22 December 2015

PRESIDENT BUHARI APOLOGISES TO NIGERIANS OVER FUEL SCARCITY

President Mohammadu Buhari reading his Budget Speech
President Muhammadu Buhari has apologized for the prolonged fuel scarcity currently being witnessed in the country, noting that it was caused by “market speculators and resistance to change by some stakeholders”.

President Buhari made this known while presenting the 2016 budget. 
Buhari said his administration was working hard to ensure availability of petroleum products across the country in shortest time possible.

The President reiterated that the fight against corruption, especially in the oil sector will be sustained, while aiming at ensuring that the sector is made more efficient and transparent.

President Buhari also put to rest the rumored increment in the pump price of petroleum products by insisting that the current price of premium motor spirit of eighty seven naira will be sustained for now.


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