Editorial
No To Petrol Price Hike
The Petroleum Products Marketing Company (PPMC), penultimate Wednesday, announced a new ex-depot price of N151.56 per litre for Premium Motor Spirit (PMS), also known as petrol.
The new price was, however, reported to have been overridden by the N147.67 per litre price later announced by the Nigerian National Petroleum Corporation (NNPC) which claimed that the earlier announcement by its subsidiary was premature and unauthorised.
Following the PPMC’s announcement, petroleum products marketers had warned that the litre price of petrol might rise to between N162 and N165. But with the NNPC’s announcement of a lower ex-depot price, they were said to have adopted a band of N148-N150 per litre pump price.
Before the latest price increase, the ex-depot price of petrol was stated at N138.62 per litre with the Petroleum Products Pricing Regulatory Agency (PPPRA) approving a pump price band of N140.80-N143.80, even though the product retailed largely at N145.
Coming a day after the government announced a similar hike in electricity tariff, many Nigerians were livid and expressed their disappointments while reacting to the development.
President of the Nigeria Labour Congress (NLC), Ayuba Wabba, said that Nigerians and the NLC were shocked by the increase, especially coming at a time when the masses were passing through very precarious times.
“The increase in the price of petroleum (sic) has happened now more than three times in three months. Only yesterday (September 1), they hiked the tariff of electricity. To compound it, they also reduced the interest rate on savings which affected mostly the poor and the vulnerable.
“While rejecting this in the strongest terms, I think Nigerian government is taking Nigerians for granted,” he said.
According to Wabba, NLC’s Central Working Committee is currently discussing the next line of action.
The main opposition party in the country, the Peoples Democratic Party (PDP), was equally swift in demanding a reversal of the petrol price increase in order to avert a national crisis.
In a press statement issued by its National Publicity Secretary, Kola Ologbondiyan, the party warned that “The increase will result in upsurge in costs of goods and services and worsen the biting hardship being faced by Nigerians who are already impoverished and overburdened by APC-imposed high cost of living in the past five years.”
In his reaction, the Acting Director General of the Manufacturers Association of Nigeria (MAN), Ambrose Oruche, said that the poor and small businesses that depend on petrol to power their electricity generators would be hard hit.
Oruche, in an interview with newsmen, advised government to reduce the impact by ensuring that power generation and distribution improve significantly so as to enable people get at least 20 hours of light in a day to reduce their dependence on petrol.
But even with the growing public outcry over the new fuel cost, the Federal Government has continued to justify its action while insisting on a non-reversal.
Minister of State for Petroleum Resources, Chief Timipre Sylva, had, while addressing newsmen a day after the new price announcement, blamed the situation on the government’s inability to raise N1 trillion annually for fuel subsidy payments.
The Tide wishes to join other well-meaning Nigerians in calling on the Federal Government to rethink the current hike in petrol pump price so as to reduce the negative impact on the masses.
We recall the spontaneous mass revolt in 2012 when the President Goodluck Jonathan administration attempted an increase in fuel price which forced the government to quickly rescind its policy. That, we think, is the mark of a listening administration and commends itself to succeeding regimes.
Again, given the ravaging impact of COVID-19 pandemic on Nigerians, the current hikes in the prices of such essential commodities as petrol and electricity appear to be ill-timed and capable of portraying the government as both wicked and insensitive.
We are equally appalled by government’s reluctance to vigorously pursue a rehabilitation of the nation’s four refineries in order to reduce the cost of petroleum products on consumers. No matter how well the government’s argument may sound against petrol subsidy, we still think that its withdrawal should have come after a full repair of the refineries.
Need we also remind government at all levels that the time calls for more pragmatic efforts at diversifying Nigeria’s economy to curtail the dependence on oil revenue for national development. It is sad that not much, if anything, appears to be happening in the solid minerals sector.
Furthermore, we think it is high time the nation’s leaders took serious steps to cut down the cost of governance by checking profligacy and corruption in the system.
Editorial
That Oshiomhole’s Call On FG’s Road Projects
There are moments in the life of a legislature when plain speaking becomes a public service. Senator Adams Oshiomhole provided such a moment on the floor of the Senate when he accused the Minister of Works, Senator David Umahi, of manifestly neglecting critical federal arteries in Edo and Delta States, and implored his colleagues to prevail on the Minister to adopt a more equitable and genuinely national approach to road infrastructure delivery. It was blunt, it was uncomfortable, and it was necessary.
The specifics of his complaint deserve restating. Drawing attention to the recent approval of some 20 new road projects despite the parlous state of existing ones, the former Edo State governor lamented that Nigerians cannot travel from Benin to Warri, Benin to Asaba, Benin to Auchi, or Auchi to Okene without encountering severe distress. He alleged a deliberate omission of these corridors from the national budget in the last three years, save for palliative interventions directed by President Bola Tinubu through tax credit arrangements. His question — “What have we done wrong?” — resonates far beyond the chambers of the National Assembly.
We lend our full and unequivocal support to that call. The Auchi-Benin Road, for instance, has been in a deplorable and near-impassable condition for several years, turning what should be a two-hour journey into an all-day ordeal of broken axles, extortionate fares, and despondent commuters. The media have, on multiple occasions, chronicled the suffering of motorists, traders, and students who ply that route. To describe it as a federal road today is to stretch the meaning of the term beyond recognition.
This pattern of sidelining is not confined to Edo or Delta. Even here in Rivers State, the disposition of the Federal Ministry of Works has left much to be desired, particularly along the Eleme axis of the East-West Road. That road, which ought to be a flagship of federal presence in the Niger Delta, has remained in a wretched state for long. Those who use it daily — workers at the Eleme Petrochemical Complex, the two refineries, Onne Port, and the countless ancillary industries — can attest to its deterioration. Work has proceeded in fits and starts without the sustained urgency such a strategic road demands.
The Eleme stretch is not a mere intra-state byway. It is the gateway to the nation’s economic jugular. According to the Federal Ministry of Works and Housing’s 2023 Highway Condition Survey, only about 35 per cent of the country’s 36,000 kilometres of federal roads are rated as being in good or fair condition, with the remainder classified as poor or very poor. The East-West Road, conceived in the 1970s to bind the entire Niger Delta, remains unfinished in critical sections more than four decades after. If it had been treated as a priority, the perennial gridlock, carnage, and economic loss on the Eleme-Refinery junction would have long been consigned to history.
The irony is as painful as it is glaring. The Niger Delta remains the goose that lays the golden eggs. Data from the Nigeria Extractive Industries Transparency Initiative [NEITI 2023 Oil and Gas Audit] show that the region still accounts for over 78 per cent of Nigeria’s federally collected export earnings and about 65 per cent of total government revenue. The National Bureau of Statistics [NBS Foreign Trade Report Q4 2024] similarly confirms that crude oil continues to dominate export receipts. By every metric of equity and economic logic, a region that sustains the national purse deserves first-rate consideration in the allocation of infrastructure, not afterthoughts and tokenism.
Road infrastructure is not largesse to be dispensed by favour; it is the skeleton upon which commerce, cohesion, and citizenship hang. When contracts are concentrated in one geopolitical zone while other zones are left to contend with craters, it erodes trust in the federation itself. The World Bank’s Nigeria Development Update [June 2023] estimated that poor transport connectivity inflates the cost of moving goods by up to 40 per cent and costs the Nigerian economy an estimated $1.5 billion annually in lost man-hours and vehicle maintenance. If we profess to be one country, then equity must be the compass that guides key institutions before any project is executed. Development must spread round, not pool in one place as though other regions do not matter.
There is also a grave security dimension that can no longer be ignored. The deplorable condition of federal roads has become a veritable enabler of criminality. The NBS Crime Experience and Security Perception Survey reported over 2.5 million incidents of kidnapping-related occurrences nationally, with transport workers identifying bad road spots as prime ambush points. When vehicles are forced to crawl at 10 kilometres per hour through failed sections at Auchi, Sapele Road, or Eleme, they become sitting ducks for armed gangs. Fixing bad roads, therefore, is not merely about convenience; it is about safeguarding lives.
By his intervention, Senator Oshiomhole has hit the nail on the head and reminded Minister Umahi of a fundamental constitutional truth: public office is held in trust. The Ministry of Works is not a personal estate where contracts are awarded according to whim or political convenience. It is a national institution funded by the collective resources of Nigerians, including the oil and gas rents from the very communities whose roads are now neglected. The Minister must demonstrate balance, transparency, and a pan-Nigerian outlook in the distribution of projects that impact the daily existence of citizens. Selective neglect breeds suspicion, and suspicion is corrosive at a time when the nation is preaching unity, oneness, equity, and justice.
Consequently, the National Assembly must go beyond rhetoric and assert its oversight powers with vigour. Sections 88 and 89 of the 1999 Constitution [as amended] empower the legislature to investigate and expose any maladministration in the execution of federal projects. If an office holder is not acting rightly, it is the duty of the Senate and the House of Representatives to call him to order. Oversight must not be reduced to budget approval ceremonies; it must translate to field verification, public hearings, and insistence that the Federal Character principle, as enshrined in Section 14(3) of the Constitution, reflects in road awards.
Let the Auchi-Okene, Benin-Warri, Benin-Asaba, and Eleme East-West gangways be restored to motorable dignity. Let priority be given to completing existing, economically vital roads before embarking on new ones. If those who, through their resources, sustain the federation are sidelined in the distribution of tangible dividends, it tells poorly of our nationhood. Bad roads must be fixed, and they must be fixed now, with fairness as the guiding standard.
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