Federal Government of Nigeria under President Mohammadu Buhari’s administration has been urged to refrain from detecting for oil marketers as it involves their individual choices of fuel pump price.
The Honorable Commissioner for Information, Abia State government, High Chief John Okiyi Kalu (JOK) gave this charge in an exclusive interview with Famous Reporters, at his office, in Umuahia, the state’s capital, as he maintained that oil marketers should be allowed to import the product, as well as determine their prices, saying that such would enhance healthy competition and reduction in prices.
The Apostle of Capitalism insisted that the removal of subsidy which he recalled was earlier proposed by President Goodluck Jonathan’s administration ought to have been in the best interest of the nation, hence it was a perceived method of ending misappropriation of funds in the country.
“I like to avoid commenting on policy issues involving the federal government because I want to focus on abia state as much as possible. I’m aware that before 2014, Jonathan’s administration in 2012 and subsequently promoted the removal of subsidy and that time, I supported the proposal believing that it would end the regime of thievery that was being perpetrated in the name of paying subsidy.
“Number 2, I believe in competition, you can describe me as an apostle of Capitalism because I understand that if you have free market and you have competition as it should be that it leads to excellence; it gives alternative and ultimately drives down prices. To me, it was a way to go then and it is still the way to go now”, he said.
On PMB’s Independence Day speech wherein there was a wrongful comparison of Nigeria and Saudi Arabia by Mr. President, JOK reiterated that deregulation, whatsoever should be done in totality otherwise the country would be in jeopardy.
He said: “I do not like guided deregulation. If you have removed subsidy, don’t decide price for anybody; don’t tell oil marketers to sell at one naira or two naira. Allow everyone and anyone who is interested in importing fuel to do so. Don’t try to determine the price that it will be sold for any reason at all. It doesn’t matter whether the price goes up or falls. Secondly, allow everyone who is in interested in importing petroleum products to do so, do not grant license to anybody because when you do that, you are regulating and if you are deregulating, deregulate completely.
Continuing, he said: “Now, if you do that, because of competition, the price will go down. It is the same thing with telecommunication, when they came in initially, the price went up, I bought my first SIM card for #20,000.00 but today, SIM cards are given out free because of competition.
The price per call when GSM came out especially the ‘pay as you go’ was #50.00 per minute but today, intranet work call is free unlike back then when it was #11.00. That’s competition.
“So, if a government wants to deregulate, deregulate completely; do not play games by saying that we have removed subsidy and then the next day you say that only XYZ can import fuel. No, sir!
He further explained that proper deregulation would enable individuals to establish refineries which would also lead to a drastic reduction in price of the product.
“I am aware that if you deregulate properly, individuals will be able to establish refineries and buy crude oil from NNPC, refine it and sell and it will still further help us to bring down the cost of petroleum products”.
Meanwhile, he accused the APC government of hypocrisy, recounting on the latter’s sharp rebuff to the Jonathan’s proposed subsidy removal.
“I am an advocate of deregulation but I hate what they call guided deregulation just like I hate hypocrisy because the same administration that has now deregulated, to some extent, as members of the opposition APC, opposed the removal of subsidy during the Jonathan’s administration.
“Some of these political maliciousness worry me more than even the actions taken itself because if it was good for Nigeria in 2012, it should be good for Nigeria today but if it was bad then what has changed other than you now have the levers of power. So, this is my own way of saying to the electorate that when a man is desperate for power and he promises you heaven and hell, I will water you, I will fire you, check very well. That man is trying to cun you out of your vote.”
He, used the medium to advise Abia electorate to be ware of desperate politicians in the state, lamenting that, “some of these people who continuously want the governorship seat of Abia state are doing so not because they are going to do better but simply because they want political aggrandizement.”
138375 770157The vacation delivers on offer are : believed a selection of some of the most selected and furthermore budget-friendly global. Any of these lodgings tend to be very used along units may accented by indicates of pretty shoreline supplying crystal-clear turbulent waters, concurrent with the Ocean. hotels packages 714548
246387 258696Do you mind if I quote a couple of your posts as long as I offer credit and sources back to your web site? My weblog is in the exact exact same area of interest as yours and my visitors would truly benefit from some of the information you provide here. Please let me know if this ok with you. Thanks! 843373
Battle, build, and conquer—become the ultimate champion Lucky cola
748768 262292Respect to web site author , some very good selective information . 49534
19735 20373I like this weblog quite significantly, Its a rattling good billet to read and uncover info . 685875
636420 10621The particular New york Diet can be an highly affordable and versatile eating far better tool built for time expecting to loose fat along with naturally keep a healthful every day life. la weight loss 25256
472789 450031I like this website so much, saved to favorites . 501329
547071 530703Aw, this was a actually good post. In concept I wish to put in writing like this furthermore ?taking time and actual effort to make an exceptional write-up?nevertheless what can I say?I procrastinate alot and by no indicates seem to get something done. 76778
753592 91762Any way Ill be subscribing to your feed and I hope you post once more soon. I dont think I could have put it far better myself. 324249
… [Trackback]
[…] Info to that Topic: famousreporters.com/fuel-price-i-hate-guided-deregulation-deregulate-completely-abia-commissioner-urges-fg/ […]
580323 377090I enjoy your composing style, do carry on creating! I is going to be back! 113065
clomiphene or nolvadex for pct generic clomiphene without prescription can you buy generic clomiphene without rx can i buy generic clomid price get cheap clomid online how to buy generic clomiphene tablets clomid without rx
This is the description of serenity I get high on reading.
I couldn’t resist commenting. Well written!
zithromax oral – order sumycin 250mg for sale buy metronidazole 200mg generic
buy semaglutide 14 mg generic – cyproheptadine pills buy periactin 4 mg generic
… [Trackback]
[…] Here you will find 96261 additional Information to that Topic: famousreporters.com/fuel-price-i-hate-guided-deregulation-deregulate-completely-abia-commissioner-urges-fg/ […]
inderal 10mg over the counter – plavix 150mg over the counter order methotrexate 5mg online
amoxicillin for sale – order generic diovan generic ipratropium 100 mcg
zithromax 250mg usa – tinidazole 500mg generic nebivolol 20mg ca
buy augmentin 625mg pills – https://atbioinfo.com/ buy acillin online cheap
oral esomeprazole 20mg – anexa mate buy esomeprazole pills for sale
warfarin sale – https://coumamide.com/ order losartan 25mg pills
buy mobic for sale – relieve pain order meloxicam 7.5mg without prescription
order prednisone 20mg online cheap – https://apreplson.com/ buy deltasone 20mg generic
cheap erectile dysfunction pills online – fastedtotake where to buy ed pills online
amoxil medication – cheap amoxil online amoxicillin pills
oral fluconazole 100mg – flucoan cheap diflucan 100mg
cenforce 100mg uk – this order cenforce pill
what happens when you mix cialis with grapefruit? – does tadalafil work cialis a domicilio new jersey
what does a cialis pill look like – https://strongtadafl.com/# cialis wikipedia
ranitidine 150mg ca – cost zantac 300mg buy zantac online
sildenafil citrate 100 mg tab – https://strongvpls.com/# cheap viagra canada pharmacy
The vividness in this tune is exceptional. zithromax 250mg brand
I couldn’t weather commenting. Profoundly written! doxycycline 100mg para que sirve
I couldn’t turn down commenting. Adequately written! https://ursxdol.com/sildenafil-50-mg-in/
With thanks. Loads of conception! https://prohnrg.com/product/atenolol-50-mg-online/
I couldn’t turn down commenting. Profoundly written! aranitidine