Categories: News

NLC President Responds To Ongoing Scarcity

The NLC President, Ayuba Wabba, in response to the ongoing fuel scarcity, said yesterday in Abuja that the various excuses given by government, as reasons for the fuel scarcity are not acceptable.

He said: “The NLC considers this scarcity as an act of cruelty and sabotage from which a few privileged are benefitting. The timing of this artificial scarcity is not lost on us, as it is intended to maximise pain and profit, since it is a well-known fact that the Christmas season witnesses the biggest movement of people, goods and services.”

Ayuba reiterated that the congress equally considers the scarcity as an insult to the collective pride of all good Nigerians. Also, NLC General Secretary, Dr Peter Ozo-Eson, said that the confusion in the downstream sub-sector of the Nigerian oil and gas sector was established when the price modulation based on petroleum products import regime was introduced.

“Nigerians will be bear us witness that we canvassed against the introduction of price modulation; we said it was going to fail. Our argument then was that there was no way a price modulation regime can work in an environment that is import dependent. It would be recalled that the NLC staged protests against the move, but we were ignored. Today, we are back to the same turf. The scarcity we are witnessing now is not new. It started two years ago technically.”

The Executive Secretary of the Petroleum Products Pricing Regulatory Agency (PPPRA), Abdukadir Umar, said there are no plans to increase fuel price.

“We want to use this medium to assure all Nigerians that there is no need for apprehension or panic buying. We are confident that the NNPC, being a major supplier of petroleum products into the system and the supplier of last resort, can ensure uninterrupted supply of petroleum products into the market and the corporation has given assurances in that regard.”

Recent Posts

OBSERVATION: How Not To Address JAPA Syndrome

ADEMOLA YAYA JAPA is a Yoruba word that means ‘flee’ to gaining freedom from bondage…

1 hour ago

JUMAT SERMON: Welcome, Oh Ramadan! (Part One)

By Sheikh Ibrahim Oladejo Raji RAMADAN! What is Ramadan? And what will make you know…

1 hour ago

Osun Assembly Awaits Executive Bill On Sports Development

The Chairman of the Osun State House of Assembly Committee on Youth, Sports, and Special…

1 hour ago

Stop Stigmatisation Of People With HIV, O-SACA Boss Urges Residents

Anthony Faji The Osun State Agency for the Control of HIV/AIDS (O-SACA) has appealed to…

1 hour ago

Man Posing As Woman In Kano Varsity Female Hostel Arrested

One Muhammad Munzali of Kaura Gidan Damo, Shanono Local Government Area of Kano State, has…

1 hour ago

‘Emir’ Re-Arraigned On Alleged Murder Of APC Members, Terrorism

OLALEKAN Oyeyemi, popularly called Emir, was re-arraigned on Wednesday on a 10-count charge of terrorism…

1 hour ago

This website uses cookies.