President Goodluck Jonathan had on Tuesday sent a request to the National Assembly to approve an additional N161.6 billion to ensure steady supply of petroleum products during the festive season.
Senate President, Sen. David Mark, however, decried the high level of corruption being perpetrated under the fuel subsidy scheme, the News Agency of Nigeria reports.
He urged the Federal Government to stop the fuel subsidy if it was unable to stop the high level of corruption being perpetrated under the scheme.
“It is not a secret anymore that there is so much corruption in the fuel subsidy industry in whatever system they are adopting.
“The nation must make a decision now, whether to continue this or to stop it.
“The nation must make that decision sooner than later because we cannot carry on this way.
“If they can’t eliminate and stop the corruption in the system, then, the other alternative will be to stop the whole exercise of the fuel subsidy.
“We must take the one that is easier and the one that will bring less pain to Nigerians,” he said.
Mark commended the lawmakers for supporting the quick passage of the supplementary appropriation, in the interest of the masses.
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