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Fuel subsidy is a mega-fraud in Nigeria – Tam David West

Taking on the controversial probe into the nation’s oil sector led by Mallam Nuhu Ribadu, former Minister of Petroleum Professor Tam David West, on Sunrise … Continue reading Fuel subsidy is a mega-fraud in Nigeria – Tam David West


Taking on the controversial probe into the nation’s oil sector led by Mallam Nuhu Ribadu, former Minister of Petroleum Professor Tam David West, on Sunrise Daily stated that, what the Federal Government is doing is a “charade because a government that deceives its citizens consistently is sad.”

The former Minister, who has always claimed that the nation’s fuel subsidy regime is nothing but fraud, again affirmed his position saying there is no fuel subsidy in Nigeria rather what exists is ‘fuel subsidy mega-fraud.’

He argued that his allegation has been proven by the recent controversies on investigations into the sector by the committees led by Farouk Lawan and Nuhu Ribadu.

Professor David-West also revealed that he has challenged the Federal Government for a public debate on the issue but he has never gotten a response to the offer.

The Federal Government on Thursday appointed another committee, made of serving Ministers to draft out a white paper from the controversial special task force report on the petroleum revenue submitted by the Ribadu committee.