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Nigeria at 60: Buhari announces new price for petrol, gives reasons

Nigeria‘s first citizen, president muhammadu Buhari has announced the new pump price. fuel would now be sold at N161 per liter in Nigeria he said. He further stated that other nations such as Ghana, Niger, Chad, Saudi Arabia, and other oil-producing countries sell petrol at higher prices than Nigeria.

He lambasted the previous governments from 1999 to 2015 for criticizing his administration when they allegedly presided over the near-destruction of the country.

Buhari, in his nationwide broadcast to mark the Independence Day celebration, said no government in the past did what his administration is doing with such scarce resources.

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Buhari said his government has managed to keep things going despite the disproportionate spending on security.

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He said that the past administrations lack the effrontery to criticize the current administration because they had the opportunity to develop and take the country to a greater height.

“Those in the previous Governments from 1999 – 2015 who presided over the near destruction of the country have now the impudence to attempt to criticize our efforts,” he said.

Buhari said that in the circumstances, a responsible government must face realities and take tough decisions.

Petroleum prices in Nigeria are to be adjusted. We sell now at N161 per liter. A comparison with our neighbors will illustrate the point.

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