Nigeria At 60: Buhari Announces New Price For Petrol, Gives Reasons
President Muhammadu Buhari has announced a new pump price of petrol in the country.
Buhari said fuel would now be sold at N161 per liter in Nigeria, noting that other nations such as Ghana, Niger, Chad, Saudi Arabia and other oil-producing countries sell petrol on higher prices than Nigeria.
He lambasted the previous governments from 1999 to 2015 for criticizing his administration when they allegedly presided over the near-destruction of the country.
Buhari said his government has managed to keep things going despite the disproportionate spending on security.
He said that the past administrations lack the effrontery to criticize the current administration because they had the opportunity to develop and take the country to a greater height.
“Those in the previous Governments from 1999 – 2015 who presided over the near destruction of the country have now the impudence to attempt to criticize our efforts,” he said.
Buhari said that in the circumstances, a responsible government must face realities and take tough decisions.
“Petroleum prices in Nigeria are to be adjusted. We sell now at N161 per litre. A comparison with our neighbours will illustrate the point;
“Chad which is an oil producing country charges N362 per litre.
“Niger, also an oil producing country sells 1 litre at N346.
” In Ghana, another oil producing country, petroleum pump price is N326 per litre.
“Further afield, Egypt charges N211 per litre. Saudi Arabia charges N168 per litre. It makes no sense for oil to be cheaper in Nigeria than in Saudi Arabia.
Buhari noted that for the country to grow and achieve great things Nigerians need to solidify their strength, increase their commitment and encourage themselves to do that which is right.
Recall that the Nigerian government through the Petroleum Products Marketing Company (PPMC) had announced a new ex-depot price of N151.56 for petrol.
You may be interested
“My Girlfriend Wants Us To Marry By January 2021, But My Salary Is N45,000 “– Man Seeks AdviceWebby - October 31, 2020
File photo A man is in need of help after his girlfriend made an unusual request without considering his lean…
Revealed: How Nigerian Army Secretly Moved 20 Lekki Massacre Victims To IDH MortuaryWebby - October 31, 2020
The Nigerian army has reportedly moved the bodies of the victims of Lekki toll gate shooting to a different location.…
BREAKING: CAF President Ahmad Tests Positive For COVID-19Webby - October 31, 2020
Mr Ahmad Ahmad Mr Ahmad Ahmad, the President of the Confederation of African Football, has contracted the COVID-19.This was contained…