The Senate has warned proponents of new increment in pump price of fuel, saying that a fuel hike is not attainable at this point and that they must not take the patience of Nigerians over current economic situation in the country for granted.
This came following an earlier report suggesting that the Senate President, Bukola Saraki, ordered suspension of treatment of the Petroleum Industry Bill, PIB, following disagreements by senators on the host communities’ funds component of the bill.
The Red Chamber, speaking to journalists, in Abuja, through its spokesman, Senator Abdullahi Aliyu Sabi, asked government not to buy the ideas of ex-NNPC Group Managing Directors, who were reported at the weekend to call for new fuel hike and increase in fuel price given that the current N145 per litre was no longer sustainable.
He said the government must be mindful of the activities of the former NNPC bosses, who he noted, were parading themselves as its advisers, saying they may be the agents of enemies of the present federal administration with given tasks to pull government down.
Sabi, who represents Niger North Senatorial District on the platform of the ruling All Progressives Congress, APC, said the former NNPC helmsmen lacked the capacity to speak the way they did, blamed them for the current nation’s economic woes, saying their various administrations in NNPC brought the country to its current situation.
However, NNPC and the Petroleum Ministry have denied the purported fuel hike, insisting that there was no plans to increase the price of fuel. The Minister of State for Petroleum, Dr. Ibe Kachikwu, disclosed this on Monday, refuting media reports of a likely increase in the prices of petroleum products in the country.
The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Alhaji Maikanti Baru also denied the alleged proposed hike in fuel.
Baru affirmed this after a closed-door meeting with President Muhammadu Buhari in Abuja, thus describing the reports as false.