The National Youth Council of Nigeria (NYCN), yesterday in Abuja, endorsed the removal of fuel subsidy by the federal government.
The group also called on President Goodluck Jonathan to immediately commence “serious probing and sanitisation of the oil sector in order to ensure proper utilization of the funds accruable from the deregulation policy.”
Speaking at a press briefing yesterday, national publicity secretary of NYCN, Abiola Hamid, said that following hours of deliberations by its EXCO on the fuel subsidy crisis, it had resolved to support the government’s policy as it was convinced that it will help in revamping the various sectors of the economy, create employment especially for Nigerian youths as well as set the economy on the path of greatness.
It called on Labour to look into the issues as raised by the government and not continue the strike on protest basis.
While calling on Nigerian youths to shun any act that will further threaten the peaceful coexistence of the nation, NYCN, said though it was unequivocally in support of the deregulation of the downstream sector as it believed that at the long run the Nigerian youth will be better off as only a cabal in the country was reaping their collective benefit,
“The government should begin to popularise the clear cut action plan for the utilisation of funds accruable from the fuel subsidy removal, such as licensing and construction of more NNPC Mega stations across the country and increase the number of government assisted mass transit scheme launched by the President for the citizenry.
“Government must immediately commence serious probing and sanitization of the oil sector in order to ensure proper utilisation of the funds accruable from the deregulation policy and also show serious concerns to tackle corruption and reduce the high cost of governance and political waste in order to gain trust of the masses as broadcast by the President.”