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Why we need to deregulate oil sector, by Abiodun


Ogun state governor Dapo Abiodun

• 80 political parties pass vote of confidence on gov
• FG to establish railway wagon assembly plant in Ogun

Ogun State Governor Dapo Abiodun has stressed the need for the deregulation of the petroleum sector to make funds available for the provision of basic amenities to the people. Abiodun, who stated this when he received members of the Depot and Petroleum Marketers Association of Nigeria (DAPPMAN), who paid him a courtesy visit in his office at Oke-Mosan, Abeokuta, yesterday, said it was increasingly becoming difficult to provide infrastructure, hence the need to embark on deregulation.He said: “We can actually embark on deregulation and the savings which will be about a trillion naira and if these savings are put into road infrastructure, the citizens of Nigeria will appreciate it.”

The governor, who said he was not impressed by the marginal drop on local consumption of Premium Motor Spirit (PMS) from 56 to 53 million litres per day due to border closure, said the drop was an indication that little had been achieved.In another development, Chairman of Labour Party (LP) in Ogun State, Abayomi Arabambi, yesterday led a team of 79 other political party chairmen in the state to pass a vote of confidence on Governor Dapo Abiodun.

Arabambi said all the political parties that contested the March 9, 2019 governorship election in the state, except “the only one that is in the Court of Appeal” have examined the activities of Prince Dapo Abiodun and found out that he had “extensively identified policies and programmes that brought us failure as a state and set up various interventions using the instrumentalities of the law to pursue the aspirations of the people of Ogun State.

He said: “These various remarkable interventions have highly impacted on the performance of your government in key sectors like education, health, housing, security, agriculture, financial discipline and other core government businesses.”

The LP chairman, who is also Chairman of the Inter-Party Advisory Council (IPAC), consisting of 81 political parties in the state, spoke during a courtesy visit to Abiodun in his office at Oke-Mosan, Abeokuta. The meeting was at the instance of IPAC.Arabambi, on behalf of his colleagues, expressed confidence on the ability of the governor to steer the ship of the state, saying: “You have consistently and strongly justified your rating as a big name in the business of managing men and resources. In a short space of time, you have remained committed to all matters of development in the state.”

He, therefore, canvassed establishment of a joint Government/IPAC platform for an inclusive partnership that would include major stakeholders in the state, adding that the Council was ready to work with government to take the state to the next level.Abiodun noted that it was imperative for all hands to be on deck if the state was to make any meaningful progress, as no one is a repository of knowledge.

In another development, the Federal Government has concluded plans with the China Civil Engineering Construction Company (CCECC) to establish a Railway Wagon Assembly Plant in Kajola, Ogun State.A statement by Special Assistant to Amaechi on Media, Israel Ibeleme, said the plant would provide job opportunities to about 5,000) Nigerians.


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Dapo AbiodunIPAC
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