Nigeria’s Old Refineries, the Only Fuel Subsidy – HDTDA President, Nebuwa

Mr Uche Nebuwa, National President of the Heavy Duty Truck Drivers Association, has warned that there would be no solution to the increase in gasoline pump prices caused by the elimination of subsidies unless ageing refineries are refurbished.

Nebuwa made this statement on Thursday during the opening of the Uzoeghelu General Motor Park. It is located at the Ugwu Nwasike/Nkwo Market. It is along the Old Onitsha-Enugu route in Ogidi, Idemili North Local Government Area, Anambra.

He highlighted the spike as a major issue for the transportation industry and society as a whole.

He stated-

“Fuel hike is a very big problem to us transporters; President Bola Tinubu would have consulted us before the removal of the fuel subsidy.

“No palliatives will solve this issue of hike in fuel pump price except the old refineries are repaired.

“The alleged distribution of solar lights as palliatives would not have any positive effect on Nigerians, rather it will worsen the situation.

“They just introduced that to calm frayed nerves for now but it will not work as everybody is crying. It has also caused more harm than good to the present socio-political and economic quagmire that we are trying to set ourselves free from.”

cc: Punch Ng