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Oyo backs fuel deregulation, wants utmost cooperation

By Sam Oluwalana and Iyabo Lawal, Ibadan
23 May 2016   |   12:52 am
The Oyo State government has thrown its full support behind the recently announced deregulation of the downstream sector of the nation’s oil industry, urging workers in its employ ...
Ajimobi

Ajimobi

The Oyo State government has thrown its full support behind the recently announced deregulation of the downstream sector of the nation’s oil industry, urging workers in its employ to play by the spirit and letter of the policy.

The Secretary to the State Government (SSG), Olalekan Alli, who conveyed government’s position in a statement yesterday in Ibadan, the state capital, said the deregulation of the downstream sector was the best option open to the Federal Government under the prevailing circumstance.

“Deregulation appears the most realistic approach to solving the unpalatable experiences of the public in getting fuel at affordable price pending the time the necessary infrastructure for local refining of crude oil will be upgraded and expanded,” he said.

While suing for understanding over the policy, the scribe, however, advocated the provision of palliatives by government to cushion the adverse effects of the new fuel pump price regime on the citizens.

The SSG declared that change was an inevitable phenomenon towards the attainment of progress in the country, just as he advised government and the Nigerian Labour Congress (NLC) to consider each other as partners in service for the progress of the country.

He backed the move for further dialogue by concerned parties on the issue with a view to achieving genuine and mutually as well beneficial outcome in the overarching interest of the citizenry and the nation at large.

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