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EDITORIAL

Marketers New Pump Price

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It is not a secret that many Nigerians live in abject poverty and subsist on less than the UN approved one US dollar ($1) per day. Therefore, any effort made to ease the suffering of the people, whatever the motive, cannot be rebuffed or dismissed as insignificant.

This is the reason why the recent cut in the price of petrol by the Federal Government, however small, is a welcome gesture, even if, as some have argued, the purpose is purely political.  But then, the masses are still awaiting the benefit of the price change, as several petrol stations are still selling at the old price and even higher.

Minister of Petroleum Dieziani  Alison- Madueke who announced the cut in the price of Premium Motor Spirit (PMS) from N97 per litre to N87 said it should start on the midnight of  January 18, and that was last Sunday. The reduction was a pleasant surprise to many Nigerians because what we are used to is an upward review of prices. But with this, Government put back an unexpected ten naira per litre of petrol into the pockets of consumers and this means something to the average man and woman who are struggling to live.

The minister explained that the reduction was in response to the falling price of crude in the world market.  In the last two months, Crude oil has crashed from US $70 to a shocking US$45 per barrel and analysts predict further fall. Critics are saying, though, that the N87 per litre is still high, given the price differential. Yet the ordinary people are thankful to the Federal Government for giving us back ten naira when they could decide to give none. After all, our Government is answerable to no one !!!!

The reduction, though small, means much to a poor and jobless mother who, hopefully, might pay less bus or keke fare (that is, if there is a downward review in transport fares) and use the ten naira saved to buy a sachet of pure water or small pack of biscuits for her crying baby. This is why it is worrying that the price change has not been implemented across the board.

Many of the petroleum marketers and their filling stations are yet to act on the Federal Government directive. Some of them are selling petrol at N105, claiming it is old stock. But we know that had the announcement been for an upward review, the retail price of petrol would have been adjusted overnight. No one would have waited to exhaust old stock. This is our reality.

The minister said during the announcement that the Petroleum Product Price Regulatory Agency (PPPRA) had been directed to make an immediate change, but in reality they did not. If they did, there was no sign of it at the filling stations, especially here in Imo-State. Four days after the price change, only the NNPC and a few petrol stations are selling at the official N87 per litre. It is our hope that others would soon follow.

It is also our hope that the Federal Government would look into the retail price of Kerosene which is the poor man’s fuel. It is a shame that despite all the talk about de-regulation of the petroleum sector, the poor man and woman of this country still pay more to purchase kerosene than the rich pay to buy fuel to drive their cars.

We equally hope that transport owners will be gracious enough to pass some of the gains of the fuel cut to commuters when they start buying for less at the filling stations. As for General Buhari’s claim that President Jonathan was using the price change to buy votes for N10, it is also our hope that the President will prove him wrong by doing more to fight corruption and cushion the immense poverty in the land.

 

EDITORIAL

Increasing Fuel and Electricity Prices

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Increasing Fuel and Electricity Prices

Once again, Nigerians are digging deeper into their pockets to buy fuel. They are paying N162 per litre from N142 last month. While the five per cent or so Nigerians with deep pockets will not be bothered by the increase, the majority with shallow pockets will have to empty them to buy petrol to run their businesses or shut them down, fuel their vehicles, light their homes and pump water, among other things. Electricity bill has also gone up although the average Nigerian is still in darkness most of the time.

The Federal Government explained that the removal of fuel subsidy, froth with duplicity and corruption, was responsible for the increase. For electricity, it said only consumers who get 12 hours or more of electricity per day should pay the new rate. Electricity Distributing Companies (DISCOS) may not agree.

Vice President Osinbajo has advised Nigerians to bear the pain and not go back to the fuel subsidy regime. He said the Federal Government is aware of the suffering and working out ways to alleviate poverty. This sounds familiar. Poverty alleviation doesn’t mean much in Nigeria anymore.

Petrol is at the heart of Nigeria’s economy. It drives everything. Whenever there is an upward review, the cost of living skyrockets. For the poor masses, the present situation spells doom. Fuel subsidy was introduced to alleviate poverty but instead it became a curse, benefiting only a few.

The Buhari Government announced early in the year that it will stop the subsidy payment. It said the downstream sector of the oil industry will be fully deregulated so that prices of petroleum products will fully be determined by market forces.

We have nothing against deregulation or removal of the ‘dubious subsidy’. The question is why now? Another is, if not now when, as things seem to go from bad to worse?
By failing to flush out the criminals benefiting unduly from the fuel subsidy, the Federal Government has proven that some people are, indeed, untouchable.

What will the Federal Government do now to cushion the effect of the hike on the poor, that it has not done before and it didn’t work? Poverty alleviation without improvement in quality of life means nothing. If for example, a commercial vehicle driver buys fuel at N162 per litre but drives on good roads and has access to portable water, he would charge commuters less. It has a ripple effect and vice versa.

When the Federal Government compares the price of petrol in Nigeria with those in neighboring countries, one wonders what indices it uses? Does it consider the minimum wage and the fact that Nigeria is the seventh world oil producer?

Nigeria produces crude oil but imports petrol. If the refineries are broken down, why can’t they be repaired? It is unfortunate that from time to time billions of Naira is gulped by so-called Turn-Around Maintenance of our refineries without anything to show for it in the end.

President Buhari promised to support the creation of modular refineries. Yet those in the riverine areas are being shut down and labeled illegal. What a contradiction! Why can’t the technology used in those refineries be harnessed?

Nigeria prefers to import what it can produce locally. By that, what Government is telling people is endure poverty. Don’t try to get out of it.

Removing subsidy in the midst of poverty is bad. But policy inconsistency and double standards will do Nigeria no good.

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EDITORIAL

Security operatives, IPOB and Emene massacre

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Security operatives, IPOB and Emene massacre

The high-handedness of security operatives towards members of the Indigenous People of Biafra, IPOB, is truly a concern. The ruthlessness with which they deal with the unarmed youths whenever there is a clash, is worrying and unacceptable.

What happened at Emene Enugu State, last Sunday, is not an isolated case. It stirs up memories of “Operation Python Dance” Egwu Eke, and others which saw the cold-blooded murder of many Igbo youths. When Ndigbo are trying to put one incident behind them, another occurs as a reminder, making it hard to forget.

Ironically, what police insensitivity, hatred, and the proscription of IPOB, have done is win sympathy for the unarmed youths, agitating for a cause. Police brutality on IPOB increases the nostalgia for Biafra, even among those who through fear or faith oppose it. It also gives credence to those comparing Nigeria with George Orwell’s “Animal Farm,” a euphemism for discrimination and corruption. This is glaring when one compares how police treat unarmed IPOB members, and the real terrorists such as armed Fulani herdsmen, the so-called bandits, Boko Haram and other hoodlums operating across the country.

Although there are conflicting reports about what took place at Emene. what is most regrettable is that lives were lost. It is also clear that the conflict started when security operatives stormed the venue of an IPOB meeting. There is no report that the youths were carrying weapons or marching somewhere to attack the police or anybody else. What happened to the tear-gas which police use to disperse unarmed group? Perhaps, life has become so cheap in Nigeria that police do not care who dies anymore.

But the killings have been widely condemned by Nigerians at home and abroad. Here in the South-East, Ohanaeze, MASSOB, Nzuko Umunna, town unions and others have called for a judicial inquiry into the incident.

The panel is expected to unravel the truth about what happened, as there are suspicions of a sinister motive. South-East governors should speak out also before things get out of hand.
Clearly, Nigeria is engulfed in countless security challenges. People are wondering why the same security agencies who have guts to murder unarmed Igbo youth have displayed helplessness in containing more vociferous security challenges, elsewhere?
Nigerians have enough experience to know that if one ethnic group keeps quiet while another unjustly suffers, soon the others will also be at the receiving end because, as they say, what goes round, comes around.

Furthermore, it beats one’s imagination that the IPOB should be labeled ‘terrorist’ while the real terrorists continue to massacre and kill and maim across the country.

We agree with many Nigerians that unarmed IPOB youths, who have not shown the cruelty and callousness of Boko Haram, Fulani herdsmen and even bandits in South Kaduna do not deserve, proscription, constant harassment and killings.

We condemn violent agitations in all forms. But when armed law enforcement agents descend on unarmed youths at their peaceful meeting, we wonder who sent them and what the motive is.

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ARTICLES

Imo as Unemployment Capital

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Imo as Unemployment Capital

Former Governor Rochas Okorocha understood clearly that Imo State needed jobs and factories. The question is what did he do about it?

Imolites are familiar with the mantra “Job, Job, Job, factory, factory, factory,” which he orchestrated in his second term. That was his way of telling Imolites what was lacking in the state. He gave the impression that his government was about to tackle unemployment, by rehabilitating moribund factories and, building new ones. Many people believed him.

Now, the National Bureau of Statistics NBS has come out with the figures stating that 23 million Nigerians are unemployed and that Imo has the lion’s share of 48.7 per cent. One wonders if the NBS report would have been released had Governor Okorocha still been in charge. The NBS report showing Imo State as Nigeria’s new unemployment capital can only be annoying to Imolites when viewed in the prism of Okorocha’s factory, factory factory, jobs, jobs, jobs.

Imolites cannot even point to one “hot” industry or employment generating project created during Okorocha’s eight years. But that is typical of our politicians. Yet, one can still ask where the factories and jobs promised by Okorocha are? Knowing Governor Okorocha, he would not deny that he promised “factories” but the problem will be telling people where they are located.

If Governor Okorocha was honest with his “factory, factory and job, job” utterance, he would have done something to stir up activities in the so-called Owerri Industrial Layout along Onitsha road Irete, which is almost a forgotten area. The industrial hub is now more of a hide out for miscreants, with all its roads in deplorable condition.

Several of the factories are overtaken by grass, as they have either been shut down in frustration or relocated. Individuals and private businesses use some of the large expanse of land to dump solid waste, including faeces.

We are not holding former Governor Rochas Okorocha solely responsible for this abysmal neglect of the Industrial Layout. Apart from the first civilian Governor of the state, Chief Sam Mbakwe, who saw wisdom in setting up several industries across the old Imo State, that extended to present day Abia and Ebonyi States, none of his successors either military or civilian did anything in that direction. The successive administrations paid mere lip service, to job creation.

It is also important to point out that previous governors remembered their promises to create jobs just when they were about to leave office.

It was only then that they created dubious and questionable jobs that run into thousands but which are practically impossible for their successors to fund.

Charity must begin at home. Any Government desiring to create jobs and kick-start manufacturing in Imo State must uplift the Industrial layout and not neglect it. No entrepreneur, investor, local or expatriates, would set up business in a place with virtually no roads, to begin with.

We only hope and pray that the present Government would be grieved by the unflattering NBS report, which ridicules Imo State and decide to take some positive steps towards developing the Industrial Layout.

We know Government cannot employ everyone. But we know also that it can create the enabling environment where virtually every eligible person can get employed.

If Governor Hope Uzodinma is touched by the ugly NBS report, he can do something about it. He can put politics and his personal interest aside and rehabilitate old factories as well as revive the Industrial Layout. Anything short of this will be another exercise in deception.

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