– Fayose says the pump price of petrol
increase is one of the gifts of President
Muhammadu Buhari to Nigerians to
celebrate his one year in office
– The governor said the federal government
was indirectly collecting N58.50 naira tax
from suffering Nigerians on each litre of
petrol they buy
– He says under Buhari/APC, it is almost
certain that Nigerians suffering will continue
till 2019
Governor Ayo Fayose of Ekiti state has
described President Muhammadu Buhari’s
one year in office as a ‘colossal waste,’
Premium Times reports.
According to the governor, the increment in
the pump price of petrol is one of the gifts
of President Muhammadu Buhari to
Nigerians to celebrate his one year in office.
Governor Ayo Fayose of Ekiti state has
described President Muhammadu Buhari’s
one year in office as a ‘colossal waste,’
In a statement titled; “Petrol Price Increment
as Buhari’s 1st Year Anniversary Gift to
Nigerians” which he personally signed, the
governor said the federal government was
indirectly collecting N58.50 naira tax from
suffering Nigerians on each litre of petrol
they buy.
The statement read: “Despite his electoral
promise to reduce petrol pump price from the
N87 per litre that he met it, President
Muhammadu Buhari increased the price to
N145! With this increment, Buhari has further
impoverished Nigerians.
“Nigerians should be reminded that on April
14, 2015, President Buhari’s ally and former
Minister of Petroleum and Energy, Prof. Tam
David-West, told Nigerians that Gen.
Muhammed Buhari (who was then President-
elect), will reduce the fuel pump price from
N87 to N40 per litre. Buhari did not debunk
this statement made by his friend and major
supporter.
“Also, when the Peoples Democratic Party
(PDP) government of Dr Goodluck Jonathan
reduced the petrol pump price from N97 to
N87 per litre in January 2015, former Lagos
State Governor who is now Minister of Works,
Power and Housing, Mr Babatunde Fashola
said N10 reduction of the petrol pump price
was too low and that Nigerians will get a
better deal under Buhari. Fashola tweeted on
January 18, 2015; ‘On PMS price reduction by
N10. Now they listen. Oil the raw material
drop over 50%, N10 is just about 10%. Good
try but Nija can get a beta deal.’
“In rewarding Nigerians for electing him as
president, President Buhari opted to increase
petrol pump price by N58.50!
“The first justification of the increment was
removal of subsidy. But Nigerians were later
stunned when the Vice President, Prof Yemi
Osinbajo said pump price of petrol was
increased because Nigeria was broke!
“In other words, President Buhari increased
petrol pump price because the country was
broke and it needed to shore up its revenue
base. The N58.50 added to the previous pump
price of N86.50 was an Indirect Tax imposed
on each litre of petrol purchased by Nigerians.
“Simply put, the federal government is
indirectly collecting N58.50 naira tax from
suffering Nigerians on each litre of petrol they
buy. Buhari is no doubt acting like the
proverbial Agbalowomeri Baale Jontolo (Aking
that exploit his extremely poor subject to
further enrich himself).
“It is on record that on May 2 this year, the
federal government, in the Petroleum Product
Pricing Regulatory Agency (PPPRA) Template
released in Abuja, told Nigerians that it was
subsidising petrol at N12.62 per litre.
“In 2012 when the Dr Jonathan removed fuel
subsidy and increased petrol price to N141
per litre, crude oil was selling at $111 per
barrel.
“If not wickedness, how can petrol price be
increased to N145 per litre when crude oil is
now selling at $49 per barrel?
“Increasing petrol pump price by N58.50 when
the federal government claimed it was
subsidising the product at N12.62 per litre is
clear wickedness on the part of President
Buhari.
“In the history of Nigeria, increase in price of
petrol has never been as high as it was done
by Buhari, putting Nigerians in severe hardship
as the product affects every sector of the
economy.
“Too bad, those who opposed removal of fuel
subsidy in 2012 and funded the Occupy
Nigeria protest are the ones canvassing
support for this Buhari’s wicked one year
anniversary gift to Nigerians.
“The labour unions are now completely cowed,
dashing completely hope of the common
people of Nigeria.
“Interestingly, this is not the first election
promise by APC/Buhari that have been
jettisoned since they got into office. The
N5,000 unemployment benefits promised the
downtrodden was derisively put down by this
President as “largesse” with the president
spurning the emotional plea of his own wife to
the contrary. To add salt and insult
unto injury, he travelled abroad to make the
statement.
“Despite the mindless and indefensible hike in
fuel price, the commodity is still not available.
Minister of state for Petroleum says there is
no forex to pay for fuel import; yet there is
forex to indulge Buhari’s foreign-trip
profligacy.
“Presidential spin doctors and APC chieftains
labouring to hoodwink the people speak glibly
of how so-called deregulation will make
products available, reduce cost through
competition and the interplay of market forces
as well as encourage private sector to build
more refineries. But thank God who loves
Nigerians so much, the lies of these people
was by divine arrangement, I suppose,
revealed by no less a person than the junior
minister Ibe Kachikwu himself when he said
importation of fuel continues till 2019.
“Nigerians should be reminded that the
manner of hardship being faced now was also
faced during Buhari’s first coming as a military
dictator when people had to queue for
essential commodities. Now, Nigerians can’t
even afford common tomato to prepare soup.
“So Nigerians you have heard the truth: Under
Buhari/APC, it is almost certain that our
suffering will continue till 2019.
“Nigerians, remember I warned you before
Buhari was elected; I have been warning you
since Buhari became president and I am
warning now that if nothing is done urgently,
the economy of Nigeria will collapse.”
Meanwhile, the Northern youth under the
aegis of North East Youth
Peace Development and Empowerment
Initiative has called on Governor Fayose to
apologize for his previous comments that
no Chibok girl was missing.
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