Fuel price hike: Marketers manipulating Nigerians – Ukachukwu

The Chief Executive Officer of Aviation Africa, Toni Ukachukwu has said that determination is simply a manipulation going connected successful the Nigerian petroleum industry.

Speaking connected Arise News, Ukachukwu said that Nigerian should not endure the adverse effects of the US-Iran war, arsenic presently the case.

He noted that the state refines and produces crude locally, admitting that the disruptions could person effects, but not up to 300%.

DAILY POST reported that home and overseas airlines operating successful Nigeria whitethorn statesman shutting down services from April 20 arsenic the outgo of aviation fuel, JetA1, accrued to astir N3,000 per liter.

Reacting, Ukachukwu said, “I deliberation by and large, determination is immoderate benignant of manipulation going connected with the marketers.

“Ordinarily, Nigeria should beryllium insulated from immoderate has happened from the issues of the Iran US war, due to the fact that we person a refinery…Dangote refinery locally.

“We refine locally and nutrient crude locally. But having said that, I mean, we are portion of the geopolitics.

“The disruption should person had immoderate effect connected the Nigerian market, but not to 300%, truthful it’s not acceptable.

“And I deliberation determination are immoderate manipulations going on.”

Fuel terms hike: Marketers manipulating Nigerians – Ukachukwu