'I don’t know what fuel subsidy means' - Buhari

In a new interview with Daily Trust , President elect, Buhari expressed reservations over claims by the government of subsidizing the petroleum sector. He spoke on how during his time as Military leader, they were able to make fuel available at all times. Below are excerpts of what he said in the interview One burning issue is fuel subsidy. I believe you are aware of the queues in major cities like Lagos and Abuja. The fuel importers say they are unsure of the direction of the new government in this area. Have you considered maintaining or withdrawing this subsidy or are you questioning whether it didn’t exist at all? One of the problems I have, other than the military, is the petroleum industry where I served for three and a half years under General Obasanjo. When people start talking about this subsidy I honestly get confused. I will tell you this, and I hope it will answer what you want to know. Back then we had a refinery in Port Harcourt, which was refining 30,000 ba...