Fuel Price for Naija: Why E Dey Go Up?

How far my people! You fit don dey wonder say every time you open news, na so so talk about fuel price dey fly up and down. You don go filling station, you go know say fuel price don dey touch sky. But you ever stop to wonder why e be like this for Naija? Oya, make we dissect this matter well well.

Oil Dey, Fuel Scarcity Dey – How?

The first wahala be say Naija get plenty oil, but yet we still dey buy fuel like say na diamond. This na because our refineries no dey work well. Instead wey we for refine the oil wey we get for house, we dey carry am go abroad, make dem refine for us. Then we go still carry money import the finished one back. Na so so loss we dey get for the business.

Naira Dey Fall, Price Dey Rise

Another big issue be say Naira dey fall anyhow against Dollar. This one na double wahala for us, because as dollar dey expensive, na so the price of importing fuel go dey increase. So when dem convert am back to Naira, you go think say na magic.

Government and Subsidy Wahala

Before before, government dey pay subsidy make fuel price no high too much. But as country dey enter debt, government say dem no fit continue to dey pay this subsidy. Once dem remove am, na so fuel price take skydive.

Infrastructure: Roads, Storage and Co.

Even if fuel cheap, the cost to carry am from port come your area fit make price go up. Our roads no good, and we no get better storage facilities. All these things na extra cost wey go still join for the final price wey you go pay.

Wetin We Fit Do?

1. Local Refining: Make government put money make our refineries work well. No be to dey pump money inside dead project o, but make dem actually fix am.
2. Stable Economy: If Naira strong small, all these price wahala fit reduce.
3. Invest for Alternative Energy: Make we no put all our eggs for one basket. Time don reach to dey look into solar, wind and even electric.

Last Last

Fuel price na wahala wey we no fit solve overnight. But if we dey conscious and demand for beta from our leaders, maybe one day we go fit buy fuel without thinking twice. Until then, make we manage dey observe the yawa wey dey ground.

Oya, make we run am like that. If you get any idea on top this fuel wahala, abeg drop am for comment section. One love!