The Socialist Party of Nigeria, (SPN) has condemned the ongoing lingering and sale of petrol above official pump price in Nigeria, describing it as a conspiracy among the ruling class against the poor masses.
The group’s secretary, Comrade Abiodun Bamgboye in a statement in Ibadan, Oyo State while condemning the scarcity, asked the working class and unions to through their collective struggle to reclaim the oil industry from the full domination and control of the few cabals and placed it under a collective ownership and democratic management and control of workers and poor masses.
The party lamented that if the oil sector was not taken over from the ruling class and the cabals and placed, “under a collective ownership and democratic management and control of workers and poor masses, the enormous crisis that continue to bedevil the oil industry as well as other sector of the economy will sooner or later resurface again even if the on-going fuel scarcity eventually subside as promised by the Buhari-led government.
“The Socialist Party of Nigeria (SPN), Oyo State branch decries the lingering fuel scarcity and sale of petrol above official pump price arising from shortfall in supply and hoarding of petrol across the length and breadth of the country.
“This is a consequence of a conspiracy among members of the ruling class which include elected or appointed political office holders and their friends in oil business obviously to make more profits and to create a wider atmosphere to continue the loot of the public treasury at the expense of the poor working but suffering masses in preparation for the 2019 general elections,” he said.
It added that it was unfortunate that “one year into the office, the Buhari-led government increased the pump price of petrol from N87 to N145 in May 2016.
“The false impression was that the introduction of the over 100 per cent hike in pump price of petrol will permanently end the perennial crisis of hoarding, diversion and smuggling of petrol across the border so as to ensure an adequate and sufficient supply of petrol across the country.
“Today, the situation across the country is such a pathetic one, in the sense that the perennial crisis of long queue and fuel scarcity arising from hoarding of petrol has not only returned on the streets of most Nigerian cities but also the pump price of petrol in most filling stations across the country now hovers between N180 and N300 per litre.
“ SPN condemns and rejects the lingering artificial fuel scarcity, criminal act of selling a pump price of petrol beyond the standard price of N145 by the oil marketers as well as various forms hardship the working people are undergoing as a result of the combination of the on-going crisis of fuel scarcity and hoarding of petrol from one part of the country to another,” it said
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