Tuesday, June 28, 2022

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‘FG intends to sell fuel at N500 per litre’ – Falana

Senior lawyer and rights activist, Femi Falana (SAN), has raised an alarm over alleged plans by the President Muhammadu Buhari-led government to sell a litre of fuel at N500 before the year’s end.

Falana spoke at the weekend in Abuja during a two-day conference of the People’s Alternative Political Parties Summit titled, “A New Nigeria Is Possible”.

Delivering the keynote address at the summit, the rights activist highlighted the President’s past comparison of the prices of fuel in Nigeria and neighbouring countries, SaharaReporters writes.

He said the government can no longer be trusted after the announcement of full deregulation of fuel in 2020 which led to the sale of fuel at N168 per litre.

Falana said, “Last September, this same government announced that following the full deregulation, fuel was going to be sold at N168 per litre. Today, we are being told that there will be full deregulation again which will raise the price to N230 per litre.

“(But) Let me predict here that if care is not taken, the government intends to sell fuel at N500 per litre before the end of this year.”

He accused the government of destroying the economy and devaluing the naira through the dollar-based economic system.

He added that a new Nigeria has to be founded on the platform of social justice and there was the need to collaborate with like-minded progressive forces and reposition Nigerians to take back power.

He said, “We want to take Nigeria back from the soiled hands of political buccaneers and that is the essence of the meeting.

“That is why we believe that a new Nigeria is possible that will be run and managed by the Nigerian people and not by alien forces of destruction.”

Falana also condemned the $1.5 billion budget for the rehabilitation of the Port Harcourt purportedly approved by the Federal Executive Council. He said, “It is illegal in that it has not been appropriated by the National Assembly pursuant to sections 59 and 81 of the Constitution”.

He asked the National Assembly to request the President to propose a money bill for the said sum of $1.5 billion.

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