“As the government needed to import fuel to augment local consumption, it enriched its cronies who engaged in fraudulent importation of fuel through fake mother and daughter vessels. Most of the 150 private jets in the country today are owned by fraudulent fuel importers.
“Last year, the IMF and its local lackeys claimed that the economy would collapse if petrol was not sold at N141 per litre. But with massive strikes and protests, the price was reduced to N97. Did the economy collapse? These are voodoo economists.”
Human rights lawyer, Femi Falana, a Senior Advocate of Nigeria, said this while reacting to the latest call by the IMF for the removal of fuel subsidy in Nigeria.
He also, while speaking with Punch, said corruption had been encouraged by the ill-advice Nigerian political leaders had taken from the International Monetary Fund, IMF.
“I hope the Jonathan regime will have the courage to ask the IMF to name one country that has succeeded after implementing its anti-people’s prescriptions. There is no success story anywhere in the world.
“Let the IMF be honest to tell Nigerians the cost of producing a litre of [crude] oil. You will be shocked!" said Falana.
OluFamous.Com gathered that the IMF is now pushing President Goodluck Jonathan to embark on a total removal of fuel subsidy to, according to them, ensure fiscal adjustment.
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