Friday , October 19 2018
Breaking News

Make Ibe Kachikwu substantive petroleum minister, NANS urges President Buhari

The National Association of Nigerian Students, NANS, Zone B, has told President Muhammadu Buhari to disengage himself from the Ministry of Petroleum Resources as Minister and make Emmanuel Ibe Kachikwu substantive Minister following the lingering fuel scarcity in the country.

NANS held that “Buhari’s pseudo heading of the Petroleum Ministry has presented an uncertainty in the petroleum industry, and we therefore call for a substantive Petroleum Minister.”

The zone, in a statement by its Coordinator, Comrade Pedro Obi, said: “Nigerians have been made to pass through untold hardship for a fault of not theirs, with conflicting and counter directives emanating from the top hierarchy of the petroleum industry.

“Blaming filling stations/petroleum marketers is way being ignorant of realities, as our team of petroleum monitoring task force, has found out that Premium Motor Spirit, PMS, is being sold at high rate in depot and you can never expect somebody to sell less than his/her cost price.

“Department of Petroleum Resources, DPR, sealing of filling stations is sheer hypocrisy, as to us, if they are serious about controlling the price of the product, they should go to the petroleum depots where these private filling station owners lift product.

“Nigerians have been deceived, stolen dry and the various promises of reform in the industry have turned into a mirage as a result of nepotism occasioned by an incompetent manning of the industry.

“The Minister of State for Petroleum Petroleum Resources, Dr. Ibe Kachikwu, has not been given free hand to carry out his laudable plans for the sector. It is on this note, we call for the upgrade of Dr. Ibe Kachikwu as the substantive Minister of Petroleum Resources.

“At this point of our nationhood, if truly Buhari means well for the suffering Nigerian masses, this is surely the irreducible minimum demand, President Buhari can give to Nigerians, if he actually means well for us.”

 

About Lanre Oyetade

A multiple award winner in Economics and business journalism, Lanre Oyetade has served close to two decades in the media industry, spanning different notable stables, where he is privileged to have risen to the position of a title editor. A masters degree holder in Economics from the University of Lagos and doctoral student at the Babcock University, he is a winner of the prestigious NMMA Capital Market Award for two consecutive years (2004 & 2005), and was also a nominee for the body’s banking and finance and money market awards for two years. In 2013, he also won the Most Outstanding Business-Reporting Title Editor award of the National Institute of Marketing of Nigeria (NIMN). A minister in the LORDS’s vineyard, he has been an inspirational speaker and resource person at many corporate and religious fora since early 2004, and has so far authored three books on the capital market; on personal effectiveness, and on personal finance, in 2008 and 2014, respectively.