Tuesday, 14 April 2015

Buhari will reduce petrol to N40/L - Tam David-West says

Former Minister of Petroleum and Energy, Prof. Tam David-West, in a telephone conversation with Vanguard said Buhari will reduce the current fuel price which is N87 to about N40 per litre when he becomes president.
“I want to assure you that by the time he takes over, petrol will be dispensed at N40 per litre. This is possible and he has the credibility to make it work. The major assignment of the president-elect when he's eventually inaugurated is to restore confidence to the industry. As military head of state, he dealt with the Federal Executive Council with the tenets of democracy. Buhari will build new refineries to make petroleum products available for the masses. No responsible government will allow the masses to suffer. He will strengthen the refineries within a year. It is possible as we won’t spend any amount in setting up a green field refinery. We already have a blueprint as we shall use what we have to get what we want." He said