Wednesday, June 30, 2021
Nigerian Kyari Fallacies
NNPC Group Managing Director might be wrong to have concluded the petrol price should be more than N280 per litre that the current pump price of N162 has been an incentive for smuggling, contrarily, the low price as he called it (though to be really at N100) should scare the smugglers away, reason in furtherance to lower the price. The huge consumption volume, against his fallacious standpoint that the huge consumption volume has been necessitated by smuggling as well was wrong on the veracity the huge consumption volume only has been immanent due to power outage which the government must borrow to improve not to borrow and purchase stake in Dangote refinery when Port Harcourt refinery is waiting for rehabilitation. In his further aberration if diesel could not be sold more expensive than petrol anywhere in the world, then the OPEC excuse of regulating the prices has been overruled indeed by this diatribe enacting local price control to be advantageous to the downtrodden. The ongoing meetings between the government and the organised labour on petrol price might never be concluded though Kyari proclaimed parochially it would be concluded, it could not because Nigerians are only prepared to purchase PMS at N100 only with the organised labour not stooges discerning government could not effect any change in cost of commodity by hike.
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