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...towards a better life for the people VOL. 25: NO. 61755 ** ONLINE | N150 FRIDAY, NOVEMBER 16, 2012 Gunmen kill family of six in Kaduna •P.7 Nollywood Actor, Pete Eneh, dies •P.14 in Enugu Oil subsidy must go — Jonathan “Why is it that people are not building refineries in Nigeria, yet it is a big business? It is because of the policy of subsidy and that is why we want to get out of it”. BY BEN AGANDE A BUJA—PRESI DENT Goodluck Jonathan declared, yesterday, that fuel subsidy must be removed, arguing that this was the only way to encourage private investment in the nation’s refineries. The president made the declaration just as the report of a study commissioned Continues on Page 5 Irrational remedies •P.19 07059197616 Deepening debt profile in a •P.56 worsening security DONU KOGBARA: •P. 17 Mr & Mrs RARE ROYAL VISIT— Governor Adams Oshiomhole of Edo State and Oba of Benin, Omo N'Oba N'Edo Uku Akpolopkolo, Oba Erediauwa 11, CFR, when the royal father paid a rare visit to the Governor to congratulate him on his re-election and 2nd term inauguration, yesterday in Benin. With them are Prof. Julius Ihonvbere (2nd right); Hon. Patrick Obahiagbon (3rd right). 4 feared dead in fresh Lagos multiple auto crash •P.9

Oil subsidy must go— Jonathan

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