The Coalition for Energy Reforms and Good Governance Advocacy has urged the Nigerian National Petroleum Company Limited (NNPCL) to remove hidden levies and charges on Premium Motor Spirit (PMS), better known as petrol, locally sourced from the Dangote Petroleum Refinery as a first step towards making the product affordable for Nigerians and ending the worsening misery of citizens.....Read Full Article>>
The group’s call, which was contained in a statement by its Executive Director, Dr Jonathan Amande, made available to newsmen in Abuja on Sunday, followed the latest increase in the pump prices of petrol, which has caused widespread outrage among Nigerians.
The Coalition for Energy Reforms and Good Governance Advocacy said Nigerians are questioning the increasing cost of petrol when it is being locally refined.
The group lamented the controversies surrounding petrol pricing from the Dangote Refinery and the role of the NNPCL in the distribution process, which is being blamed for the increasing pump prices in the country.
The Coalition for Energy Reforms and Good Governance Advocacy noted that “removing hidden levies on petrol sourced from Dangote Refinery has become imperative, given that those that, once fed fat on criminal petrol subsidies, have now resorted to making money.”
The Coalition called on NNPCL to urgently eliminate hidden charges on fuel prices from the Dangote Refinery, stating that these hidden levies have been added to the premium, inspection fee, margin, and Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) fees that were publicly declared.
It argued that “these invisible government levies, including those from the Nigerian Maritime Administration and Safety Agency (NIMASA), are unjustified and inflate the cost of locally produced fuel. These levies, which have no place in the local production and sale of petroleum products, prevent the Dangote Refinery from selling fuel at more affordable prices.
“Without these additional charges, some of which are layered on the crude supply, local refineries could potentially sell fuel at prices as low as N400 per litre,” the Coalition asserted.
It also called for a comprehensive review of all levies imposed on locally refined petroleum products along the entire value chain, while urging the federal government to reveal the true impact of these levies on Nigerians, emphasising that removing them would significantly reduce fuel prices and alleviate the financial burden on the masses.
The group insisted that transparency and fairness in fuel pricing are crucial for the country’s economic well-being. Exposed Celebrities Video
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