Buhari Wake Up, Fuel Scarcity Is Reducing Productivity – Oby Ezekwesili

Buhari Wake Up, Fuel Scarcity Is Reducing Productivity – Oby Ezekwesili

By Signal on November 25, 2015
FILE: Obiageli Katryn Ezekwesili, Vice-President, Africa Region, World Bank, Washington DC in Access to Energy held During the World Economic Forum on Africa 2009 in Cape Town, South Africa, June 12, 2009 | WEF

A former Minister of Education, Mrs. Obiageli Ezekwesili, said on Tuesday that Nigerian citizens were losing huge productivity hours to find and buy fuel products.

A situation, she said, was inconsistent with Nigeria’s desire to improve efficiency.

She also lamented that Nigeria squandered the opportunity to build its reserve and Excess Crude Account to close to $100 billion.

Ezekwesili in several tweets said it was shameful to see people who oversaw and supported the depletion of Nigeria’s huge oil reserves for six years walking freely.

Her tweets read: “The tragic thing is seeing people who oversaw or supported the depletion of huge revenues in six years stumping around. #GetShamePeople.

“What a HUGE DIFFERENCE, had Nigeria BUILT UP RESERVE including Excess Crude of say $100billion as should have been! SQUANDERED OPPORTUNITY.”

She said most citizens do not want “endemically corrupted” oil subsidy scheme to continue, adding that the Federal Government must convince Nigerians with credible sector reform plan.

The former minister added that President Muhammadu Buhari must make hard choices to address fuel scarcity in the country.

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