The Federal Government had set aside N250 billion for willing investors in autogas assembly plants in the country.
The Federal Government should tell Nigerians why the migration from PMS to CNG has been abandoned.
“However, contrary to Chief Sylva’s claim, the Federal Government is legally obligated by the combined effect of Section 4 of the Price Control Act and section 316 of the Petroleum Industry Act to determine and fix the prices of petroleum products including premium motor spirit, kerosene and cooking gas.
“Given the clear statutory provisions and decided cases on the illegality of the deregulation of any aspect of the petroleum industry the Federal Government should stop subjecting the Nigerian people to the excruciating economic crisis by allowing the so-called market forces to determine and fix the prices of petroleum products in the country.
“We call on President Muhammadu Buhari, as the Minister of Petroleum Resources, to call Chief Sylva to order for treating the valid and subsisting judgments of the Federal High Court and the Supreme Court with contempt. Otherwise, we shall not hesitate to commence contempt proceedings against the public officers in charge of the petroleum industry.”
•Vanguard
