Party supporters dance carries a banner with picture of Nigerian President and Presidential candidate of the ruling People's Democratic Party Goodluck Jonathan during a rally in Lagos on January 8, 2015. Nigeria's President Goodluck Jonathan on Thurs ~ PIUS UTOMI EKPEI
Abuja - The ongoing fuel scarcity across the country is a result of the looting of the $12 billion domestic gas fund under President Goodluck Jonathan's watch and the administration's failure to the pay fuel subsidy, the main opposition has alleged.
The All Progressives Congress (APC), in a statement by its National Publicity Secretary, Alhaji Lai Mohammed, said the People’s Democratic Party and the Jonathan administration decided to divert attention from those problems by accusing the opposition of being responsible for the scarcity, “a most laughable and irresponsible statement by a sitting government that is always so eager to blame everyone but itself for the nation's woes.”
The party said Coordinating Minister of Economy and Finance, Ngozi Okonjo-Iweala, had, in February, promised to pay all subsidies owed to the marketers then in the sum of N264 billion, along with the accrued interest.
It added that the failure to meet this obligation has made it impossible for the oil marketers, who are being owed heavily, to finance another round of products importation.
Also Read: Fuel scarcity blamed on opposition leaders
“The truth is that this profligate government has run Nigeria aground, and the oil sector, whether upstream or downstream, has particularly suffered hugely. The quantity of petroleum products that was imported has almost been fully consumed, without fresh products being brought in to augment supplies that have now fallen well below re-order level.
“The implication is that in addition to worsening power supply, crumbling prices of oil at the international market, weakening Naira and unprecedented corruption, Nigerians - who routinely provide their own electricity to power their homes and business, now have to face another round of government-imposed hardship with the ongoing fuel scarcity” the opposition party said.
The opposition party accused President Jonathan of sabotaging the domestic gas project started by the late President Umaru Musa Yar'Adua, with the
$12 billion cash call provisions for gas development for domestic power generation looted under his watch.
The ruling party had not commented on the allegations.