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FG Intends To Sell Fuel At N500 Per Litre Before December – Falana

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Human rights lawyer, Femi Falana, has lamented that the Federal Government intends to sell fuel at N500 per litre at the end of 2021.

Falana stated this during a two-day conference of the People’s Alternative Political Parties Summit titled, “A New Nigeria Is Possible”.

The Senior Advocate of Nigeria in his statement condemned President Muhammadu Buhari-led government for not being truthful on subsidy removal.

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According to him, the federal government can’t be trusted after the announcement of full deregulation of fuel in 2020 which led to the sale of fuel at N168 per litre.

Falana said, “Last September, this same government announced that following the full deregulation, fuel was going to be sold at N168 per litre. Today, we are being told that there will be full deregulation again which will raise the price to N230 per litre.”

“(But) Let me predict here that if care is not taken, the government intends to sell fuel at N500 per litre before the end of this year.”

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The human rights lawyer accused the ruling government of destroying the economy and devaluing the naira through the dollar-based economic system being run by Buhari’s regime.

Falana noted that the summit is aimed at challenging the worsening security situation, devaluation of national currencies, mass unemployment, and increasing lack of good governance.

He further stated that things can only change when social justice is in place and there is a collaboration with like-minded progressive forces and reposition Nigerians to take back power.

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He said, “We want to take Nigeria back from the soiled hands of political buccaneers and that is the essence of the meeting.”

“That is why we believe that a new Nigeria is possible that will be run and managed by the Nigerian people and not by alien forces of destruction.”

Falana said Nigeria can be run based on people-oriented programmes and policies instead of neoliberal policies of the Buhari government dictated by the World Bank and International Monetary Fund (IMF).

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He added that the mismanagement of the economy by imperialist forces and their local collaborators has continued to increase poverty in the country despite the nation’s enormous resources.

Falana also condemned the $1.5 billion budget for the rehabilitation of the Port Harcourt purportedly approved by the Federal Executive Council. He said, “It is illegal in that it has not been appropriated by the National Assembly pursuant to sections 59 and 81 of the Constitution”.

He asked the National Assembly to request the President to propose a money bill for the said sum of $1.5 billion.

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He said, “Before passing the bill, the National Assembly should conduct a public hearing where all options will be considered in the national interest. For instance, at the public hearing, ASCAB (Alliance for Surviving COVID-19 and Beyond) will show that the Federal Government can buy a new refinery with greater capacity than the Port Harcourt for the same sum of $1.5 billion.”

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