Fuel price increase is beyond Buhari’s control - Minister of state for petroleum resources, Timipre Sylva

-

 Fuel price increase is beyond Buhari’s control - Minister of state for petroleum resources, Timipre Sylva



Fuel price increase is beyond Buhari?s control - Minister of state for petroleum resources, Timipre Sylva
The minister of state for petroleum resources, Timipre Sylva has disclosed that fuel price increase is beyond the control of President Buhari who is also the minister of petroleum resources.

 

The Minister who spoke to newsmen in Abuja on Thursday September 3, said it is unfortunate that citizens are blaming the federal government which is not in charge of fixing the prices of petroleum products, for the increased price. 

 

Sylva stated the focus of the authorities is to protect the interest of citizens. He said; 

 

“Government is no longer in the business of fixing prices for petroleum products, we have stepped back.

“Our focus now is on protecting the interest of the consumers and making sure that marketers are not profiteering.

“Left for him, he will never allow the increase in pump price; for this to happen, it means that it is an inevitable decision. COVID-19 took the price of crude oil to zero zone.”

 

Lamenting on the deceased crude production from two million barrels to 1.412 million barrels per day, Sylva alleged that the deregulation of the sector was politicised.

 

He said; 

 

“Deregulation will definitely come with few pains, but survival of the country is paramount."

Comments

Post a Comment

Popular posts from this blog

Married man destroys Range Rover he purchased for his side chick at a well known dance club in Ikoyi for 'undermining' him (photograph)

-
Image
A married man created a situation at a Lagos Night club when he obliterated a Range Rover he probably purchased for his side-chick after she purportedly undermined him. A photograph from the episode which occurred throughout the end of the week at a famous club in Ikoyi, shows the harmed Reach Meanderer. The man is seen being limited by safety officers as he rains curses on his affirmed sidechick who is likewise troubled at the condition of her vehicle. He can be heard hollering that he got her the vehicle while calling her a whore for undermining him. Some bystanders can likewise seen in the video, getting down on the person for 'cheating' while others apparently faulted the wedded individual for blowing up.
Read more

Scholarly Staff Union of Research Institutions suspends endless strike

-
Image
​ The Academic Staff Union of Research Institutions (ASURI) has suspended its endless strike. Review that the association had left on an endless strike last October over irritating issues with the Federal Government. The association reported the suspension of the strike in a letter to the Minister of Labor and Employment, Chris Ngige, endorsed by its Secretary General, Comrade Theophilus Ndubuaku. The letter read: "The Academic Staff Union of Research Institutions (ASURI), therefore writes to illuminate you regarding our choice to suspend, with quick impact, our continuous strike called to fight the accompanying issues: "Refusal of the regulating services, divisions and organizations (MDAs) to carry out the Conditions of Service (CoS) of Federal Research Agencies, Institutions and Colleges (CoS 19) as endorsed by the Head of Civil Service of the Federation (HCSF) with impact from January 1, 2019. "Refusal of the Federal Government to pay the unpaid debts of 53.7 percent ...
Read more

I have been gone after by individuals who don't comprehend that each activity taken has a main driver, individuals who don't live with all of us - Yul Edochie

-
Image
​ Yul Edochie has again hinted that something pushed him to marry actress Judy Austin and welcome a baby with her. In a recent post shared on his Instagram page, Yul said he has been attacked by people who do not understand that every action taken by him has a root cause, people who do not live with him and his family. His post reads; ''GOD IS PREPARING ME FOR THE PRESIDENTIAL SEAT OF OUR COUNTRY NIGERIA. In the last couple of days I have been insulted by people all over the world who do not know the reasons for my decision. I have been attacked by people who do not understand that every action taken has a root cause, people who do not live with me and my family therefore they will not know what inspired my action. Have I insulted any of the people insulting me? No. Have I attacked any of them? No. I have remained calm. That’s the quality of a leader!!! God is putting me through all of this to prepare me for the Presidential seat of Nigeria.''his post reads 
Read more