Wednesday, 25 May 2016

Petrol Price Hike Is Buhari’s 1st Year Anniversary Gift’ - Fayose


Ekiti State Governor, Mr. Ayodele Fayose, has described the increment of the pump price of petrol to N145 as President Buhari’s ‘first year anniversary gift to Nigerians. Fayose, who spoke in a statement in Ado-Ekiti, the capital, yesterday, said: “Despite his electoral promise to reduce petrol pump price from the N87 per litre that he met it, President Mohammadu 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. Mohammed 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 per cent, N10 is just about 10 per cent. Good try, but Naija 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.”