Budget 2012 - It's Corruption Subsidy, Not Fuel Subsidy

During his presentation of the 2012 budget to the National Assembly, last Tuesday, President Goodluck Jonathan avoided making a categorical statement on the status of "fuel subsidy" that had allegedly consumed N1.5trillion of the nation's resources this year. Nevertheless, he made no provision for the subsidy in his allocations to the various sectors. Nigerians waited for finance minister Ngozi Okonjo-Iweala to fill in the blank on Wednesday. But she, too, was evasive. The president, she said, was consulti