Kanyi Daily NewsKanyi Daily NewsKanyi Daily News
  • Home
  • News
    • Politics
    • Crime
    • Sports
    • Nigerian News
    • Photospeaks
      • Instagrammers
      • Twitteratti
    • Videos
  • Entertainment
    • Celebrities
    • Interviews
    • Events
    • Magazine Covers
    • Reality TV
    • Spotlight
  • Kanyi TV
  • Business
  • Sports
  • Lifestyle
    • Fashion
      • Fashion For Women
      • Fashion For Men
      • Who Wore It Better
      • Fashion We Like
      • Love Or Hate It
      • Style By
      • Style Star
    • Travel
    • Tech & Gadgets
    • Beauty
      • Makeup
      • Beauty Tips
      • Nails
    • Tips Tuesday / Life Hacks
  • Career
    • Girl Boss
    • Man Inspiration
    • Wonder Woman Wednesday
    • Man On A Mission Monday
    • Career Tips
    • Business
    • Money & Finance Tips
    • Jobs
  • MORE
    • Health
    • Education
    • Humanity
    • Relationship
    • Couples In Love
    • Dating
Reading: ACN asks Jonathan to apologise, revert fuel price to N65
Font ResizerAa
Font ResizerAa
Kanyi Daily NewsKanyi Daily News
  • Home
  • News
  • Celebs
  • Business
  • Crime
Search
  • Home
  • News
    • Politics
    • Crime
    • Sports
    • Nigerian News
    • Photospeaks
    • Videos
  • Entertainment
    • Celebrities
    • Interviews
    • Events
    • Magazine Covers
    • Reality TV
    • Spotlight
  • Kanyi TV
  • Business
  • Sports
  • Lifestyle
    • Fashion
    • Travel
    • Tech & Gadgets
    • Beauty
    • Tips Tuesday / Life Hacks
  • Career
    • Girl Boss
    • Man Inspiration
    • Wonder Woman Wednesday
    • Man On A Mission Monday
    • Career Tips
    • Business
    • Money & Finance Tips
    • Jobs
  • MORE
    • Health
    • Education
    • Humanity
    • Relationship
    • Couples In Love
    • Dating
Follow US
© 2026 Kanyi Media.
PHOTOSPEAKS

ACN asks Jonathan to apologise, revert fuel price to N65

Kanyi Okeke
By
Kanyi Okeke
Published: April 25, 2012
SHARE
ACN asks Jonathan to apologise, revert fuel price to N65 1

The Action Congress of Nigeria (ACN) has asked President Goodluck Jonathan to apologise to Nigerians for his government’s ill-advised removal of the so-called fuel subsidy in January, saying the report of the House of Representatives Committee that probed the management of the subsidy had shown that the removal was an egregious error of judgement that had left Nigerians feeling swindled by their government.
“Against all informed pieces of advice, even from well-informed industry insiders and analysts, President Jonathan approved the removal of fuel subsidy and went ahead to defend it. Well, the President is human and therefore can also be wrong. But when he is, as it has now been proved, he should be humble enough to admit it and apologise,” the party said yesterday  in a statement by its National Publicity Secretary, Alhaji Lai Mohammed.

It said after the apology, the President should then revert the fuel price to the pre-January price of 65 kobo per litre and then proceed to implement the recommendations of the committee without delay, especially the prosecution of all indicted persons and companies.
ACN also said whether or not the committee recommended such, the President should fire all those who advised -or misadvised – him on the fuel subsidy issue, especially the officials who wasted public funds in organising the charade called stakeholders’ meetings which, as it turned out, was an orchestrated scam, as the decision to remove the subsidy had already been taken.

President Jonathan
“In more-civilized climes, those who bandied spurious figures to Nigerians and hinted that the economy would collapse if the subsidy was not removed – would by now have tendered their resignations – with apologies – over the discovery that what the government has been subsidizing over the years are corruption and inefficiency, not fuel.
“The sectional groups who threw their weight behind the fuel subsidy removal, for no other reason than that the President is their ‘son’, should also have repeated the adverts they placed in the newspapers, but this time repudiating their earlier adverts and apologising to Nigerians.
“Since honour is in short supply here, and these people are ready to carry on as if nothing has happened, the President should show rare courage by sacking all those he has the power to sack, and recommending the removal of those he cannot single-handedly remove. Any action short of the above will be a joke which Nigerians are not ready to accept,” the party said.
It said though many Nigerians have expressed shock and anger at the report of the House Committee, especially the huge payments made to unknown and unqualified fuel importers and the recommendation that the NNPC, PPPRA and some oil marketers should refund over 1 trillion naira, the party is not surprised that things have turned out this way.
“In statements after statements, we told the President that there is no subsidy on fuel, and that what the government claims to be subsidising are corruption and inefficiency. We quoted informed analysts, who proved – with facts and figures – that the average true price of a litre of fuel is N34.03. We suggested ways in which the government can truly deregulate the sector without inflicting untold hardship on Nigerians. But in the end, as always, the government ignored all the interventions and went ahead with its pre-meditated action.
“Nigerians were made to pay for the corruption perpetrated by a few fat cats in the name of fuel subsidy, and a government with the primary responsibility of ensuring the well-being of its citizens inflicted untold pain on them in the new year, as the prices of goods and services shot up in the wake of the fuel price hike and many who had travelled for the holidays were stranded for days. Someone has to pay for this fraud perpetrated against Nigerians,”ACN said.
The party commended the civil society groups and individuals who have vowed to ensure the implementation of the report, and promised to also ensure that the issue is kept in the front burner.
“No amount of intimidation, through the deployments of armed policemen to places of possible protests, can stop Nigerians from asking questions and demanding answers after the exposure of the knee-deep rot in this critical sector of the economy. Those who have been elected to lead must justify the peoples votes before asking for their support again. That is the essence of leadership,” it said.

Read Also:👇🏾

  1. Nigerian Soldiers Threaten To Go On Rampage In Sudan
  2. Pictures From NYC #OccupyNigeria Rally of January 10th, 2012
  3. Video: Okonjo Iweala Speaks To Aljazeera TV
  4. Ngozi Okonjo Iweala Resorts To Twitter To Reply Her Critics

TAGGED:issuesministerNewsNigeriaPoliticsPresidentriots
ByKanyi Okeke
Follow:
Kanyi is the Founder & Editor-in-Chief of KanyiDaily.com.When she's not serving DAILY delicious scoops on Entertainment and news, you can find her reading a book by the beach.Keep up with Kanyi on Instagram and Twitter or through her email [email protected]
Previous Article Gunmen shoot, burn 3 inside car in Jos. 2 Gunmen shoot, burn 3 inside car in Jos.
Next Article Bomb explosion rocks Jos football viewing centre 3 Bomb explosion rocks Jos football viewing centre
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

FacebookLike
XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow
WhatsAppFollow

Latest Post

2face Meets Defence Minister To Discuss ‘Using Music To Tackle Youth Violence’
2face Meets Defence Minister To Discuss ‘Using Music To Tackle Youth Violence’
20 Killed As Bandits Ambush Security Patrol In Plateau
20 People Killed As Bandits Attack Security Patrol In Plateau
"You're All Fools" - Rapper 2shotz, Slams Igbos supporting Tinubu's Government
“You’re All Fools” – Rapper 2shotz Slams Igbos Supporting Tinubu’s Government
Supporting Peter Obi Over Tinubu Was A 'Careless Mistake' - Cubana Chief Priest
Supporting Peter Obi Over Tinubu Was A ‘Careless Mistake’ – Cubana Chief Priest
Former Super Eagles Midfielder Henry Nwosu Dies At 62
Former Super Eagles Midfielder Henry Nwosu Dies At 62
Henry Nwosu, Ex Super Eagles Star And Youngest Member of Nigeria’s 1980 AFCON Squad Dead 5
Henry Nwosu, Ex Super Eagles Star And Youngest Member of Nigeria’s 1980 AFCON Squad Dead
Nigerian Student, One Other Die After Donating Plasma In Canada
Nigerian Student, One Other Die After Donating Plasma In Canada
Comedian Broda Shaggi Claims He Makes Over $40k Monthly From Youtube [Video]
Police Launch Probe After Shooting Incident Involving Broda Shaggi
North Korea Fires Missiles Towards Sea Of Japan As US-South Korea Hold Military Drills
North Korea Fires Missiles Towards Sea Of Japan As US-South Korea Hold Military Drills
Trump Claims Iran Has Been Totally Defeated, Vows US Won't Accept Any Deal
Trump Claims Iran Has Been Totally Defeated, Vows He Won’t Accept Any Deal
- Advertisement -
Ad imageAd image

Follow Our News Page On Facebook

Follow our entertainment Page on Facebook

"Any Lady Who Has A Child For My Son Should Come Forward" - Mohbad's Father Announces [Video]
CelebritiesEntertainment

“Any Lady Who Has A Child For My Son Should Come Forward” – Mohbad’s Father Announces [Video]

Nigerian Army Kills Benue's Most Wanted Criminal, Gana After He Surrendered To Governor Ortom 7
News

Nigerian Army Kills Benue’s Most Wanted Criminal, Gana After He Surrendered To Governor Ortom

Dele Bandele: Missing Nigerian Man Found Dead, Leaves Touching Suicide Note Behind 9
Metro

Dele Bandele: Missing Nigerian Man Found Dead, Leaves Touching Suicide Note Behind

"Why Are You Blaming Me?' - Jarvis In Tears After Peller’s Car Accident
Celebrities

“Why Are You Blaming Me?’ – Jarvis In Tears After Peller’s Car Accident [Video]

DSS Disobeying Court Order, Maltreating Nnamdi Kanu In Their Detention - Lawyer
News

DSS Disobeying Court Orders, Maltreating Nnamdi Kanu In Their Detention – Lawyer

Toke Makinwa Opens Up About Losing Her Banana Island Home To AMCON 11
Celebrities

Toke Makinwa Opens Up About Losing Her Banana Island Home To AMCON

Nollywood Producer Collins Ifeanyi Chukwu Dead 13
PHOTOSPEAKS

Nollywood Producer Collins Ifeanyi Chukwu Dead

Governor Ignores Nigerian Security Agencies, Flies To Dubai To Seek Solutions For Banditry In Zamfara 15
News

Governor Ignores Nigerian Security Agencies, Flies To Dubai To Seek Solutions For Banditry In Zamfara

Beautiful 17-Year-Old Girl Reveals Why She Pledges To Remain A Virgin Until Marriage 17
News

Beautiful 17-Year-Old Girl Reveals Why She Pledges To Remain A Virgin Until Marriage

Saraki Reveals Why Senate Refused To Confirm Magu As EFCC Chairman 19
News

Saraki Reveals Why Senate Refused To Confirm Magu As EFCC Chairman

Gabon Soldiers launch Coup To Restore Democracy, Calls For Uprising To Remove Ailing President Ali Bongo 21
News

Gabon Soldiers launch Coup To Restore Democracy, Calls For Uprising To Remove Ailing President Ali Bongo

PHOTOSPEAKS

Light Rail Trains Leave Canada For Lagos

Kanyi Daily News: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more.

Got a hot news tip or found something interesting you’d like us to feature? Hit us up with the details.

  • About KanyiDaily.com
  • Advertise
  • Claims of Infringement
  • Conditions Of Use
  • Contact Us
  • Media Inquiries
  • SUBMIT YOUR STORIES!
  • Tech Issues
  • Write For Kanyi Daily
  • Advertising Policy
  • Comment Policy
  • Editorial Policy
  • Privacy Policy
  • FAQ – Frequently Asked Question
Follow US
Kanyi Media 2026.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?