Buhari’s Government May Sell Fuel For N500 Per Litre Before The End of 2021 — Falana, SAN

 Buhari’s Government May Sell Fuel For N500 Per Litre Before The End of 2021 — Falana, SAN

By Joseph Ayinde

Human rights lawyer, Femi Falana SAN has raised the alarm concerning the plan by President Muhammadu Buhari-led Nigerian government to sell a litre of fuel at N500 before the end of the year because the NNPC says that is the selling price in neighbouring countries.

He made the prediction at the weekend in Abuja at a two-day conference of People’s Alternative Political Parties Summit titled ” A New Nigeria Is Possible”

The legal icon who delivered the keynote address at the summit accused the Nigerian government of being economical with the truth on subsidy removal.

He said the government can no longer be trusted after the announcement of full deregulation of fuel in 2020 leading to the selling of fuel at N168 per litre.

Falana said, “Last year September this same government announced that following the full deregulation fuel was going to be sold at N168 per litre. Today we are being told that there will be full deregulation again which will raise the price to N230 per litre.

“(But) Let me predict here that if care is not taken the government intends to sell fuel at N500 per litre before the end of this year.”

He accused the government of destroying the economy and devaluing the naira through the dollar-based economic system being run by General Muhammadu Buhari’s regime.

Read More  Courts fixes July 28 for ruling in El-Zakzaky’s No-Case-Submission

The rights lawyer said the summit was aimed at challenging the worsening security situation, devaluation of national currencies, mass unemployment, and increasing lack of good governance.

He added that a new Nigeria has to be founded on the platform of social justice and there was the need to collaborate with like-minded progressive forces and reposition Nigerians to take back power.

He said ” We want to take Nigeria back from the soiled hands of political buccaneers and that is the essence of the meeting.

“That is why we believe that a new Nigeria is possible that will be run and managed by the Nigerian people and not by aliens forces of destruction”

Falana said Nigeria can be run on the basis of people’s oriented programmes and policies instead of neoliberal policies of the Buhari government dictated by the World Bank and International Monetary Fund (IMF).

He added that the mismanagement of the economy by imperialist forces and their local collaborators has continued to increase poverty in the country despite the nation’s enormous resources.

The learned silk further added that “the sum of $1.5 billion for the rehabilitation of the Port Harcourt purportedly approved by the Federal Executive Council is illegal in that it has not been appropriated by the National Assembly pursuant to sections 59 and 81 of the Constitution.”

He said the National Assembly should request the President to propose a money bill for the said sum of $1.5 billion. However, before passing the bill the National Assembly should conduct a public hearing where all options will be considered in the national interest. For instance, at the public hearing, ASCAB will show that the Federal Government can buy a new refinery with greater capacity than the Port Harcourt for the same sum of $1.5 billion.”

lagosstreetjournal

Related post