‘Fuel Subsidy Fuelled Piracy, Sea Robbery’

SAMSON ECHENIM
Senior Special Adviser to the President on Maritime, Mr. Oyewole Olugbenga Leke, has attributed the incessant incidence of piracy and armed robbery at sea on the nation’s waterways to subsidy on petroleum products.
Leke, who said this in Lagos at a seminar with the theme:“Removal of Fuel Subsidy and Impact on the Maritime Industry,” organised by the Maritime Reporters’ Association of Nigeria (MARAN), explained that subsidy made the premium motor spirit

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