News
ASUU doesn’t believe there is subsidy in Nigeria – Prof Osodeke
The Academic Staff Union of Universities, ASUU, has insisted that Nigeria has no subsidy.
The President of ASUU, Professor Emmanuel Osodeke, spoke at the Alex Ekweme Federal University, Ndufu-Alike, Ikwo in Ebonyi State.
Osodeke wondered why Nigeria would be exporting crude oil for the past 70 years and can’t refine the product at home.
During his inauguration, President Bola Tinubu announced that “subsidy is gone.”
A declaration that led to a hike in price and a shortage of the product across the country.
But speaking on Wednesday, Osodeke said: “We don’t believe that there is fuel subsidy.
“You can’t be exporting crude oil for the past 70 years, and you still cannot refine the crude oil and sell to your people at the Nigerian rate, not at the dollar rate. Then, something is wrong.”
The ASUU boss also decried the inability of the country to have a functioning refinery, decrying the humongous amounts spent on the existing ones.
“It is not rocket science to build a refinery. When the country deliberately refuses to maintain the ones they have but people [working there] are being paid.
“Nigeria has spent trillions of naira in the past three years or so on the renovation of refineries yet nothing is working. Meanwhile, smaller countries have functional refineries,” he said
-
Niger Delta6 days ago
IYC: 12 Killed, Over 50 Injured as Violence Erupts Over Eastern Zone Election
-
National6 days ago
NAFDAC Press Statement Against Christ Mercy Land Deliverance Ministry Incorrect
-
News6 days ago
‘Forgive My Actions’ – Oshiomhole Apologies To Igbinedion
-
News5 days ago
Henceforth Any Police Officer Who Involves In Land, Rent And Marital Matters Will Be Sanctioned, Promotion Suspended-PSC
-
News6 days ago
Crisis hits Abiola family over oil asset as other children accuse Kola, Wuraola of fraud
-
News6 days ago
Lagos begins implementation of e-call up system for Lekki-Epe corridor
-
News5 days ago
281 Inmates Missing After Flooding at Maiduguri Correctional Centre
-
Politics4 days ago
What Is The Assurance That APC Will Be A Comfortable Place For You If You Destroy PDP? – Nnaji To Wike