During a recent interview with Arise, Senator Enang, a former governorship aspirant of Akwa-Ibom State, expressed his dissatisfaction with the rising fuel prices in the country. He highlighted the significant increase in the cost of filling his tank, stating that what used to cost him N19,000 now amounts to N67,000. He also mentioned that the expenses for fueling his utility vehicles have escalated from N8,000 to around N22,000 to N25,000.
Senator Enang expressed his concerns about the worsening situation in the country, suggesting that it would be beneficial for the government to allocate the funds intended for palliative care towards investing in small-scale refineries. He believes that by investing in these emergency refineries, the government can address the root cause of the suffering experienced by the people due to high fuel prices.
Furthermore, Senator Enang highlighted the impact of the rising fuel prices on individuals’ transportation choices. He mentioned that many people have resorted to parking their vehicles and opting for alternative means of transportation, such as commercial vehicles and tricycles (keke napep). Even petrol station owners are reportedly using these alternative modes of transport to drop off their children at school.
The senator’s comments shed light on the increasing financial burden imposed on individuals and businesses as a result of high fuel prices. The rising cost of fuel has a ripple effect, affecting various sectors of the economy and impacting the daily lives of citizens.
Senator Enang’s proposal to invest in small-scale refineries reflects a potential solution to address the challenges posed by expensive fuel prices. Developing and supporting local refineries could help reduce the country’s reliance on imported fuel and stabilize fuel prices in the long run.
It is crucial for the government to consider sustainable strategies that will alleviate the burden on citizens and ensure a more affordable and stable fuel market. By investing in the local refining industry, Nigeria can harness its natural resources and develop a self-sufficient and resilient energy sector.
In conclusion, Senator Enang’s remarks regarding the escalating fuel prices and its impact on individuals and the economy highlight the urgent need for effective measures to address this issue. Exploring opportunities to invest in small-scale refineries could potentially lead to greater energy independence and affordability for the Nigerian people. It is essential for the government to carefully consider such proposals and work towards creating a sustainable and prosperous future for all citizens.