OPC Opposes Fuel Subsidy Removal

The Oodua People’s Congress (OPC) has opposed fuel subsidy removal by President Muhammadu Buhari’s led administration.Information Guide Nigeria

According to RIPPLES NIGERIA Oodua People’s Congress condemned the expensive cost of fuel and gas, and demanded that pending when the nation’s four refineries would begin local production, President Buhari must halt any plan to remove fuel subsidy.

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Speaking in a statement on Wednesday, OPC President, Otunba Wasiu Afolabi popularly called “Askari”, warned that scrapping fuel subsidy without locally-produced fuel would further escalate inflation and endanger industries.

According to RIPPLES NIGERIA, Afolabi said: “Many households and families are suffering due to the high cost of cooking gas and domestic kerosine. They want the government to alleviate their sufferings by ensuring that the price of gas, for example, returns to N256/kg at most, instead of the current astronomical price of N850/kg.”

Challenging the government to invest in local production of fuel instead of importation, he said President Muhammadu Buhari must encourage the abundant establishment of functional modular refineries.

RIPPLES NIGERIA reports that OPC President said: “What is happening today was not what General Muhammadu Buhari promised Nigerians when he was campaigning in 2014. His promise to change the fuel situation by revamping the four refineries was attractive to Nigerians who were dissatisfied with the high cost of imported fuel. Nigerians voted for change. Now the situation is even worse.

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“How do you explain that Buhari called fuel subsidy of N306.92 billion a scam in 2015, but under him fuel subsidy rose to N1.43 trillion in 2021 and N4 trillion in 2022?

“By running the economy on imported fuel these past seven years, the Buhari government has sacrificed Nigerians to the unchained greediness of an evil cabal that has deliberately paralysed local refining. Clearly, no country will do well under such a system. Time has come to say, ‘Enough is Enough.’

“President Buhari, as the Minister of Petroleum, lacks any excuse to import petroleum products at all. Nigeria is an oil-producing country. Nigerians are blessed with petroleum resources and they deserve to enjoy the benefits of this God-given gift.”