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Last Updated: Tuesday, December 14th, 2004 HOME | Previous Page Nigeria's fuel prices highest... THE Nigeria  Labour Congress (NLC) has described the retail  prices of petroleum products in Nigeria  as the highest in all the OPEC countries. The NLC in a statement  in Abuja said Nigerians   pay more than 15 Naira above what others in the OPEC country with the highest petroleum prices are paying. The NLC gave the data as follows: Algeria--N35.39, UAE--N36.55, Saudi Arabia-- N31.05, Kuwait-- N28.09, Indonesia-- N27.27, Quatar --N23.96, Libya-- N11.50, Iran-- N10.19 and Venezuela-- 6.71. The NLC pointed out that the statistics  being bandied around  by the Federal Government in respect of pump prices of petroleum products in other OPEC countries  was based only on propaganda. "We find  the present statistics-based  propaganda unacceptable. We believe that likes  should  be compared with likes, rather  than comparing oranges  with  apples. As a member of the Organisation  of  Petroleum Exporting Countries (OPEC), we have attempted a comparison of  Nigeria  with her fellow OPEC members. This comparison clearly shows  that among OPEC countries, petroleum products prices are highest  in Nigeria." The NLC added that Nigerians are being continuously deceived because of the vested interests of some Nigerians in the petroleum industry. It described attitude of Government issues of prices as an indication that   the government officials lacked   the  will  to arrest these interests. "It is a shame  that  even  the  announced  price of kerosene, the product the President chose to specifically single out for  his intervention,is not being observed  anywhere in  the country. "We call on Nigerians  not to be misled  by the flaunting of selective data and to continue to insist on a policy driven by the developmental needs of the overall Nigerian economy."   Rotimi Ajayi Abuja   Copyright� 2004. All Rights Reserved. Independent Newspapers Limited Block5, Plot 7D, Wempco Road, Ogba, P.M.B. 21777, Ikeja, Lagos State, Nigeria. www.independentng.com e-mail: [email protected] Designed By Powered By DNet.

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