effect of
the subsidy removal on
transportation. Under
the scheme, thousands
of mass transit vehicles
are to be distributed.
These people are trying
Nigerians sha. Continue
reading...
He was joined by the
Minister of Trade and
Investment, Mr. Olusegun
Aganga; and the Minister of
Transport, Idris Umar.
The emergency meeting,
which was chaired by
President Goodluck
Jonathan, began at 12.
15p.m and around 3.30pm.
Vice-President Namadi
Sambo; Labour Minister,
Emeka Wogu; and the
Minister of National
Planning, Shamsudeen
Usman, were among those
in attendance.
Absent from the meeting
were Finance Minister, Mrs.
Ngozi Okonjo-Iweala; and
Petroleum Minister, Mrs.
Dieziani Alison-Madueke.
FEC last met on December
21 and adjourned till
January 11.
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