Fuel price increase: Read what Ijaw youths have said and the decision of IYC
The umbrella body of Ijaw youths worldwide, the Ijaw Youths Council (IYC) has thrown its weight behind the moves by the Nigeria Labour Congress (NLC) to reject the federal government decision on the removal of the petroleum subsidy and increase the price of fuel to N234 per litre.
Ebilade called on the President Muhammadu Buhari administration to admit failure and approve the local refinery efforts of the people of the Niger Delta as another means of reducing economic burden, improve employment and ensure increase participation of the people of the region in oil exploration and bring down the exorbitant price of fuel. Most of the policies within the oil and gas sector are meant to impoverish Nigerians and increase the stolen wealth of the rich.
“Instead of embarking on wasteful spending on the repairs of moribund refineries which would be used as a conduit pipe for some politicians in the country, the federal government could have been well advised to accelerate building of modular refineries and local participation in crude oil refining which have been tested and trusted among the people of the Niger Delta region.”
“Even if the subsidy are to be totally stopped, there should have been a deliberate policy from a responsible and responsive government that more modular refineries and local refineries from the Niger Delta region should have been approved and established to reduce theft, diversion and increase local production and refining outside the country. And it will free capital resources towards development.”
