For two consecutive years under the #RenewedHope administration of President Bola Ahmed Tinubu, we have not experienced any scarcity of petroleum products during the festive periods—a remarkable departure from the challenges of the past. This consistency speaks volume on the strides made in stabilizing the downstream sector.
Upon returning for the holidays, I visited several fueling stations across Bayelsa State to monitor the dispensing of Premium Motor Spirit (PMS). While most stations adhered to accurate metering, a few with minimal upward variations were instructed to make necessary adjustments.
This progress highlights one of the significant benefits of full deregulation in the downstream sector, initiated by President Tinubu with the removal of petroleum subsidies. By allowing market dynamics to determine prices, this policy has ensured the steady availability of products.
However, regulatory practices require collective vigilance. I urge Nigerians to remain conscious of the liters being dispensed when purchasing fuel and to report irregularities promptly. Wishing everyone a wonderful celebration, let us all support this transformative effort for a sustainable energy future.
Sen. Heineken Lokpobiri Ph.D.
#RenewedHope #senlokpobiri #SHL #EnergyForToday #EnergyForTomorrow #CrudeForAll #IncreasingOilProduction #NigeriaPetroleum #OilForProsperity
