CNG To Embark On Protest Against Removal Of Fuel Subsidy

A Coalition of Northern Groups (CNG), South-South chapter, is planning to embark on a protest over plans by the federal government to remove subsidy.

A statement issued by the group’s Coordinator, Alhaji Yakubu Aliyu and made available to Grassroots.ng explained that it viewed with concern the plan by the federal government to effect an upward review of the nation’s already overpriced fuel.

According to the statement, “Should the Federal Government fail to heed our advice, we will not hesitate to join all serious protests that those, who are also bitterly opposed to the pump price increase, may embark on.”

It noted that more disturbing is the alleged twin simplistic policy to pay monthly a few millions of Nigerians N5,000 each to cushion the usual attendant harsh effects of the pump price increase, stressing that it is far less than what the predictable hyperinflation will engender.

The statement added that with this grim background, the Federal Government should rescind the anti-common man decision, “which is counterproductive and a sure way to make the nation’s economic drift worsen.”