₦airaland Forum

Oil Crisis: Buhari demands immediate reduction in fuel prices
Januray 13, 2015

The presidential candidate of the All Progressives Congress, APC, Muhammadu Buhari, has called on the Nigerian government to implement immediate price reduction on fuel products to reflect the downscaling in global oil prices.
Speaking through his campaign organization, the All Progressives Congress Presidential Campaign Council, on Monday, Mr. Buhari asked the government to “stop stealing from Nigerians and allow them enjoy the relief that has come to consumers of petroleum products globally”.
A statement from the Directorate of Media and Publicity of the APC presidential campaign said it was disturbing that in spite of the fall in the global price of crude oil, Nigerians still buy petroleum products at pump prices as if the global price of crude oil had remained at $100 (USD) per barrel.
The statement said: “The current attempt by the government to deregulate the prices of some petroleum products has been completely compromised to satisfy few money bags to the detriment of the Nigerian people and the economy.
“The price of diesel which has been deregulated since 2009 still sells at the pump price of N150 and N170 per litre, the same pump price when the international benchmark per barrel of crude was over $100. Now that the international benchmark has dropped to $47.5 (USD) per barrel as at Monday, we ask: where is the deregulation and the relief which it ought to bring to local consumers of diesel?
“For the Nigerian consumers, unfortunately the collapse of crude oil price since October 2014 has not translated into any change in diesel, kerosene and PMS prices across the country.

GodpunishBuhari:
God punish Buhari

Truckpusher:
I can bet my black ass that they voted for change .

nikkiking:
Buhari wakeup pls

Biko leave buhary alone let him sleep well