October 19, 2018

NDMG Lauds PMB, Kachikwu on Petrol Pricing

By on May 25, 2016 0 45 Views

Yusuf Umar Ogbanwo

The Nigerians in Diaspora Monitoring Group has lauded President Muhammadu Buhari for liberalizing petrol sales, describing the action as the beginning of economic rebirth for the country.

The group also said President Buhari and the Minister of State for Petroleum, Dr Ibe Kachikwu have carved niches for themselves in Nigeria’s history and deserving laurels for daring to do the right thing.

A statement by the United Kingdom Coordinator of the group, Adeka Onyilo said “The inherited rot that left Nigerians suffering on fuel queues was becoming an international embarrassment until President Buhari took the bull by the horn.

“The cartel that acquire FOREX from government under the guise of importing petrol only embark on round tripping has been severed from the supply chain and should leave the government with some money to invest in other sectors that will touch the lives of citizens across board.

“We however urged that the judicious and prudent management of the resources of Nigeria vested in the custody of the present government because this is important to the nation’s prosperity,” the statement advised.

It further urged President Buhari and Dr Kachikwu to ensure that Nigerian who now have to pay realistic prices for petrol are not shortchanged by fraudulent marketer who tamper with their meter to under dispense the product.

“We further urged the Minister to enforce the price cap as reports indicate that some outlets still sell above the computed N145 per liter. Such development can only create the cover for those opposed to change to creep on the government and populace with another price hike or petrol scarcity citing the willingness of the people to pay more as excuse,” the group explained.

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