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LogoDaily Independent Online.         * Friday, August 13, 2004.

Petroleum: Lies of a rollover Government

By Lanre Banjo

 

The government of my country, headed by General Olusegun Obasanjo, waters the seed of deceit, lies, fabrications, destruction of life, and it is a rollover government for the world powers. The result is the germination of fruits in the image of Nigerians who are made and programmed to cherish lies, hate, self-destruct, grow in corruption and see themselves as subhuman to the other race.  This is why nothing works and nothing will ever work in Nigeria, and real progress would continue to elude us.   

 A government that ignores its talents and spends heavily and in an imprudent manner to look for a ghost called foreign investors when it has foreign missions whose job is to sell the country to all and sundry, in my pet view, is a good-for-nothing government.  A good government should focus on its people so that they can be made marvelous in the eyes of others who would be excited to visit the country. A government that dribbles its citizenry so much to the ground would end up dribbling itself.  The powers that are using our elected and appointed officials as pawns, and accord them international status which simply means obedient traitors, would dump them later in the future.  Saddam Hussein is a living example. Those using General Obasanjo to make our people destitute through unjustifiable increase in the price of oil and privatization of our heritage would eventually say, “Ladies and Gentlemen, we got him.”   

 So that they would not think that we are all fools, there is a need to expose their lies by making public the price of oil and other welfare programmes obtainable in other countries. The average pump price of the lowest grade 87 octane unleaded per gallon in any of the 50 states of the United States including the District of Columbia and other Federal territories is $1.83 per gallon, while the highest grade 93 octane averages $1.95 per gallon. Factored into this price are the following:

         7.65 per cent for Social Security taxes and Medicare taxes;

        Sales tax which ranges from 5 per cent to 9 per cent per gallon depending on the State;

        Unemployment taxes which is 2.7 per cent of the first $9,000 paid to each employee annually in the District of Columbia;

        1.9 per cent of the first $8,000 paid to each employee annually in the State of Maryland

        Federal Unemployment Taxes which starts from 0 .8 per cent;

        Cost of health insurance for employees working at the gas station; and

        Workmen compensation in case of injury on the premises.  

 Yet on the average, the starting salary for a petroleum station employee is $7 per hour depending on the State.  When our Government lies that the price of oil in the United States is equally increasing, those Nigerians who are interested in being informed need to know the composition of the price of oil per gallon and the welfare programmess factored into the price in the United States.  For the information of the readers, a gallon equals 4 litres, so Nigerians can now multiply the price of oil per liter by 4 to make it comparable with the price of oil in Nigeria.  

 The government of General Obasanjo is pushing for N50 per litre, which is N200 per gallon.  At the unofficial rate of exchange of $1 to N135, a gallon of petroleum would cost Nigerians $1.48.  This price is devoid of the welfare programmes of the enviable governments of states and federal of the United States.  United States purchases crude oil from Nigeria and where there is an arm-length transaction, there should have been a mark-up, which should be advantageous to Nigerians.  The country is also blessed with oil, which is reserved for strategic reasons with a ploy to control others’ reservoir of oil with its marine, if need be.  The President of Nigeria punishes Nigerians for his horrible incompetence instead of Nigerians punishing him for his lackluster performance.   Such would be the case of a society who is deaf to voice of reasoning and to whom inane reasons are often tendered to economically stifle them after taking money and material things for votes.  

 Various reasons being proffered by our government to increase the price of oil are just too lunatic and can only be tendered to despicably uninformed citizens.  It proves that the evil deeds of our rulers towards citizens are just as natural to them as their breathing.  They all have pastors and Imams.  They go to various Churches and Mosques and they say they love God.  How can they love God they have never seen and hate and suffocate their bothers and sisters they see every day?  I have engaged in discussion with some Nigerians in the oil industry to familiarize myself with their thinking and the rationale behind the constant increase of oil price. Some urged the privatization reason and some argued that it is very expensive for government to subsidize at source, in addition to the preposterous reason of oil bunkering which General Obasanjo is determined to continue punishing poor Nigerians for.   

 On the issue of subsidy at source, I hasten to say that the Europeans and their descents worldwide, kill at source for oil.  It is a matter of fact.  The war in Iraq is about oil. Facts emerging after the war have proven that beyond reasonable doubts.  Only God knows how many people have been killed and only God keeps account of how many heads of state or presidents have been overthrown or killed because of oil.  OPEC is a creation of these same people for the same reason of getting free oil.  How many European countries endowed with oil belong to OPEC?  This was why Pa Obafemi Awolowo, of blessed memory, said that if he ever became the president of Nigeria, he would pull Nigeria out of OPEC.  OPEC is a case of masters telling their slaves what to do. Have we ever ventured to have them form “Organization of Aircraft Manufacturers” so that we can dictate how many to produce and how much to sell them?  The United States, with its military colossal strength is always ready to use that strength in any country to protect its national interest and that interest, when it comes to Nigeria, is our oil. So when Nigerians say that the World powers do not subsidize at source, I just look at them as either fools or profoundly selfish rich who do not care about the downtrodden.    To buttress my point, I reproduce below the article published in the Washington Post on June 28, 2004.

 The Minister of Finance, Mrs. Okonjo Iweala announced recently that there is a windfall from oil revenue.  The Vanguard of Monday, July 12, 2004 announced that such windfall might add up to N610.2 billion.  The Daily Independent of the same day announced that Nigeria earns N434b from oil sales, so what is the need for increasing the price of oil to suffocate the masses of Nigeria.  Look around the country, there is no development to write home about, electricity is still epileptic, water, not in various houses and telephone does not work well. One thing is certain, the eminent, the wealthy and the highly placed are running a tragic risk in their cruel and insensitive neglect of the poor and the downtrodden.

I often wonder what the Nigerian Labor Congress (NLC) stands for.  During the 2003 elections, they worked closely with General Obasanjo to ensure that he succeeded in rigging himself in. NLC did not deem it fit to educate its members on the electoral process, and discourage them from receiving fake scholarships, wheelbarrows and other material things from candidates. In an event solely organized for General Obasanjo, he told them that he would increase the price of oil. Now they are acting like fowls. With all the dues they collect, one would expect them to have a research department that would focus on how much per litre, oil is sold in all the Arab countries, and the social programmes in these countries, including West Gaza where Palestinians have been in war since its’ creation. Perhaps these labor people get rich from strike or perhaps God keeps them alive for the whips of General Obasanjo.  

•Banjo was a gubernatorial aspirant on the ticket of the National Conscience Party

 

 

 

Copyright� 2002. All Rights Reserved Independent Newspapers Limited
Block5, Plot 7D, Wempco Road, Ogba, P.M.B. 21777, Ikeja, Lagos State, Nigeria.
www.independentng.com
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