PIB: TUC, Marketers reject limiting fuel import to refiners

Written by on July 14, 2021

Fuel marketers and the Trade Union Congress of Nigeria, have expressed their opposition to a provision in the Senate version of the Petroleum Industry Bill that allowed only active refinery licence holders to import petroleum products into the country.


The TUC, in a statement, described the move as monopolistic and a deliberate attempt to frustrate the challenges the PIB is intended to solve.


“The market should be left open if the government truly wants to be sincere in addressing the problem of the sector,” it said.


The TUC President, Mr Quadri Olaleye, and the Secretary General, Mr Musa-Lawal Ozigi, said the country could not afford to continue toying with the oil and gas sector as it remains the only major source of foreign exchange.

The statement said, “The labour chiefs are surprised, dismayed and irritated by the conspiracy to waste another opportunity to fix the sector, noting that from the lawmakers’ position and body language one could infer they are serving the interest of some few individuals to the detriment of the over 97 per cent of the country’s population but the congress will not allow that to happen.

“The labour leaders urge the lawmakers to rise up and provide true leadership instead of serving the interest of few capitalists. It is high time ‘these principalities and powers’ removed their knees from the neck of Nigeria and Nigerians’. it said.

Credit: Punch


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