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Friday, June 18 2004

Vol 17 No.119

News

Editorial

Politics

Opinion

Fashion

Metro

Sports

Features

Business

  • Money/Market

  • Maritime

  • Aviation

  • Motoring

  • Rail/Road


  • New Page 1

    Kupolokun’s fuel price

    THE statement credited to the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Funso Kupolokun, that the selling price of petrol per litre should be N70, is to say the least, unfortunate and insensitive to the mood of the nation.

    Coming at a time when the wounds inflicted on individual Nigerians and on the economy by last week’s suspended strike is yet to heal, the pronouncement can only be viewed as an attempt to incite marketers into disobeying the order of an Abuja High Court to revert the pump price of petrol to N41.50k per litre.

    The strike called by the Nigerian Labour Congress (NLC) was suspended on the strength of strong assurances by agents of the Federal Government, including Mr. Kupolokun, that the marketers would obey the order of the court.

    But very unfortunately, rather than make efforts to redeem this pledge, and ensure compliance with the ruling of the court, the NNPC boss chose to further fuel the crisis and inflame passion through his unguarded statement.

    The least we had expected of a public officer of his standing, given the prevailing situation in the country, is to be concerned with the fact that most filling stations are still selling fuel at prices that are much higher than the N41.50 ordered by the court and the likely consequences of such a state of affairs should the NLC resume its strike on that score. He should have been sufficiently concerned with steps to redress the artificial scarcity being created to induce black marketeering, long queues at petrol stations and the associated hardship they impose on the citizens. We had expected him to be concerned with how to strike common grounds so as to find a permanent solution to the recurring fuel crisis.

    The message sent clearly by Kupolokun is that there will be no end to the fuel price crisis and that obeying the agreement that led to the suspension of the strike is no solution to the problem. This could well be. But it smacks of insensitivity to the plight of the suffering masses to be talking of fuel selling for N70 per litre when at a lesser price, labour had to go on strike to effect reduction.

    By virtue of his position as a public servant, he should be busy working out strategies that would lead to a resolution of the crisis and eschew actions and utterances that would exercerbate it. He should be seen making conciliatory suggestions as to how the present impasse can be resolved. But he ignored all these and chose to add salt to injury at a most ‘inauspicious time. This speaks a lot of the quality of people that preside over our nation’s affairs.

    Kupolokun’s argument on the return of scarcity and the inability of the NNPC to cope if the situation is allowed to be the way the court has ordered is defeatist. It is his business to find a way out that would favour the masses of this country who own the oil wealth in the first instance.

    Even if Mr. Kupolokun’s argument could be tolerated, the alarm was unnecessary especially coming at a time when dialogue between government, the marketers and labour should be advancing towards resolution of the logjam and moreso, as they had given every assurance that they would enforce the court’s order.

    The argument of Kupolokun also gives the impression that Nigerians as citizens of a major oil producing country cannot enjoy special benefits from their natural endowment. This cannot be reasonably sustained. Ironically, this has been the folly of the argument that the pump price of fuel must be determined by the uncertainties of the international oil market. It should not be so. Rather, serious efforts must be put to the repair of existing refineries or the construction of entirely new ones to protect our toiling citizens. We cannot be talking about paying international prices if our refineries are producing optimally. But then, a substantial quantity of fuel consumed domestically is still refined at home. Why do we have to sell both the imported ones and the locally produced variant based on the vagueries of the international oil market? This poser is at the centre of the contradiction in Kupolokun’s insensitive statement.

    The suggestion, is not only inauspicious but could further inflame passion especially as efforts are being made to resolve the dispute between labour and other stakeholders on the vexatious matter.

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