NACOMYO urges federal govt to reform petroleum sector

National Council of Muslim Youth Organizations (NACOMYO) yesterday urged the Federal Government to speed up the revolution being carried out in the petroleum industry to reduce the agony and hardship being experienced by Nigerians as a result of the persistent fuel scarcity.

The group in a statement by its National President, Mr. Kamal’ddin Akintunde in Abeokuta believed the rehabilitation of the industry would remove impediments to unhindered supply of Premium Motor Spirit (PMS) for economic prosperity.
According to them only a holistic reform of the sector would be able to address the subsidy issue whether it should be sustained or removed entirety, noting that Nigerians cannot be suffering in the midst of plenty.
The apex Muslim youth body also decried the epileptic power supply in the country, lamenting that adequate energy provision is still a mirage in the country.

NOCOMYO urged government to as a matter of urgency formulate policies that would guarantee constant power to Nigerians before talking of electricity tariff hike.

The group stated “The proposed jack up of electricity rate is not agreeable to Nigerians as energy is not adequate nor regular to Nigerian homes. The privatisation initiative should be result-yielding.
They charged the electricity Distribution Companies (DISCOs) to brace up and justify the initiative in the overall interest of economy and Nigerians.

NACOMYO, among other things believed that only the practice of true federalism and rule of law, premised on constitutional provisions would guarantee social and economic well-being.

The group pledged their support to President Mohammadu Buharia-led administration, saying “We want to re-affirm our belief in the present Federal Government. We believe that government’s steps and actions have pointedly show that it is genuinely committed to building a new Nigeria that we can be proud of”.

NACOMYO also urged the people for their support for the government, insisting “The task of nation is a collective responsibility”.