Sanusi’s Kite on fuel price hike

IMMEDIATELY President Goodluck Jonathan presented his medium term fiscal framework on the 2012 budget to the National Assembly in September 2011 in which he outlined a hike in petroleum products price through the dubious means of removal of fuel subsidy, public spirited Nigerians and groups in their millions and in their characteristic patriotic interventions shouted themselves hoarse on the short and long term implication of this anti-people and satanic policy as well the feet that the fuel subsidy regime was a fraud being perpetrated by a thieving ruling class. This is bearing in mind that Nigeria as the 7th world latest producer of the black gold, the only OPEC member country without accurate data of its oil production capacity and with four intentionally and criminally sabotaged refineries, had no reason to import not to mention subsidising imported petroleum products