''South Africa served notice yesterday that with the lifting of the sanctions on Iran she may no longer buy Nigerian oil,'' he wrote on Twitter on Wednesday night. ''Price of crude is now $27, its lowest level in 13 years and analysts have revised their projections from $20 to $18 shouldn't our response as an economy dependent on oil be use the 2016 to cure our addiction to crude oil? When oil was $60 petrol was ₦87, now that it is less than $30 the price is ₦86.50. The math is wrong. The collapse in oil price affords govt opportunity to take its hand off fixing petrol price & leave it to market forces. Time has come for Nigeria to turn our energies from fuel subsidy to more pressing issues such as high youth unemployment. If we are borrowing, we must borrow to develop infrastructure and create jobs not to pay ourselves salary. I have no problem with the high level of borrowing in Buhari's budget on condition that we don't borrow to pay salary. Nigerian leaders aren't leading. Our people are the ones leading. We focus on the past, they're talking of the future.
''Finally, if you are able to consistently buy fuel at ₦86.50 retweet this. If not then share this,'' he asked.
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