Olisa Agbakoba(SAN) was suggesting other ways of raising money for the subsidy.
The government should listen to him,if it works out for the next 2 yrs,
the refineries must have been working by then.I believe the actual cost of the
subsidy cannot be more than $3billion if it is monitored properly and the issue of
corruption dealth with.If plan A does not work,use plan b.Each state can give
3billion naira from their security vote for one year as contribution. stop all long term
contracts immediately.The govt can easily raise 2billion dollars from there,then print
more money to cover the balance,It may cause inflation but its just for a short term.
This is a 2yr emergency measure to subsidise the fuel before the refineries are privatised
and working.All the state governors should tighten their belt to save the country.
There must be other ways of raising money.Jonathan we are praying for you to succeed