– The fuel price wen dey increase still dey front-burner for Nigeria
– Former minister for petroleum ati energy, Prof Tam David-West don chuk in month and voice for debate
– David-West na one of the vocal supporters for President Muhammadu Buhari
The decision wen the federal government make to comot petroleum subsidies wen con increase pump price for one litre of fuel never sweet Professor Tam David-West well well.
Na him be vocal supporter for our presido Buhari, him con be the former minister for petroleum ati energy.. Him don shout kweke for the Federal Government head for say dey increase the price, say he no make sense.
Wen hin dey talk for Daily Sun yesterday, May 20, for ibadan; for Oyo state, David-West talk say dey fit sell petrol for N40 per litre for inside Niaja
David-West don talk this things before dey do 2015 general elections wen him make mouth say dem go sell petrol for N40 per litre if dey make Buhari our presido.
According to wetin him talk him say, Petroleum Equalisation Fund (PEF), demurrage, charges from Nigerian Ports Authority (NPA), jetty ati depot charges, retailer’s margin for inside petroleum, transporter’s margin for inside petroleum, dealer’s margin for inside petroleum, illegal waka pass borders, storage and many many charges wen dey put on top price fpr PMS.
Oya read wetin him talk: “When I heard the minister of state for petroleum (Ibe Kachikwu), saying they smuggled our petrol across borders and that was the reason for the increase, it is nonsense. I used the word nonsense because during my time, we closed the borders. If I could do it, he could do it too; and it is the same head of state (Buhari).
“We ensured there was no petrol station several kilometres to the borders. Government would not approve fuel station that is close to the borders. Another illogicality of that argument is if you sell petrol in Nigeria for N150 per litre, the people across the borders are ready to pay N160; if you sell for N200, they are ready to pay N210. So, there will still be smuggling. So, increasing petrol price in Nigeria does not stop smuggling.”
He noted further that “the fuel price increase is confusing. A government official said it is subsidy removal, which is not. Another one says smuggling, which is untenable. Foreign exchange (Forex) was also mentioned, which is partially tenable because the country’s foreign exchange has gone down drastically. So, it is so difficult now to source forex to import fuel.
“If I am into managing of oil and foreign exchange goes down, why should a man on the street pay for it? No matter the reason, N145 per litre is not justified. If they removed all the unnecessary additions on the price of petroleum such as bridging or Petroleum Equalisation Fund, dealer’s margin, transporter’s margin, retailer’s margin, storage, depot margin, and NPA charges, petrol price will come down to N40 per litre.”
Him say all the excuse wen dey get to take announce the policy say him no accept ham, say the national chairman for All Progressives Congress (APC), Chief John Odigie- Oyegun and Kachikwu say the reason wen the fuel price take go up say he dey very necessary cause of subsidy wen dey comot, but our Vice Presido, Prof Yemi Osinbajo , say n because foreign exchange.
Oya read wetin him talk: “What they are doing is embarrassing to him. Buhari has said it repeatedly that there is no subsidy. I stand by him that there is no subsidy as such. If you say you have come to remove subsidy, will you remove what does not exist?
“Kachikwu, I don’t know him and I have never met him before; he is brilliant from his CV (Curriculum Vitae). I respect him for his CV. He has got a very beautiful CV. But sometimes, he says things that are, to me, outrageous.
“A business man runs a business to make profit. Government should encourage businessmen to be in business by allowing them not to run at a loss. Government also has a responsibility to make sure that businessmen do not exploit the people.
“Right now, we are interested more in businessmen making profit while they (government) turned their back to common man being exploited or suffering.”
As he dey go: Vehicle Owners Association of Nigeria (VOAN) don say dey no take the decision wen federal government make for them to comot petroleum subsidy, wen be say socio-economic hardship dey look our face for inside our country.
The group them con say make them reverse that policy Sharpe sharpe wen dey con blow one grammer say it is “obnoxious and anti-people”; say make President Buhari fine solution o
ConversionConversion EmoticonEmoticon