Read this Preye Aganaba 60% of fuel subsidy funds smuggled - TopicsExpress



          

Read this Preye Aganaba 60% of fuel subsidy funds smuggled abroad –Jonathan President Goodluck Jonathan on Thursday lamented that a number of government programmes, which ought to have been effectively implemented for the benefit of Nigerians, could not be realised owing to poor data management system. For instance, he listed the abuse of the fuel subsidy scheme, which was meant to reduce the cost of transportation for Nigerians as well as make life more meaningful for the ordinary people, as one of the disadvantages of not having an efficient national identity management system. The President, who said this in Abuja during the unveiling of the national identity card, noted that it was unfortunate that after spending billions of naira annually on fuel subsidy payment, majority of the citizens did not get to enjoy the subsidy owing to the fact that about 60 per cent of the funds were smuggled out of the country. He lamented that those who smuggled the subsidy funds out of the country were the ones who later turned around to instigate the citizens against the government. Jonathan said, “I’m particularly pleased with the National Identity Management Commission because a number of things we are supposed to do well as a nation, we are not doing well. And sometimes, we blame the government because of the failure of the system and the credibility of the process. punchng/news/60-of-fuel-subsidy-funds-smuggled-abroad-jonathan/ 60% of fuel subsidy funds smuggled abroad –Jonathan punchng
Posted on: Fri, 29 Aug 2014 05:45:53 +0000

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