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FG Did Not Remove Fuel Subsidy, It Only Increased Petrol Price – NOA

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The Plateau State director of the National Orientation Agency (NOA), Haruna Dabit, has said that the Federal Government did not remove fuel subsidy as it has only directed marketers to source foreign exchange on their own and sell at the bench mark of N135 – N145 per liter.

Dabit disclosed this on Tuesday, May 17, 2016 as he tried to dissuade Nigerians from joining the strikes protesting the fuel price increase by the national labour unions in the country. He also said that the FG can no longer source foreign exchange for marketers as the price of crude had declined leaving the federation account with limited foreign currency that could accommodate the demands of petroleum importers.

He said that the public needed to be informed on the realities on ground and see reasons with government, thereby calling on the Trade Union Congress (TUC), Nigeria Labour Congress (NLC) and other pressure group to shelve its impending threat to shut down the Nigeria’s economy in protest against new fuel pump price.

The NOA boss said it would be unpatriotic to any citizen of Nigeria to embark on any action that would provoke an unpalatable circumstance.

He appealed to the trade union leaders to address the misconceptions associated with the recent pronouncement on the upward review of the fuel pump price from N86.5k per liter to N145 per litre, rather than threatening to shut down the country’s economy.

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