Wednesday, 4 June 2014

Petrol Palava

  Petroleum Pump Price

For a while now the pump price of petrol has been hovering any where above ₦110 per litre. Surprisingly, some South-South states buy at well above ₦130. This is happening in a country where the legal pump price is pegged at ₦97 per litre. It will take some hard argument to convince anyone that the FG is not tacitly condoning the situation. This is due to the obvious lack of interest of government to call the dealers to order. The petrol dealers are given free reinto fix the price of the commodity. If the government intends to remove the petrol subsidy it should just go ahead and do so.

  A situation where station owners are feeding fat on the general population should be arrested forthwith. The problem lies with enforcement. Some people are being paid with the tax payers money to enforce compliance but choose to sit on their hands. Nowadays they don’t even bother to bark not to talk of bite. The Directorate of Petroleum Resources (DPR) saddled with enforcing regulation is a toothless bulldog as regulations are routinely flouted by the filling stations operators. This is hardly surprising since most of the personnel has strings of filling stations. It is a clique thing. most commissioners and political advisers have filling stations hence the lack of political will by the DPR to do the needful. 

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