President Bola Tinubu has calmed frayed nerves of Nigerian over rumours making the rounds that government intends to further increase fuel price, iwitnesslive.com can report
Special Adviser to the president on Media and Publicity, Ajuri Ngelale, while briefing State House correspondents at the Presidential Villa, Abuja disclosed that the present administration have no plan to increase pump price, rather, it would do everything humanly possible to maintain current price without a reversal of its policy on subsidy removal.
The President also said that the threat by the Nigeria Labour Congress, NLC, to shut down the economy over rumoured plan to increase the fuel price was premature and said it was incumbent on all stakeholders to maintain their peace.
The media briefing was after the presidential spokesman had met with the president on the issue following the threat by the NLC to go on strike without notice if the fuel price is increased again.
According to him, the official position is that there is no increase in prices at this time as “the president is convinced based on information before him that we can maintain current pricing without reversing our deregulation policy by swiftly cleaning up existing inefficiencies within the midstream and downstream Petroleum sector.”
He said it is incumbent on all stakeholders to hold their peace and endeavour to do due dillegence to assertain the true position.
According to him, the president is intent on maintaining competitive tension to ensure that no single imdividual or organization dominates the sector.
