Categories: METRO

Diesel, Cooking Gas price Hike A Global Trend –Lai Mohammed

Minister of Information and Culture, Lai Mohammed, says the rising prices of petroleum products including petrol, diesel, aviation fuel and cooking gas in Nigeria are not limited to the country but a global problem also experienced in the United Kingdom and the United States.

Minister of Information and Culture, Lai Mohammed

He stated this at a press conference in Abuja while reacting to sundry issues confronting the nation in recent times.

Mohammed said, “The last issue I want to address is the figures being bandied around by the folks on the other side and a section of the press,
comparing the prices of some foodstuffs, petrol, diesel, etc pre-2015 and now. This misuse of statistics is clear mischief. Those who bandy
around these figures without putting them in context are being clever by half.

“Let’s take the price of foodstuffs and petrol. Google the price of foodstuffs in other countries, especially the UK and the US, and you will discover a steep rise. Ditto for the price of gas or petrol. What we are saying is that this increase is a global trend, and it’s not limited to any country.

“Therefore, presenting it as a Nigerian problem is mischievous, disingenuous and a clear act of misinformation. Let me add that the crippling fuel shortage experienced across the country in recent times has started easing, as the measures put in place by the government begin to work.”

Sponsored

For months, Nigerians have had to contend with energy crisis with sharp increase in the cost of cooking gas, petrol amid power outages and grid collapse.

While petrol became scarce with a corresponding price increase, the price of diesel rose astronomically from about N250 to about N750. Also, 12.5kg of cooking gas, in the last one year, rose from about N3,000 to N8,000. Several businesses and homes have been badly affected by the crisis in the energy sector.

 

SPONSORED
ABN Editor 2

An open source journalist and content manager

Recent Posts

Nigeria’s Chief Of Defence Staff Hails Simon Ekpa’s Arrest, Awaits Extradition

The Chief of Defence Staff, General Christopher Musa, said he hoped that with the arrest…

9 hours ago

Gov. Sanwo-Olu Presents ₦3trn 2025 Budget To Lagos Assembly

Governor Babajide Sanwo-Olu of Lagos has presented the sum of ₦3.005 trillion before the state…

11 hours ago

Abia CP Storms Ohafia, Vows To Smoke Out Gunmen Who Attacked Police Officers

Abia State Commissioner of Police, CP Danladi Isa on Wednesday led an operation along Asaga…

12 hours ago

Abia Man Urges Gov. Otti To Borrow Former Governors’ Models To Tackle Insecurity

Popular Abia-born journalist and online publisher Ifeanyi Okali has called on the state governor, Dr.…

14 hours ago

Akpabio-led Senate Approves Tinubu’s Fresh $2.2bn Loan Request

The Senate, on Thursday, approved the $2.2 billion fresh loan request by President Bola Ahmed…

14 hours ago

Popular Attorney And Activist Shot Dead In Benue

Mike Ofikwu, an activist and lawyer from Otukpo, was brutally killed by unidentified armed men…

16 hours ago