Monday, 25 May 2015

FUEL PRICE HIKE SAGA: THE TRUE CAUSE REVEALED!!

As the price of PMS continues to rise at the most disturbing rate, Lagos now selling 500 naira per litre and Anambra hitting the 200 naira  mark, Nigerians are bewildered and stuck with the question, 'Why?', 'What is happening?'

A most staggering revelation was just made by a petroleum dealer about the true cause of the fuel scarcity that has led to the continuous increase in price nationwide.  He says in response to the news that Ifeanyi Uba's Capital Oil filling stations will sell fuel at reduced price and will send 50 trucks of PMS to Anambra State tomorrow, tuesday, May 26, 'Nigeria's PMS daily demand is 300 million litres per day. The 70 million Capital Oil has in its custody (as a result of helping NNPC with storage) will not do any magic.'

Speaking further on the true cause of the fuel scarcity, he intimated, 'NUPENG and PENGASON, alongside Independent Oil Marketers  are on strike because of unpaid subsidy claims.
they are desperate for the payment before the handover because they are scared of the possible outcomes of the change in government, come May 29th.  they have been on Okonjo Iweala's neck but she maintained their claims must be verified before they are paid. therefore, they have resorted to strike action as a desperate way of coercing the federal government to comply.

Hmm, Nigerians. It seems we are 'the ones killing ourselves.'

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