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    • IMO Secretary General Visits Nigeria, Dazed By Facilities

      Oct 2, 2025
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      Sep 27, 2025
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  • IMO Secretary General Visits Nigeria, Dazed By Facilities

  • Nigeria’s Blue Economy Minister Bemoans Maritime Financing Deficit

  • NIMASA Calls For Urgent Action To Reduce Maritime Funding Gaps

  • WMD 2025: “We Are Beneficiaries of The Oceans”-Dantsoho

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News
Home›News›No Plans To Hike Fuel Price-SGF

No Plans To Hike Fuel Price-SGF

By Editor
Dec 23, 2017
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President Mohammadu Buhari

The Secretary to the Government of the Federation (SGF), Boss Mustapha has assured Nigerians that the Federal Government is not contemplating any form of hike in the pump price of petroleum products.

Mustapha disclosed this  at the handing over ceremony of the mantle of leadership as the Managing Director and Chief Executive Officer (CEO) of National Inland Waterways Authority ( NIWA) at the authority’s headquarters in Lokoja.
He said that the fuel scarcity being experienced in the country over the last two weeks was being addressed by relevant agencies of government adding that the long queues would ease off soon. The SGF attributed the scarcity to greed on the part of the marketers who created artificial shortfall to make profits.
Mustapha lamented the attitude of some Nigerians who derive pleasure from seeing others suffer by inflicting pains on the people adding that it was unfair and ungodly for marketers to take advantage of the rush by the people to celebrate Christmas and New year.
“I can assure the people that a day or two after the yuletide, the queue will ease out. The marketers created the scarcity but we have engaged all the relevant stakeholders and we are confident that it will soon normalise. “We are not thinking about increase in the pump price. We have not discussed it and we will not increase the price” he said, adding that panic buying was unwarranted as there was much product available.
He commended the staff of NIWA for their cooperation and commitment to duty while he headed the authority saying that he would remain an ambassador of the authority and was now in a better position to advance its cause. He noted that his 15 months at the helm of affairs of the organisation afforded him great opportunity to add value to his life adding that it was NIWA that propped him up for the present assignment.
Mustapha, who assumed office as MD of NIWA on July 11, 2016, reiterated the need to strengthen the law setting up the authority to enable it succeed in its statutory role of administering the inland waterways.
The acting Managing Director of NIWA, Mr Danladi Ibrahim assured the “Boss of Bosses” that every project he started before leaving would be pursued and executed with vigour. “NIWA is your baby sir, it is our prayers that you nurse the baby to maturity. We will continue to consult you anytime the need arises sir, please don’t be tired of us”, he said.

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