Skip to main content
Buhari Never Said He’ll Reduce Petrol Price To N40–David West Restates
dw

Former Minister of Petroleum, Tam David-West, shed more light to comments attributed to himself and Buhari which suggested that PMS at the pumps could be sold for as low as N40 per liter. “I wish to correct a wrong impression carried in the newspapers, entitled, “Buhari’ll reduce petrol to N40-David West.” I did not make such categorical statement and I’m sure that Gen. Buhari will agree with me that I could not have made such a categorical statement.” David-West told the Vanguard in his Ibadan residence. “Gen. Buhari and I have said it times without number that the phenomenon called subsidy is fraudulent. N40 per litre is my own figure which I have repeatedly used in all my write-ups and interviews.” “Nigeria can go directly to refinery owners. We have done it before during Buhari’s time.” When asked if he would avail his services in the petroleum sector if invited or recommend anyone who could be of service to Nigerians, David-West said it was God “who directs him and leads him on what to do next
“In 1990, I wrote on sabotage theory of Nigeria’s refineries which was published by Vanguard. Our refineries can work, but some people sabotage the refineries. It is not because we don’t have Nigerians who can repair it and turn things around. If that fails, the people who built refineries can repair it. If people in government do it, there will be no more importation of fuel. “I respect Gen. Buhari because he has much integrity and I believe that he would be a good leader. It is true that expectations of Nigerians are very high. No new leader can perform miracles. People should give him time and conducive atmosphere to perform. I don’t believe in 100 days in office, it is nonsense. If you are packing from one house to a new one, will 100 days be enough to settle down. How do you expect a sudden turn-around within 100 days when so much damage has been done for years. “But, it will not take too long before Nigeria would experience that change they crave for. Between the first six months and one year, people would feel that positive change,” he said

Read more at: Buhari Never Said He’ll Reduce Petrol Price To N40–David West Restates | LATEST NIGERIAN NEWS BREAKING HEADLINES NEWSPAPERS

Comments

Popular posts from this blog

Amazon plans to lay off about 10,000 employees starting this week

Amazon.com Inc is planning to lay off about 10,000 people in corporate and technology jobs starting as soon as this week, the New York Times reported on Monday, citing people with knowledge of the matter. The cuts will focus on the e-commerce giant's devices unit, which houses voice-assistant Alexa, as well as its retail division and human resources, according to the report, which also said the total number of layoffs remains fluid. The company did not immediately respond to a Reuters request for comment. As of Dec. 31 last year, Amazon had about 1,608,000 full-time and part-time employees. Amazon joins a bandwagon of U.S. companies making deep cuts to its employee base to brace for a potential economic downturn. Rad also:  Tech Boot Camp: Cadbury Nigeria Empowers over 9000 Kids Last week, Facebook-parent Meta Platforms said it would cut more than 11,000 jobs, or 13% of its workforce, to rein in costs. (Reporting by Tiyashi Datta in Bengaluru; Editing by Arun Koyyur)

Prices of Maize, Rice and other food commodities to rise in December, 2022 – Survey

One of Nigeria’s commodities market players, AFEX has forecasted a surge in prices of six food commodities, namely maize, paddy rice, sorghum, soybean, cocoa and sesame by the end of December 2022 to the first half of 2023. AFEX’s forecast is contained in its 2022 Wet Season Crop Production Report unveiled at a hybrid event hosted at the firm’s head office in Abuja on Wednesday. The report said maize which faces a projected decline in production levels of up to 14% will reach a higher average price point ranging between N214, 980/metric ton ($486.72) and N220,000/metric ton ($498.09) by the end of the fourth quarter (Q4) 2022. According to the report, this is compared to an average price of ($475.97) N210, 229/metric ton in Q4 2021, and projected that soybean price will rise by 6% by May 2023. David Ibidapo, AFEX head of market data and research who presented the report said annual crop production research seeks to provide robust market intelligence for agriculture value chain player

Photos: Papa Ajasco opens baby factory

Papa Ajasco & Company, Nigeria’s Most Watched TV Comedy, has commenced a new season of amusing adventures, including a story in which Papa Ajasco, Pa James, Miss Pepeye, Boy Alinco, and Mama Ajasco establish and operate an illegal ‘Baby Factory’; with hilarious consequences. According to the Managing Director of WAP,Wale Adenuga Jr.,“This new season of PAPA AJASCO & COMPANY is packed with several entertaining stories. They really get themselves into some tight situations; but these experiences always leave them, as well as the viewers,with new important lessons and of course uncontrollable laughter.”