Senior Special Assistant to President Bola Ahmed Tinubu on Public Affairs, Aliyu Audu has said that the President did not speak on Premium Motor Spirit (petrol) because of his commitment to the deregulation of the oil and gas sector.
Audu disclosed this during a Channels Television interview on
Wednesday.
According to him, Tinubu has remained resolute in providing
viable alternatives to petrol, such as Compressed Natural Gas.
He stressed that despite the Naira-for-crude sale deal with
Dangote Refinery, the price of petrol will not come down a whole lot.
“It shows commitment on the part of Mr President Tinubu in
terms of deregulating the Petroleum sector.
“He did mention alternatives that could give succor to our
economy, especially when it comes to the cost of living, food and the
Compressed Natural Gas Initiative.
“It doesn’t look like even with the Naira-for-crude scheme
the price of Petrol will come down a whole lot.
“Even though that is what Nigerians want to hear, the reality
is that we have to seek opportunities to power our vehicles. That is why the
government is keen on the CNG initiative,” he said.
Recall that Tinubu addressed Nigerians on the occasion of
Nigeria’s 64th Independence Day Anniversary.
Tinubu begged Nigerians to be patient while measures are
being in place to address the country’s economic hardship.
His remarks come as Nigerians grapple with economic
hardship.
Currently, Nigerians buy petrol between N950 and N1,300
depending on the location across the country.
The prices of goods and services have also hit the rooftop,
with headline and food inflation standing at 32.15 and 37.52 percent in August
2024.
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It is obvious that most of the aids of this president are either out of tune with events in the country or they are simply guys who have decided to manage the truths. Its very unfortunate.
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