NOIweala Ngozi Okonjo-Iweala
We are showing month by month how the funds will be used. It will be published for everyone to see how the funds will be utilized.
NOIweala Ngozi Okonjo-Iweala
We shouldn't allow past failures to dictate the future. We are committed to making Nigerians understand this process.
NOIweala Ngozi Okonjo-Iweala
Removing fuel subsidy wasn’t an easy decision for this government to take. But it is a decision for the future.
NOIweala Ngozi Okonjo-Iweala
Removing the fuel subsidy is a difficult decision for any government to make.
NOIweala Ngozi Okonjo-Iweala
Part of the savings on subsidy will go to States and Local Governments who already have plans.
NOIweala Ngozi Okonjo-Iweala
We will work with the private sector to create jobs. We have a plan to create 370,000 jobs in 2012. That’s a core focus for this government.
NOIweala Ngozi Okonjo-Iweala
The government will not RUN the refineries; the government will INVEST in refineries by partnering with licensed private sector operators.
NOIweala Ngozi Okonjo-Iweala
We will invest in refineries only in conjunction with the private sector, so we can ensure that we have working refineries.
NOIweala Ngozi Okonjo-Iweala
It is important that our refineries work because when they do, the price of fuel will reduce significantly.
NOIweala Ngozi Okonjo-Iweala
We are using the subsidy savings for roads. When you have good roads, transporting goods will be cheaper.
NOIweala Ngozi Okonjo-Iweala
The savings on fuel subsidy will be used to hasten projects on ground. About 6000 of them are yet undone.
NOIweala Ngozi Okonjo-Iweala
We have an additional budget that will capture subsidy savings in the 2012 budget.
NOIweala Ngozi Okonjo-Iweala
We are moving away from subsidizing consumption to subsidizing production and developmental projects like roads.
NOIweala Ngozi Okonjo-Iweala
The NEEDS document is a medium-term plan, the SURE document is a short term plan on effective management of the savings on the fuel subsidy.
NOIweala Ngozi Okonjo-Iweala
We want to clarify this: Nigeria is not broke. But, if we do not take the right steps now, in 5 years we will be broke.
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NOIweala Ngozi Okonjo-Iweala
I am on AIT right now. Please tune in to watch. Thank you very much.
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