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Fuel subsidy removal won’t bring hardship on Nigerians —Yuguda

| May 31, 2013 More

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NIGERIANS have been told that the Federal Government’s plan to completely deregulate the country’s oil sector is not a move to increase the people’s hardship.

This was stated on Thursday by Bauchi State governor, Mallam Isa Yuguda, while participating in a phone-in programme on Federal and state-owned media in Bauchi State, Globe FM, NTA,  BRC, BATV, to mark this year’s Democracy Day celebration in the state. He said that deregulation would make more funds available to all tiers of governments in the country to execute people-oriented programmes.

According to Yuguda, the monthly allocation from the federation account accruable to the state was not adequate enough to meet the yearnings and aspiration of its electorate, saying that the state government was, however, determined to provide dividends of democracy to the people.

The governor stated that much was not being realised in internally generated revenue, as the state got only N200 million last year against the set target of over N1billion. He attributed the meagre revenue generation by the government to non-payment of taxes and called on the people of the state to pay their taxes and levies.

He attributed the delay in completion of some projects to the dwindling of resources accruable to the state from the federation account.

Category: Bauchi State News

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