How Tinubu can bring down price of fuel, by ex-lawmaker
A former member of the House of Representatives, Hon Joseph Akinlaja, has called on President Bola Tinubu to deal with manipulators in the oil sector to bring down the price of fuel.
Akinlaja, a former Secretary General of the Nigeria Union of Petroleum and Natural Gas workers (NUPENG) said Nigerians should not expect a drastic reduction in the price of fuel from Dangote refinery
He spoke in Ondo town during the 90th birthday celebration of the Lisa of Ondo kingdom, High Chief Simeon Oguntimehin.
Hon Akinlaja said stakeholders want to take advantage of the current situation in the country to make money for themselves.
According to him, “The current situation with fuel in the country is a result of mismanagement of our system. It is a shame that we have crude oil and we cannot refine it.
“There is no way you can control what you import because of foreign exchange and the rates which includes he cost of transportation
“The way we have floated our naira makes it hard. It is something that got spoilt a long time ago including leadership failure. In other countries without crude oil, they buy fuel at a relatively cheaper rate because of the way they arranged themselves.
“People look for free money in high places. The hardship is uncalled for and unnecessary. The price of fuel will not reduce significantly with the coming of Dangote refinery but it will come down a little but if manipulators within the system can be dealt with by the government.
“The face off between the NNPCL and Dangote refinery will soon go off. Everybody is trying to take advantage to make money for themselves. I am positive they will resolve the issues.”
