Fuel Scarcity: ‘FG Has Lost Control Of Economy’ — March 4, 2014 The Lagos State House of Assembly has said that the current lingering fuel crisis biting hard on the nation is a sign that the federal government has lost total control of the economy and as such, is incapable of changing the pathetic conditions of most Nigerians. This was contained in a press statement signed yesterday by the chairman, House Committee on Information, Strategy, Security and Publicity, Hon Segun Olulade, representing Epe Constituency II. It said the House noted that if Nigerians can continue to groan under severe pressure of short supply of petroleum products by the independent marketers due largely to the inability of the federal government to release approval for fuel importation for the first quarter of 2014, coupled with the inability of the government to sanitise and control the petroleum sector once and for all, Nigerians are not likely to experience any better living even if President Jonathan remains the country’s president for the next one decade. “In the first instance, Nigeria which is an oil producing country has continued to rely on importation of refined petroleum products rather than concentrating on building refineries to ensure that our crude oil is locally processed, which will aid availability and reduction in the pump price. “The inability of the federal government to be proactive in meeting the needs of the masses led to the unwarranted delay in giving approval for fuel importation which has led to this ugly situation.” we found ourselves presently.” “Also, the distribution process has been proliferated with exploiters as government continues to close eyes against gross exploitations being perpetrated by the marketers most of whom are favoured by same government for political reasons, it said.
Posted on: Tue, 04 Mar 2014 07:13:09 +0000
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