Oil & Gas

Fuel Hike: Keep Faith with Buhari, Price Regime not Permanent – CGGCI

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The Coalition for Good Governance and Change Initiative, CGGCI, has called on Nigerians to keep faith with the President Muhammadu Buhari-led administration.

The group said fuel price regime is not static as the most important is the availability of the products and the sincerity of the Federal Government in implementing policies for the betterment of residents.

The Coalition, which is made up of thirty eight (38) Civil Society Organisations, encouraged Nigerians to applaud the government rather than the pocket of criticism trailing genuine policies for the benefit of all Citizens.

In a statement signed by its National Coordinator, Comrade Okpokwu Ogenyi, pointed out that, there was a time in Nigeria history when fuel was sold between two hundred (200) and four hundred (400) naira on black market at the official price of sixty five naira (65).

The statement reads:

“We must appreciate what we have, we have had a price reduction on the both amenities, electricity and premium motor spirit in recent time. The prices will keep fluctuating until it is stable and it will be stable.

“Sincerely, you can not expect to have pay less when you consume more power. Electricity has improved tremendously in Nigeria.

“Many location have more than twenty hours supply per day. It is a welcome development, we need power twenty four hours per day, we are getting there. So, you can not expect to pay what you were paying when you only had light four to six hours a day.

“As a civil right organisation, we must stand with the people, advice the people and confront the Government whenever it goes wrong against the people.

“We are the watch dog of the society, we are also calling on the the distribution companies, Disco to meter every household so, you know what you consume.

“For those using estimated bill, the distribution companies should not take undue advantage over them by giving ridiculous bills that are not payable.

‘We also call on the Federal Government to ensure prompt monitoring of both sectors and should advise on reduction of prices when the world economy stabilises.”

 

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