Petrol station
Hehehe.......PENGASSAN Chairman, Port Harcourt Zone, Azubuike M. Azubuike has challenged the Federal Government to pass the PIB bill.
The Petroleum and Natural Gas Senior Staff Association of Nigeria
has described the reduction of the price of premium motor spirit by N2
as ridiculous, according to a report by Punch.
Speaking on the matter, PENGASSAN Chairman, Port Harcourt Zone, Mr.
Azubuike M. Azubuike, said it was shocking that some people were
jubilating over a reduction in the price of petrol by a meagre N2.
He advised the government to pass the Petroleum Industry Bill to
law instead of making such insignificant reduction which cannot change
the suffering of the masses. Azubuike said the passage of the PIB into
law would bring about a lot of investment in the oil and gas industry.
Azubuike said, “If there is any word like ridiculous, yes, the
reduction of the price of petrol by N2 is ridiculous. How much is crude
oil in the international market? Why is it that people are jubilating
over the removal of N2 from the pump price of petrol?
“There are a lot of things that government can do that will
make people to be happy. For an instance, there is no investment in oil
and gas due to the non-passage of PIB into law. If government should
pass the PIB into law, there would a lot of investments in the oil and
gas industry and people can get jobs directly and indirectly.
“That is what we want government to do. Nothing can be more
ridiculous than removing N2 from the price of petrol and people are
jubilating. It is not worth it and how many filling stations are selling
at that new price? Reduction by N2 is insignificant and has no economic
importance as far as I am concerned.”
The PENGASSAN zonal chairman also expressed the need for the
nation’s refineries to be put in order while the plan to construct
modular refineries should be implemented.
“Putting the refineries in order and make the proposed modular
refineries work so that we can be able to produce more PMS and other
petroleum products will help us to flood the West African market with
more petroleum products and improve our revenue. Again, it will help the
country to reduce the rate of unemployment,” he added.
Describing Nigerians as one of the greatest and most understanding
set of people to govern, Azubuike lamented that their leaders did not
have their (Nigerians) development at heart.
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