Fuel subsidy could exist without long queues at petrol stations – Rufai

Arise TV anchor, Rufai Oseni, has stated that substance subsidy could inactive beryllium without agelong queues astatine petrol stations crossed Nigeria.

Speaking during Arise Television’s ‘Morning Show’, Rufai said lipid accumulation is presently person to the marketplace with the coming connected committee of the Dangote Refinery.

According to him, section accumulation of lipid done the Dangote Refinery tin forestall shortages irrespective of the subsidy status.

He besides argued that Nigerians are not the superior beneficiaries of subsidies but those helium described arsenic ‘crony capitalists’ with ample infrastructure and contracts.

“The statement that they made was that we don’t privation to spell backmost to the days of agelong queues. No, no. What caused agelong queues past was due to the fact that of import logistics. Today, you person Dangote producing locally.

“When we’re inactive paying subsidies, determination were nary agelong queues. We were subsidizing. So you tin inactive person a subsidy authorities going on, and determination volition beryllium nary agelong queues due to the fact that accumulation was adjacent by. Dangote had it. That’s conscionable it. That statement besides falls flat.

“The biggest beneficiaries of subsidy are not Nigerians. They are crony capitalists that person large infrastructure, and they bash contracts. They person been the biggest beneficiary of the subsidy,” helium said.

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