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Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial - Politics - Nairaland

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Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by Ofunaofu: 6:21am On Nov 22
THE movement of petrol pump price to N170 per litre is, again, threatening to rupture our economic and industrial harmony. This followed the hike by the Nigerian National Petroleum Corporation, NNPC, of the wholesale price of PMS from N147 to N155.

What it means is that between June and November this year, Nigerians have been made to cough out extra N61 per litre at a time they are still struggling with economic woes arising from the COVID-19 pandemic and sky-high inflationary costs, especially of foodstuff.

Predictably, the Nigeria Labour Congress, NLC; the Nigerian Employers Consultative Association, NECA; and other organised groups within the economy, have risen in lamentation over the increased suffering this will bring.

The Minister of State Petroleum Resources, Timipre Sylva, has already debunked the notion that this is another Federal Government fuel hike. He reminded us that following the total deregulation of the downstream sector, the prices of refined products are bound to go up and down in response to changes in the international market.

He also blamed the price hike on the rise of crude oil prices due to the discovery of a COVID-19 vaccine by Pfizer.

No amount of explanation by the government can exonerate it of its failure to fix the age-old problems of our downstream petroleum sector. It had promised to reform the sector by fighting corruption, reviving the refineries and facilitating the establishment of modular refineries. Incidentally, President Muhammadu Buhari has been the Minister in charge of that portfolio.

Yet, almost six years into his tenure the situation he met in 2015 remains the same. The only noticeable change in the sector is a poorly-executed “deregulation” which still keeps the NNPC as the sole petroleum products importer and dictator of wholesale prices.

We have been ardent supporters of deregulation, but not the way it has been handled by this regime. The deregulation of the industry without first making Nigeria self-sufficient in local refining of petroleum products is a failure of governance. Deregulating amidst continued monopoly of importation of products by the NNPC is a total abandonment of the suffering citizenry to the vagaries of the international oil market.

Government only wants to harvest money from the people and spend rather than do the dirty work of reforming the sector and fixing our refineries.

Unfortunately, Organised Labour, which the people have come to look up to, to pressure the Federal Government to do its job, has failed our expectations.

There are no alternatives to making Nigeria self-sufficient in local refining of petroleum products. We must fix our refineries and build new ones. It is only in today’s Nigeria that such an elementary science is made to appear herculean.

https://www.vanguardngr.com/2020/11/fuel-fg-labour-have-failed-nigerians/

15 Likes 1 Share

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by Lordjiggs09(m): 6:25am On Nov 22
Shaking my head.

9 Likes

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by Redoil: 6:27am On Nov 22
labour Union leaders are known to collect bribes from govt officials
so I am not surprise at their deafening silences

54 Likes 4 Shares

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by Ofemmanu1: 6:32am On Nov 22
Buhari said the price is determined by "Forces"
Who are the forces?!

It is buhari and his cows.

The sad thing is; good people stopped talking.
buhari has given them kunu laced with cow shitt drink cos if it were the previous administration, all hell will let loose at that otuoke man.

31 Likes 1 Share

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by sinistermind(m): 6:33am On Nov 22
We don't need a whole Editorial to tell us that except some people are still leaving in Denial

18 Likes 3 Shares

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by akinmusi(m): 6:35am On Nov 22
Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by Mgbadike80: 6:52am On Nov 22
All these problems can be solved by either restructuring the country or disintegrating it. The new regions or countries would be larger than present day states which would make them to be economically viable enough to build their own refineries. #Biafraisthesolution

18 Likes 1 Share

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by LibertyRep: 6:53am On Nov 22
Labour in particular
Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by MickzyDonald: 6:57am On Nov 22
Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by Agbegbaorogboye: 6:59am On Nov 22
Baba risesan and failure na 5&6

1 Like 1 Share

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by inoki247: 7:08am On Nov 22
No be fail dem fail infact dem be disgrace especially this set of NLC that can't last 2 seconds before dem cum...

6 Likes 1 Share

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by Amspecial: 7:08am On Nov 22
grin
Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by Dpharisee: 7:09am On Nov 22
Not only Labour but Nigerians have been cowed, we saw this coming but fell for the propaganda of fake 'integrity'.
Buhari as Minister of Petroleum can now increase fuel at will and there is nothing we can do about that except to lament online or at tea and beer joints.

21 Likes 1 Share

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by Olawumi1032(f): 7:09am On Nov 22
so painful,

1 Like

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by mayskit4luv(m): 7:10am On Nov 22
Naija na real Joke!

2 Likes

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by FLYFIRE(m): 7:10am On Nov 22
WE MUST RESET THIS COUNTRY IN 2023 PERIOD. We will see the idiots that will campaign for these idiots in 2023.

9 Likes 1 Share

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by datola: 7:10am On Nov 22
Government only wants to harvest money from the people and spend rather than do the dirty work of reforming the sector and fixing our refineries.
They want to have more money to their private pockets

Unfortunately, Organised Labour, which the people have come to look up to, to pressure the Federal Government to do its job, has failed our expectations.
Those ones are not ASUU! FG buys them latest Range Rover Autobiography.

There are no alternatives to making Nigeria self-sufficient in local refining of petroleum products. We must fix our refineries and build new ones. It is only in today’s Nigeria that such an elementary science is made to appear herculean.
They are waiting for their business font, Dangote to continue the monopoly.

7 Likes 1 Share

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by zeusdgrt(m): 7:10am On Nov 22
Failed in all aspect

SECURITY FAILED
ECONOMY FAILED
GOVERNANCE FAILED
HEALTH FAILED
EMPLOYMENT FAILED
SPORTS FAILED
INFRASTRUCTURE FAILED
POLICIES FAILED
INTERNATIONAL RELATIONS FAILED
EDUCATION FAILED
FOOD AND ESSENTIAL FAILED
POWER SECTOR FAILED
INFORMATION FAILED
ENTERTAINMENT FAILED

Nothing good and they are still giving excuses upon excuses.

16 Likes 1 Share

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by AroleOduduwa2: 7:11am On Nov 22
My problem is with the populace who voted Buhari, most of them witnessed how he singlehanded drove us to recession in the early 80s.

I don’t know if he’s wicked or just dumb, he closed land border back then which impacted us the wrong way, came back after 30 years to do the same.

Signed decree 4 which is basically what they are trying to achieve with the social media bill.

Nigeria will never move forward as long as we choose our leaders based on religious and ethnic sentiment

14 Likes

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by Neddstark: 7:11am On Nov 22
This is the only reason why I love Oshiomhole. He was ready to drag it down with Obasanjo over the fuel increase then. He was the voice of the people. However, Labour today is simply a mere joke. None of them willing to have that fight for the people.

3 Likes

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by Untainted007: 7:11am On Nov 22
Even Vanguard too has failed Nigeria wit sugar coated news. The father of all the failure is Bubu. So much was expected frm him but he really goofed.

8 Likes

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by Proudlyngwa(m): 7:12am On Nov 22
Vanguard has failed itself
So price of commodity should not increase when raw material increases

2 Likes 1 Share

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by tolexy007(m): 7:12am On Nov 22
May NLC leaders suffer for 800yrs

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Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by Psylas2: 7:12am On Nov 22
Nigeria is a failed state.

2 Likes

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by Wickedfact: 7:12am On Nov 22
Neddstark:
This is the only reason why I love Oshiomhole. He was ready to drag it down with Obasanjo over the fuel increase then. He was the voice of the people. However, Labour today is simply a mere joke. None of them willing to have that fight for the people.

As NLC President, Oshiomole locked down Nigeria for 2 weeks because of disagreement over 5 Naira increase in fuel price.

The current set of NLC guys are thieves and charlatans. They encourage oppression of the masses so that they can collect bribes from the oppressors.

12 Likes 1 Share

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by Brandonx(m): 7:12am On Nov 22
Buhari came into power using all types of propaganda and fake promises undecided 5 years after we are yet to see any change.

5 Likes 1 Share

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by DMerciful(m): 7:12am On Nov 22
Fg under Bubu has always been a failure!
NLC is very dead!
APC is a scam organization pretending to be a political party

9 Likes 1 Share

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by princemillla(m): 7:13am On Nov 22
my observations, if this government was able to maintain dollar exchange rate back to say 87 naira and fuel price to say 100 naira. It would have earned respect from many. But reverse is the case.

The most annoying thing is befor they came on-board, they say them be failure and funnily they are clearly exhibiting that failure

6 Likes

Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by GIANTPLUSHUB: 7:13am On Nov 22
Mheen! No be small fail....
Re: Fuel: FG, Labour Have Failed Nigerians - Vanguard Editorial by ManInTheSky: 7:13am On Nov 22
they will still blame the youths and endsars protesters for this as well

next election you people will still vote in unenlightened, over aged idiots into government based on tribal sentiments or political party

13 Likes 1 Share

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