Stopping the Massive Fuel Subsidy Looting

Following the January protest and the capitulation of the labour movement, life for the ruling class returned to “normal” and the massive looting of our natural resources in the name of fuel subsidy continued. It was the House of Representatives Ad-Hoc Committee on Fuel Subsidy that placed the issue of mega looting by the Jonathan Administration back on the table. They demonstrated with facts and figures that there was monumental fraud in the subsidy regime at a level never seen in the history of Nigeria. The regime and its oil marketers conspire and defraud Nigeria and Nigerian trillions of naira all in the name of subsidy payment. (View full Text)

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