How come it has been difficult for the government to educate Nigerians?
They have tried. This is a tough terrain. You must understand the intricacies because it is wrapped up in emotions. People shout price adjustment but what we did is liberalisation. NLC was supposed to be part of the Committee. What went wrong? At the very end of writing the earlier report, they said we have turned ourselves into another price adjustment committee. They said their own belief is to bring the refineries back and liberalise. Whatever that means. But liberalisation is opening up and not deregulate. What if we open the door and nobody is coming in, are we not back to square one? Labour says your cost computation be written off, cancel port charges, cancel cost of money, these are elements of cost that produces the resource. These are real costs that must be harmonised. Labour said there was nothing like that. I have never seen any economic accounting that will not put to consideration costs of production. The real elements of cost which has to be built in. If you do not do i
