New Petrol Pump Price Enjoys High Compliance Nationwide

petrolThere seems be high compliance level for the new pump price of petrol across the country.

This is according to Channels TV correspondents, who visited petrol stations across the country.

While petrol is selling at between 86 naira and 86.50 in Abuja, the product is selling for N87 per litre in Kano.

Many petrol stations in the Federal Capital Territory have been nearly empty with just two to three cars at the fuel pumps at a time.

At the NNPC filling station visited, the pump price was 86 naira per litre and the station manager who spoke off camera said that the new pump price was put in place as soon as government announced the reduction.

Other filling stations visited; Conoil, Oando, Forte Oil, were selling at N86.50k per litre.

Vehicle owners buying at the new rate said that they were happy that the product was available whether or not there is a reduction in pump price.

They also said that the 50 kobo reduction would be taken as a sign of better things to come.

However, one customer asked that federal government pay attention also to the pump price and availability of kerosene which he said is used by a greater number of Nigerians, especially the poor.

For the oil majors in Lagos, they have reverted to the approved rate of N86.50k, while the same may not be said of independent marketers who are still selling above the recommended retail price.

The situation seems to be bad in Ogun State where the product is still selling for between N110 and N120 per litre except for the capital city, Abeokuta where the NNPC mega station is selling at the new pump price.

PDP Leaders Kick Against Removal Of Petroleum Subsidy

pdpLeaders of the Peoples Democratic Party (PDP) in Kaduna State have kicked against the proposed removal of petrol subsidy by the Federal Government.

Speaking during a one-day conference organised by the Kaduna State PDP Youth Patriotic Front held in Kafanchan, the party leaders including the minority leader of the House of Representatives, Yakaubu Barde, and the Senator representing Southern Kaduna District, Danjuma Laah, wondered why the same All Progressive Congress-led government that opposed the move by former President Goodluck Jonathan’s administration to remove petrol subsidy 2011, is planning to do same.

Barde specifically faulted the former Governor of Lagos State and National Leader of the All Progressive Congress (APC), Bola Tinubu, for his recent call for the removal of petrol subsidy.

He noted that Tinubu’s insistence on President Buhari removing fuel subsidy come January 2016 was quite unfortunate in many respects, and another misadventure of the National Leader of the APC and his party.

According to the PDP leaders, the only reason the issue of fuel subsidy had continued to recur was because Nigeria imports petroleum products for domestic consumption.

They warned that so long as importation continues, the problem that the government sets out to confront would continue like a recurring decimal.

The event was attended by prominent members of the PDP from the Southern Kaduna Senatorial Zone, including former Minister of Aviation, Mr Hassan Hyet, Senator Danjuma Laah, the State PDP Chairman, Mr Abubakar Haruna, former Deputy Speaker of Kaduna State House of Assembly, Dogara Mato, former Attorney General and Commissioner for Justice, Mr Mark Jacob, and many former Commissioners.