By BUUMBA CHIMBULUPROCUREMENT and handling of fuel should be cleaned up by Government to ensure that the perceived wastage is removed.It would be better to clean up the procurement and handling of fuel so that the perceived wastage is eliminated, according to the Financial Analysts, Naylor Kopakopa.Mr Kopakopa stated that it was important for the Government to look at how much subsidy would be reduced if they clean up the fuel procurement system.“By how much would we reduce the subsidy amount if we clean up our fuel procurement system? It would be better to clean up the procurement and handling of fuel so that the perceived wastage is eliminated,” Mr Kopakopa said.He indicated that there was no economic benefit in removing fuel subsides from an economy that was bleeding and during Covid-19 period when almost every country was supporting their economies.Mr Kopakopa however said there was no moral justification in keeping fuel subsidies when the […]
Clean up fuel procurement system – Expert
