NAIJA NEWS
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has criticized President Bola Tinubu, saying he hasn’t displayed enough interest in restoring the country’s refineries.
IPMAN Chairman in Rivers State, Mr. Joseph Obele, argued that the President’s plans are misguided for the economic issues the nation faces.
He noted that pain and hardship will continue in the country until President Tinubu takes the step to fix Nigeria’s refineries.
Obele stated this while reacting to President Tinubu’s recent nationwide broadcast where the President mentioned billions of naira set aside for various palliatives, student loans, and free buses, alongside over N1 trillion saved from subsidy removal in a month.
He questioned why the President and his team aren’t making significant investments to refurbish the country’s refineries and address subsidy issues.
According to Obele, the President’s speech failed to provide a clear path for Nigeria to escape its economic difficulties, warning that the proposed palliatives could be flawed.
He said, “Why won’t they just invest all the billions in fixing our refineries within few days. The truth is that, until we fix the Nigeria refineries, the price of fuel will be expensive since we are buying from the international market and the prices of other commodities will reflect as such.
