Tuesday, 2 October 2012

NUPENG, JAF Accuse FG of Plot to Increase Fuel Price

Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Joint Action Front (JAF) have alleged plot by the Federal Government to impose a new price regime for Premium Motor Spirit (PMS) otherwise known as petrol. Both groups in separate statements said the current scarcity being experienced across the country had led to a sharp increase in the price of fuel, which currently sells between N110 and N140 per litre as against the official price of N97.
NUPENG berated the Federal Government over its inability to address the scarcity of fuel stating that it could be another strategy by government to introduce deregulation of petroleum products through the back door. The union, in a statement issued by its Acting General Secretary, Mr. Isaac Aberare, argued that the reserve which the NNPC claimed could last for 45 days is a ruse as a litre of fuel now sells for over N110.00 due to persistent scarcity of the product. The union blamed the government for its current scarcity noting that repairs have not been effected at the vandalized pipelines at Arepo Ogun State due to the inability of the security agencies to recover the bodies of the Nigerian National Petroleum Corporation (NNPC) workers that were killed last month.

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