Fuel Price Will Go Up By ‘At Least’ N40 Per Litre-Fayose

The Governor of Ekiti state, Ayodele Fayose has said that the price of fuel would be increased by “at least” N40 per litre.
Fayose said this on Friday in reaction to the persistent scarcity of fuel in the country.
He said the federal government monopolised the importation of petroleum products to the Nigerian National Petroleum Corporation (NNPC) in order to hike fuel price.
The fierce critic of the current administration called for the resignation of President Muhammadu Buhari as the minister of petroleum, saying it is “obvious that the president has failed in all ramifications”.
According to him, the only way to rescue Nigeria “from being brought down completely is to vote out Buhari and his APC in 2019”.
“I warned Nigerians before President Buhari was elected and I am telling Nigerians now that the only option to rescue our country from being brought down completely is to vote out Buhari and his APC in 2019,” he said in a statement issued on his behalf by Lere Olayinka, his spokesman.
“It is sad that this Buhari’s APC government had to choose this Christmas and New Year period to ground Nigeria with the fuel scarcity that it deliberately orchestrated.
“Already, fuel is being sold officially at between N180 and N200 at petrol stations across the country.
“Like I said a few days ago, what the federal government is doing is to create scarcity so that Nigerians will be willing to buy at any price, provided the product is made available.
“It was to achieve this planned increment of petrol pump price that they restricted supply of petrol to NNPC alone.”

Share this article