Obasanjo to Jonathan: Don’t remove subsidy

Former President Olusegun Obasanjo at the weekend told President Jonathan to forget the idea of ending fuel subsidies for now so as to allow stability to reign in the country, sources told Daily Trust. Obasanjo met Jonathan at the Presidential Villa in Abuja on Saturday at the instance of the president, apparently in continuation of his series of consultations over the plan to remove fuel subsides beginning from January. A source who is privy to the meeting told Daily Trust that the former president cautioned Jonathan that removing fuel subsidies could ignite chaos in the country. Jonathan last week announced the Federal budget for 2012, making no provision for fuel subsidies, apparently in line with his plan to scrap the support regime. But finance minister Ngozi Okonjo-Iweala said on Wednesday that the president was still holding consultations on the matter.


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