Balarabe Musa rejects N145 new petrol price
Former governor of Kaduna state, Alhaji Balarabe Musa, has urged the Federal Government to reverse the N145 new petrol pump price introduced on Wednesday.
Musa, who is also a national leader of the Peoples Redemption Party (PRP), made the appeal in an interview with the News Agency of Nigeria (NAN) on Thursday in Kaduna.
He said that the government’s action would inflict more pains on Nigerians.
“We are in trouble; the already bad situation will get worse and it will worsen the poverty level of Nigerians,“ he said.
The politician said that he would support the Nigeria Labour Congress (NLC) planned mass protest to compel the Federal Government to reverse the decision.
He alleged that the proceeds from the new price of the product may only benefit some persons and caucuses within government.
The former governor also urged Civil Society Organisations (CSOs) and well-meaning Nigerians to join in implore the government to reverse the decision “for the sake of the masses”.
The Minister of State for Petroleum, Dr Ibe Kachikwu, announced the new price of petrol on Wednesday.
He explained that the action was taken to ensure availability of the commodity and reduce the suffering of Nigerians due to lingering scarcity of the product
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6 Comments
Balarabe you supported the propaganda for change when they said; if given the chance the price of petrol would be 40 Naira per liter. The runaway one chance train is on a high speed without a driver and you are one of the passengers, I hope next time you will not support a candidate because of tribe or religion. I would like to see you in front of the protest that you had given your full support and said “We are in trouble; the already bad situation will get worse and it will worsen the poverty level of Nigerians,“
It had indeed gotten worst
Can the FG just tackle one problem at a time and i think that should be NEPA. If the demand for domestic petrol decreases, the effect of any increase could be bearable. Plus i think this is VERY wrong timing because people are really VERY angry and sensitive at the moment.
This is a just madness. nobody was really paying the official price and low price control prevented people from investing in refineries. we need to complete open the market and this is a good way to start that. Nigerian’s are already suffering due to scarcity, scarcity is cause by lack of product, not enough entity involved in the importation and price control. To solve this, we need to allow the market set the price, demand and supply. we need to stop the price control and begin the process of investing in refineries.
Up Balarabe ! My advice to him is to continue buying his own petrol at N250/liter to convince me that he had actually rejected the N145 price tag. i don’t know what he meant by it will worsen poverty level, because the reality is the poverty level can not be worse than this and has been this way for a decade. Deregulate the sector and snuff out those making ungodly profit from the subsidy racket. Telecommunication went this direction and we are all better for it, vulcanizer, condor, Boli seller can access the cell phone now with ease and this was meant for the well to do people before. Water will find it level now, and all the wicked buffoons and money bags will stop eating suya with had earned money of the citizens.
No matter the price, let this subsidy go for good.If it will sell for #5oo so be it. lets face it once and for all.
Current realities does not support subsidies,Wake up Balarabe and all those with the same mindset, Even in Saudi Arabia , its no longer business as usual, So why not now? we should stop deluding ourselves no one is been buying at the official rate. so let the market forces decide the rate as in other facets of our national life
We will review and take appropriate action.