Increase in fuel price beyond Buhari’s control

Timipre Sylva, the minister of state for petroleum resources has revealed that the increase in fuel price is beyond the control of President Buhari who is also the minister of petroleum resources.

Sylva said that it is unfortunate that citizens are blaming the federal government which is not in charge of fixing the prices of petroleum products, for the increased price.

He said that the focus of the authorities is to protect the interest of citizens. He said,

“Government is no longer in the business of fixing prices for petroleum products, we have stepped back.

Our focus now is on protecting the interest of the consumers and making sure that marketers are not profiteering.

Left for him, he will never allow the increase in pump price; for this to happen, it means that it is an inevitable decision. COVID-19 took the price of crude oil to zero zone.”