Text Of President Goodluck Jonathan’s Address To The Nation On 07/01/2011 On The Removal Of Fuel Subsidy.


State House

Here is the copy of another national broadcast slated for 9:00 PM Nigerian time by President Goodluck Jonathan tonight.

The president of Nigeria, Goodluck Jonathan, a...
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Dear Compatriots:

1.     A week ago, I had cause to address Nigerians on the security challenges we are facing in parts of the country, which necessitated the declaration of a state of emergency in 15 Local Government Areas in four states of the Federation. That course of action attracted widespread support and a demonstration of understanding. With that declaration, government had again signaled its intention to combat terrorism with renewed vigour and to assure every Nigerian of safety.

2.    The support that we have received in the fight against terrorism from concerned Nigerians at home and abroad has been remarkable. We believe that it is with such continued support that progress can be made on national issues. Let me express my heartfelt appreciation to everyone who has expressed a commitment to support us as we strive to improve on the country’s security situation, and build a stronger foundation for the future.  The recent mindless acts of violence in Gombe, Potiskum, Jimeta-Yola and Mubi are unfortunate. I urge all Nigerians to eschew bitterness and acrimony and live together in harmony and peace. Wherever there is any threat to public peace, our security agencies will enforce the law, without fear or favour.

3.    This evening, I address you, again, with much concern over an issue that borders on the national economy, the oil industry and national progress.  As part of our efforts to transform the economy and guarantee prosperity for all Nigerians, Government, a few days ago, announced further deregulation of the downstream petroleum sector. The immediate effect of this has been the removal of the subsidy on petrol.

4.    Since the announcement, there have been mixed reactions to the policy. Let me seize this opportunity to assure all Nigerians that I feel the pain that you all feel.  I personally feel pained to see the sharp increase in transport fares and the prices of goods and services. I share the anguish of all persons who had travelled out of their stations, who had to pay more on the return leg of their journeys.

5.    If I were not here to lead the process of national renewal, if I were in your shoes at this moment, I probably would have reacted in the same manner as some of our compatriots, or hold the same critical views about government.  But I need to use this opportunity as your President to address Nigerians on the realities on the ground, and why we chose to act as we did. I know that these are not easy times. But tough choices have to be made to safeguard the economy and our collective survival as a nation.

6.     My fellow Nigerians, the truth is that we are all faced with two basic choices with regard to the management of the downstream petroleum sector: either we deregulate and survive economically, or we continue with a subsidy regime that will continue to undermine our economy and potential for growth, and face serious consequences.

7.    As you all know, the subject of deregulation is not new, we have been grappling with it for more than two decades. Previous administrations tinkered with the pump price of petroleum products, and were unable to effect complete deregulation of the downstream sector. This approach has not worked.  If it did, we would not be here talking about deregulation today. I understand fully well that deregulation is not a magic formula that will address every economic challenge, but it provides a good entry point for transforming the economy, and for ensuring transparency and competitiveness in the oil industry, which is the mainstay of our economy.

8.    As a President, elected and supported by ordinary Nigerians, and the vast majority of our people, I have a duty to bring up policies and programmes that will grow the economy and bring about greater benefits for the people.  Let me assure you that as your President, I have no intention to inflict pain on Nigerians.

9.     The deregulation of the petroleum sector is a necessary step that we had to take. Should we continue to do things the same way, and face more serious economic challenges? Or deregulate, endure the initial discomfort and reap better benefits later? I want to assure every Nigerian that whatever pain you may feel at the moment, will be temporary.

10.    The interest of the ordinary people of this country will always remain topmost in my priorities as a leader. I remain passionately committed to achieving significant and enduring improvements in our economy that will lead to sustained improvement in the lives of our people.

11.    I am determined to leave behind a better Nigeria, which we all can be proud of. To do so, I must make sure that we have the resources and the means to grow our economy to be resilient, and to sustain improved livelihood for our people. We must act in the public interest, no matter how tough, for the pains of today cannot be compared to the benefits of tomorrow.  On assumption of office as President, I swore to an oath to always act in the best interest of the people. I remain faithful to that undertaking.

12.     To save Nigeria, we must all be prepared to make sacrifices.  On the part of Government, we are taking several measures aimed at cutting the size and cost of governance, including on-going and continuous effort to reduce the size of our recurrent expenditure and increase capital spending. In this regard, I have directed that overseas travels by all political office holders, including the President, should be reduced to the barest minimum. The size of delegations on foreign trips will also be drastically reduced; only trips that are absolutely necessary will be approved.

13.    For the year 2012, the basic salaries of all political office holders in the Executive arm of government will be reduced by 25%. Government is also currently reviewing the number of committees, commissions and parastatals with overlapping responsibilities. The Report on this will be submitted shortly and the recommendations will be promptly implemented. In the meantime, all Ministries, Departments and Agencies must reduce their overhead expenses.

14.    We are all greatly concerned about the issue of corruption. The deregulation policy is the strongest measure to tackle this challenge in the downstream sector. In addition, government is taking other steps to further sanitize the oil industry.

15.    To ensure that the funds from petroleum subsidy removal are spent prudently on projects that will build a greater Nigeria, I have established a committee to oversee the implementation of the Subsidy Reinvestment and Empowerment Programme. I sincerely believe that the reinvestment of the petroleum subsidy funds, to ensure improvement in national infrastructure, power supply, transportation, irrigation and agriculture, education, healthcare, and other social services, is in the best interest of our people.


16.    Fellow Nigerians, I know that the removal of the petroleum subsidy imposes an initial burden on our people, especially the rising cost of transportation.  Government will be vigilant and act decisively to curb the excesses of those that want to exploit the current situation for selfish gains.  I plead for the understanding of all Nigerians.  I appeal to our youth not to allow mischief-makers to exploit present circumstances to mislead or incite them to disturb public peace.

17.     To address the immediate challenges that have been identified, I have directed all Ministries, Departments and Agencies of government to embark immediately on all projects, which have been designed to cushion the impact of the subsidy removal in the short, medium and long-term, as outlined in the Subsidy Reinvestment and Empowerment Programme Document.

18.     Tomorrow, 8th January, I will formally launch a robust mass transit intervention programme to bring down the cost of transportation across the country. The programme will be implemented in partnership with state and local governments, labour unions, transport owners, and banking institutions, and supported with the provision of funding at zero interest rate as well as import duty waiver on all needed parts for locally-made mass transit vehicles, which will create additional jobs in the economy.

19.    We will keep these incentives in place for as long as it takes. I want to assure you that Government will not rest until we bring down the cost of transportation for our people.  Let me thank the transporters’ associations that have agreed to reduce transport fares. I have directed the Minister of Labour and Productivity to work with these associations to come up with a sustainable plan to guarantee this within the shortest possible time.

20.     In addition, I have ordered the mobilization of contractors for the full rehabilitation of the Port Harcourt –Maiduguri Railway Line and the completion of the Lagos-Kano Railway Line. I have also directed the immediate commencement of a Public Works programme that will engage the services of about 10, 000 youths in every state of the Federation and the Federal Capital Territory. This will create an additional 370, 000 jobs.

21.    Government has taken these decisions in the best interest of our economy, so that we not only have benefits today, but to ensure that we bequeath even greater benefits to our children and grandchildren.

22.     Let me assure Nigerians that every possible effort will be made to ensure that we march forward, with a collective resolve to build a Nigeria that can generate greater economic growth, create and sustain new jobs, and secure the future of our children.

23.     This Administration will aggressively implement its programme to reposition and strengthen our economy, while paying adequate attention to the immediate needs of our citizens.

24.     I assure you all that we will work towards achieving full domestic refining of petroleum products with the attendant benefits.

25.     As I ask for the full understanding of all Nigerians, I also promise that I will keep my word.

26.    Thank you. May God bless you; and may God bless the Federal Republic of Nigeria.

Goodluck Ebele Jonathan, GCFR
President
Federal Republic of Nigeria
January 7, 2012

EMBARGOED: NOT FOR BROADCAST BEFORE 9.00PM, JANUARY 7, 2012

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12 thoughts on “Text Of President Goodluck Jonathan’s Address To The Nation On 07/01/2011 On The Removal Of Fuel Subsidy.”

  1. I think the speech was ok, and the promises he made are also good. But i also think all these facilities should have been put in place, before the commencement of the deregulation policy. We all know that in Nig, no price goes up and ever comes down. But again, where my problem lies is in the area of trust. How are we even sure that their take-home have indeed been cut? Our gov’t is the best, when it comes to policy-making. However, implimentation becomes a difficulty, for selfish reason. It’s hard to trust a gov’t that condoles corruption. The said cabals are well known to the gov’t, but they are seen and regarded as sacred-cows. What’s the guarantee that the money realised from this policy will not be diverted into private pockets of this untouchables. So, I think gov’t should work more on building people’s trust in them. And they can only do this by leading by example.

  2. Dis speech is making no senses.if u’re a leader u shuld ready to scarifce ur last breath.let him subsidies his salary nt d oly place we beneft 4rm them

  3. All wat mr president promisin we Nigerians now;is it not dis dsame corrupt & selfish leaders will be incharge of everything?collectin money frm unemployed youths,puttin only their families in federal service but negleting other Nigerians youth.B4 helping u in2 federal service u must collect a letter frm a well known politician or a corrupt leader like dem.moreover,u are talking about transportation & roads construction…we cant counts how many times d federal govt. had givin out contracts on every federal roads &railways in dis contry,tell me where is d results of d completed roads & railways u people av paid billions over billions upon?or tell me d result of trillions of naira d federal govt av been spendin on electricity?yet no light &all roads ar dead trap.mr Goodluck let me tell u if u dont kno,a country livin in darknes(power failure)always will neva move foward & a country wit no security will neva settle.so wat we ar expectin frm u is good livin 4 every Nigerians not selfish interest deregulation

  4. Price Per Litre Of Petrol In Nigerian Currency
    Yesterday at 10:27:37 PM »
    Position Country Average price per litre
    1 Venezuela N5.84
    2 Saudi Arabia N17.52
    3 Libya N15.95
    4 Turkmenistan N25.70
    5 Bahrain N39.42
    6 Kuwait N30.66
    7 Qatar N32.12
    8 Egypt N15.95
    9 Oman N46.82
    10 Algeria N46.82
    11 UAE N54.02
    12 Malaysia N73.00
    13 Indonesia N81.14
    14 Russia N90.52
    15 USA N108.04
    16 Mexico N81.76
    17 UK N265.00
    18 Nigeria N140.00

    Is Mr President aware of these fuel prices, if these countries can survive, then he should look for better solutions to Nigerian problems. Fuel subsidy removal is definitely not the solution to our problems.

    Virtually all infrastructures work in all these countries except Nigeria. And virtually all of them have social welfare programs for their citizens. For example, in Germany, UK or USA, you get monthly allowance from government if you are jobless. Also, if you earn so little to be able to take care of yourself, children, they give you child allowance, if you can’t afford to pay for a modest apartment, govt pays the balance for you monthly (whether you’re employed or not!), etc. In Nigeria NOTHING is provided!
    You generate your own electricity, you drill your own borehole for
    water, you gather together in the neighborhood to contribute
    to buy transformer, you patch up the road yourselves through
    residents’ associations, no medical facilities, university are closed
    down, etc! We call our self the giant of Africa, still, nothing work out
    good here…. WHICH WAY NIGERIAN
    Is fuel subsidy removal actually the way forward to resolve the Nigeria problems, I think the answer is capital no: The government should look for solutions to our great nation problems, it might be very difficult to find solutions to the problems because most of them in the government are the problems of Nigerian, unless the govt look inward within themselves who call themselves leaders and find lasting solution to Nigeria problems. I doubt if this could be possible in our present generation, because corruption as eating an average Nigeria to the bone, it’s in the blood that follows in our vein hence it has gradually become generational hereditary problem in an average Nigeria. Any single chance of getting a place in the govt the slogan is if you can not beat them you join them. It’s time to take an inventory of all our past leaders that is anybody who by one way take part in the government or work in any government setting right away from local govt to federal level and hold them accountable for their past stewardship is Nigeria. This is not the time for riot to destroy life and properties. We should make them to pay for what they have taken away for us, we need to collect them and put it back into the system to solve our problems. Fuel subsidy removal is another way to create wealth to some set of people again. The money will never be available to solve our problems, hence will even add unto it because they will use the money to enrich themselves to extend that they will become untouchable. The Nigeria Youth should call for National conference by sitting in the round table to discuss the way forward not by fighting now. It is time to find lasting solutions to our great nation [Nigeria] problems.

    The second pressing problems in Nigeria now is the Boko Haram issue, who are actually the Boko Haram it’s these people call themselves Leaders in the govt circle mostly the past Leaders who are not highly favoured in this present GEJ Government, they are just trying to discredit the present govt. The issue here is to deal with both the present and past Leaders of our great nation. They are to pay for the present predicament of Nigerian both home and abroad. You can never hear that one of their children was a victim of Boko Haram people only the innocent Nigerian are victims of their evil acts. Also there is no amount of increase in fuel price that they can not afford they can even buy the whole refinery, some of them even have their own private refinery so how can they fill the impart fuel subsidy removal or people dying by bomb blasting of Boko Haram. It‘s time to challenge our leaders and hold them accountable for their selfishness and corruption in every area in Nigeria……………….. to be cont.

  5. I know one thing that to become a CHAMPION is not an easy task and to every SUCCESS in life there is a time of seed… I think this is time for the Nigerian’s citizen to sow because there season and time to everything under heaven, also there is no end for harvest but there is always short time to sow… Please, let bear this burden with Mr. President now in order not pay for what we ought to have paid for now… I did a course recently in my final year: at the onset of the course it coordinator said there will be presentation every thursday 7-10am, it was nearly all of us that complained but may I tell you what happened? THERE IS NONE OF US THAT CAN’T STAND WITH BOLDNESS ANYWHERE TO PRESENT IRRESPECTIVE OF NUMBER OF THE AUDIENCE but it wasn’t sweet at the starting point. In addition, we all hated the lecturer but all thanks to God through him.

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