Subsidy must go – Finance Commissioners, NECA

Removal ‘ll impoverish Nigerians; it’s corruption that should go— NLC

Commissioners for Finance from the 36 states of the federation rose from their monthly Federation Accounts Allocation Committee, FAAC, meeting in Abuja, yesterday, insisting that petroleum products subsidy must be removed.
While their position was consistent with that of the Nigerian National Petroleum Corporation, NNPC, it sharply contradicted the thinking of the Nigerian Senate, which held a few days ago that petroleum subsidy should remain.
The commissioners had, three months ago, decided that the current subsidy was not in the interest of the nation and wrote a letter to President Goodluck Jonathan, demanding an end to it.
The Chairman, Forum of Commissioners of Finance, Mr. Timothy Odaah, told journalists shortly after the meeting that there was no going back on their position and that they had fully briefed their principals— state governors.

Arepo shootout: Police survivors say vandals better armed

Four of the policemen who went missing after the Nigerian National Petroleum Corporation pipeline exploded in the Arepo area of Ogun State on May 25, 2014 say the vandals outnumbered them.

The survivors, corporals Abu Danmudi, Usman John, Rahimi Morufu and Abdullahi Sabo, added that the vandals were in military camouflage. The policemen, who are attached to the Inspector General of Police Special Task Force on Pipeline Vandalism, explained that the vandals, who were armed with superior firepower, stormed the area in about 14 speedboats to siphon fuel from the NNPC pipelines.