Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Jonathan can’t take decision on subsidy removal alone–Rep Asuquo

    Jonathan can’t take decision on subsidy removal alone–Rep Asuquo

    January 4, 2012
    Share
    Facebook Twitter LinkedIn WhatsApp

    04 January 2012, Sweetcrude, CALABAR – A member of the Nigerian House of Representatives, representing the Akamkpa/Biase Federal Constituency in Cross River State, Daniel Asuquo, says President Goodluck Jonathan cannot take decision on fuel subsidy removal alone.

    Asuquo, who spoke in Calabar, stated that President Jonathan “does not have the power to sit alone and say there is no subsidy”.

    His words: “I am the most vexed on the issue of subsidy removal. I lashed at successive administrations for its failure to build functional refineries in the country.

    “The Executive has a responsibility to provide a soft landing for Nigerians who have been traumatised over the years. It is unfortunate that members of the cartel who benefit from the oil subsidy largesse cannot build functional refineries. Rather, they engage in massive importation of petroleum products to the detriment of the masses.

    “President Goodluck Jonathan does not have the power to sit alone and say there is no subsidy. It is a collective decision. As the head of the executive he has his own feelings. As far as I am concerned, the issue of subsidy removal is his opinion, but he has the duty to convince the people’s representatives, like me, that subsidy should be removed.”

    Related News

    JBNU researchers develop novel dual-chemical looping method

    Nigeria’s non-oil exports surge to record $6.1bn in 2025

    ‘US tariff threats tied to Greenland acquisition heighten global business uncertainty’

    E-book
    Resilience Exhibition

    Latest News

    Global LNG supply set to jump in 2026, limiting prices and spurring demand

    January 21, 2026

    PETROAN questions $4bn refinery spend, demands firm production timelines

    January 21, 2026

    World oil market faces significant surplus in first quarter, IEA says

    January 21, 2026

    Halliburton beats estimates on quarterly profit, says could move quickly in Venezuela

    January 21, 2026

    Oil prices tick up as investors assess force majeure at Tengiz oilfield

    January 21, 2026
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2026 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.