Saraki Challenges FG Over Failure to Reduce Pump Price of Petrol
Senator representing Kwara Central Senatorial District, Abubakar Bukola Saraki has challenged the Federal Government on its failure to reduce pump price following the drop in crude oil price in the international market.
Senator Saraki made this known at the palace of Olofa of Offa. Saraki stated everywhere in the world, pump price has been reduced, most recently, our next door neighbor Ghana on January 1st reduced the pump price of PMS.
Saraki stated “it is disheartening that President Jonathan will allow a few cabal benefit at the expense of millions of Nigeria. It is common knowledge that when the price of crude oil falls like it has done significantly in the international market the price of refined petroleum should drop as well, which should translate to reduction at the pump”
Senator Saraki stressed the need for FG to allow the Nigerian public benefit from the reduction of crude oil price in the international market by reducing price of Petroleum Motor Spirit popularly know as PMS to below N70.
In a statement received by Saraki’s Media aide Bamikole Omishore confirming his principals position on the call for the reduction, said the excuse that since Nigeria imports refined petroleum it doesn’t have to reduce pump price is bogus. Omishore stated information available to their office shows clearly Landing cost of PMS has reduced at least by N30 since November and further delay in the reduction of pump price for the benefit of Nigerians is questionable.
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