The Nation Newspaper

Tag: fuel prices

  • Arrest rising cost of food, fuel prices, organisation tells Federal Government

    Arrest rising cost of food, fuel prices, organisation tells Federal Government

    A  non-governmental organisation, Christian Conscience, has appealed to the Federal Government to address the rising cost of fuel and food items.

     The ripple effects of high fares as a result of hike in fuel prices is becoming unbearable. Government, it said, must ease the burden of citizens.

     This was a resolution after its meeting in lkeja yesterday.

     In a statement by National Chair, Yetunde Akinluyi and National Secretary, Kolawole Verrals, it said: “Mr President, there is hunger, scarcity of food. When available, it is expensive. You must intervene”.

    Read Also: EFCC and the governors

     The group  noted that “the government should expedite action on CNG initiative which will cut down on prices of fuel.

    ‘‘We are told your government is doing everything to make this initiative go round, more energy and funding should be deplored”.

    They note that mediation is necessary. “Mr President should also urgently intervene in the face off between marketters, NNPC and Dangote refinery, so that the much awaited succour we expected from Dangote can trickle down to the masses”.

     Another issue worthy of note is the high tarrif on electricity that is causing small scale business to fold up.

     “Though the improved constant and regular power supply is appreciated but then, it is the responsibilities of government to cater to the needs of the people in these areas.

    We urge the government to find a way of reducing the high tarrif across the nation”.

  • Petroleum dealers urge FG to address rising fuel prices

    Petroleum dealers urge FG to address rising fuel prices

    The Petroleum Dealers Association of Nigeria (PEDAN) has called on the federal government to take immediate action to address the escalating fuel prices that are affecting businesses and consumers across the country.

    Ebonyi state chairman of the association, Mr. Silas Njaka, made the call in Abakaliki, the Ebonyi State capital a day after the state government sealed off three filling stations in the state over alleged metre adjustments and other sharp practices.

    Mr. Njaka blamed the persistent rise in the pump price of petroleum products in the country on the removal of fuel subsidy by the federal government and called for immediate action by the president to address the challenges.

    He said: “The petrol pump price at the depot on Thursday was one thousand one hundred and fifty-five naira. I remember that I bought a litre of fuel at nine hundred and ten naira before, but today it is one thousand one hundred and fifty-five naira at the depot and this is happening, because of the removal of fuel subsidy.”

    Read Also: Five causes of bad breath

    The PEDAN chairman urged the federal government to explore means of ameliorating the sufferings of the people, by urgently addressing the challenges in the country’s oil industry.

    He said: “Remember, in this country, there is nothing like fuel scarcity again. The Federal Government should rethink how to assist the poor masses because we are dying. Everything has gone out of control and it’s no longer favourable to anyone. The sellers and the buyers are crying and everybody is deeply involved.”

    Njaka further opined that the persistent crisis in the oil sector, which was occasioned by the continued rise in fuel pump prices, can only be tackled by the Federal Government, through the Nigeria National Petroleum Corporation, NNPC.

    He, however, condemned the incessant cases of adjustments of dispensers by some filling stations, adding that the act is “criminal and unpatriotic.”

    “The act is a crime and no filling station is expected to do that. So if you see any filling station indulging in that let me know, and the agency instituted to monitor petrol stations, the Department for Petroleum Resources, DPR, will take appropriate actions to checkmate the owner of such filling station,” he added.