Fayose Says FG Created Fuel Scarcity To Raise Petrol Price
His logic seems to make sense based on history but is his accusation based on verifiable facts? Only Governor Fayose can answer that question.
The Ekiti State Governor has accused the Federal Government of deliberately causing the current scarcity of fuel in Nigeria to enable it justify the planned increment of petrol pump price from 145 Naira to 185 Naira per litre.
Really, there have been times in the past when fuel scarcity led to increments and Nigerians accepted it as a bailout from their sufferings.
What we cannot tell is if this has ever been deliberate by any government.
The governor, who said the Federal Government, was being insensitive to the plight of Nigerians, added that “petrol is scarce across the country because the Federal Government deliberately reduced supply since it is only the Nigerian National Petroleum Corporation (NNPC) that is importing the product".
Governor Fayose’s Special Assistant on Public Communications and New Media, Lere Olayinka, quoted him as saying in a release issued on Sunday, that “Allowing fuel scarcity to persist for over two weeks when Nigerians are preparing to celebrate Christmas and New Year is the height of wickedness on the part of the All Progressives Congress (APC) Federal government.
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"Funny enough, instead of directing its anger to President Muhammadu Buhari, who is the Minister of Petroleum, on December 7, 2017, the Federal Executive Council (FEC) choose to give the Minister of State for Petroleum, Dr Ibe Kachikwu seven days ultimatum to end the fuel scarcity.
"Today is December 17, exactly ten days after the misplaced ultimatum was given, the situation has even gotten worse.”
"By the time the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) goes on strike as being threatened, the whole country will be shut down and one wonders what will become of Nigerians that desire to move around during the festive season.”
Governor Fayose, who said it was necessary for the federal government to tell Nigerians the truth about the situation of fuel supply, noted that it was the restriction of supply of petrol to NNPC alone that had put Nigerians into hardship.
"It is only the NNPC that is bringing products in; and the result is the scarcity being experienced now.
"The thinking is that by the time the scarcity persists for like one month, with Nigerians already buying at N200 per litre, the people will jump at it if petrol is increased from N145 to N185 per litre.
"This time, Nigerians will resist any attempt to further impoverish them by increasing the pump price of petrol.”
There has been
consistent information about fuel coming into Nigeria, but the fuel pump
nozzles at most fuel stations across Nigeria are dry. The supply seems
to end at the Apapa depot in Lagos.
Some fuel stations have already raised price to over 160 Naira and Nigerians, who are in the dark as to why the scarcity has persisted, are buying at that price.
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The last time the current administration raised the price of petrol from 86.50 Naira to 145 Naira, it was blamed on the drop in Naira value, a situation that had triggered scarcity at that time.
Again, in the past few days, the Naira has continued to shed weight against the dollar, despite the intervention of the Central Bank, which has continued to pump foreign exchange into the system.