Good News: Buhari Will Reduce Petrol Price To N40 Per Litre - Prof David West

[1] 2
at 08:36 AM, 14/04/2015 (3 years ago)
(3751 | Gistmaniac) (m)

Former Minister of Petroleum and Energy, Prof. Tamunoemi David-West has excited Nigerians with an assertion about how much the pump price of petrol will be during the regime of Muhammadu Buhari, Nigeria’s president-elect.

According to David-West, petrol price will drop sharply from the current N87 to about N40 per litre. “The president-elect, Gen. Mohammed Buhari, will reduce the fuel pump price to N40 per litre.”

“I want to assure you that by the time he takes over, petrol will be dispensed at N40 per litre. This is possible and he has the credibility to make it work,” he told Vanguard in a telephone interview.

“The major assignment of the president-elect when he is eventually inaugurated is to restore confidence to the industry,” said David-West, who was federal minister of petroleum and energy from 1984-1985, under General Muhammadu Buhari when he was head of state.

He noted that Buhari was familiar with the petroleum industry, being a former Federal Commissioner (position now called Minister) for Petroleum and Natural Resources himself and a former chairman of the Nigerian National Petroleum Corporation (NNPC). He couples this experience with integrity and respect for democratic principles, according to David-West.

“As military head of state, he dealt with the Federal Executive Council with the tenets of democracy. Buhari will build new refineries to make petroleum products available for the masses. No responsible government will allow the masses to suffer.

“He will strengthen the refineries within a year. It is possible as we won’t spend any amount in setting up a green field refinery.

“We already have a blueprint as we shall use what we have to get what we want,” he added.

Commenting on Buhari’s stance on fuel subsidy, David-West stated that on many occasions, the president–elect had disclosed that the subsidy initiative is a fraud which has distorted the progress expected in the sector. He added that on countless occasions, he had argued that the country is forced to pay for scam carried out by oil cartel. This, he noted has been inhibiting efforts to properly carry-out the Turn Around Maintenance (TAM) for the refineries.


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beneno at 08:48 AM, 14/04/2015 (3 years ago)
(26080 | Addicted Hero) (m)
 Roll Eyes Roll Eyes Roll Eyes Roll Eyes
Reply
waleagali at 08:48 AM, 14/04/2015 (3 years ago)
(15 | Newbie) (m)
I pray o
Reply
bankadetoun at 08:50 AM, 14/04/2015 (3 years ago)
(2374 | Gistmaniac) (f)
Good news
Reply
misterjohn at 09:04 AM, 14/04/2015 (3 years ago)
(3751 | Gistmaniac) (m)
Quote from: beneno on 08:48 AM, 14/04/2015
Roll Eyes Roll Eyes Roll Eyes Roll Eyes
Reply
allenspike at 09:20 AM, 14/04/2015 (3 years ago)
(3388 | Gistmaniac) Online (m)
If Dis Prophecy come 2 pass Omo na 2 seat down 4 ground drink beer and vote 4 buhari 4 2cond term
Reply
DMG17 at 09:30 AM, 14/04/2015 (3 years ago)
(1407 | Gistmaniac) (m)
I HAVE RESPECT FOR MEN WITH PRINCIPLES LIKE PROF. DAVID WEST AND GEN. BUHARI. THEY BOTH WORKED TOGETHER AND SUCCESSFULLY RAN THE OIL INDUSTRY EFFECTIVELY AND NIGERIANS NEVER SUFFERED UNDER THEIR ADMINISTRATION AS OIL MINISTERS. WE NEED PEOPLE LIKE THIS IN GOVERNMENT.
Reply
akhaifo at 09:50 AM, 14/04/2015 (3 years ago)
(334 | Upcoming) (m)
If he can achieve it then Jonathan was nothing more than a corrupt president.
Reply
abbasbash at 09:52 AM, 14/04/2015 (3 years ago)
(44 | Newbie) (m)
apc apc nigeria dont worry he will due more an more change
Reply
Bnwosu at 10:03 AM, 14/04/2015 (3 years ago)
(39 | Newbie) (f)
GMB u ve made lots of promises, we re waiting 2 c al dis come 2 pass. Pls don't change dis story 2moro. APC...... Change (no change am o)
Reply
igbinedios at 10:25 AM, 14/04/2015 (3 years ago)
(21 | Newbie) (m)
i 'm proud to be a Nigeria!
Reply
freethinker at 10:44 AM, 14/04/2015 (3 years ago)
(5165 | Gistmaniac) (m)
WE ARE WAITING AND WATCHING
Reply
Wysetots at 10:50 AM, 14/04/2015 (3 years ago)
(8191 | Hero) (m)
Don't shoot yourselves in the foot.
Reply
femjay at 10:58 AM, 14/04/2015 (3 years ago)
(3361 | Gistmaniac) (m)
Sound Great ....

But in as much as we want change , some persons shouldn't be saying things the GENERAL has nt promised , there by raising unnecessary expectations ....

We will be glad if it happen .... But let it come from GMB and let him be Inaugurated First
Reply
chinwangwa at 11:39 AM, 14/04/2015 (3 years ago)
(224 | Upcoming) (m)
WELLCOME DEVELOPMENT BUT WE WANT STANDBY ELECTRICITY SUPPLY PLEASE....
Reply
Albert2216 at 12:07 PM, 14/04/2015 (3 years ago)
(19 | Newbie) (m)
Waiting for the time to come. just two weeks remaining
Reply
Oways at 12:31 PM, 14/04/2015 (3 years ago)
(3858 | Gistmaniac) (m)
It will be a very BOLD step to his tenure..we welcome the idea with both hands
Reply
sweetypweety at 12:49 PM, 14/04/2015 (3 years ago)
(1195 | Gistmaniac) (f)
Quote from: femjay on 10:58 AM, 14/04/2015
Sound Great ....

But in as much as we want change , some persons shouldn't be saying things the GENERAL has nt promised , there by raising unnecessary expectations ....

We will be glad if it happen .... But let it come from GMB and let him be Inaugurated First
Reply
sweetypweety at 12:51 PM, 14/04/2015 (3 years ago)
(1195 | Gistmaniac) (f)
Quote from: femjay on 10:58 AM, 14/04/2015
Sound Great ....

But in as much as we want change , some persons shouldn't be saying things the GENERAL has nt promised , there by raising unnecessary expectations ....

We will be glad if it happen .... But let it come from GMB and let him be Inaugurated First
Exactly
Reply
echeeche at 12:54 PM, 14/04/2015 (3 years ago)
(9422 | Hero) (m)
May God help you to do it
Reply
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