There has been a long heated debate within and among members of the public over the fall of the crude oil price in the World market. This fall has led to so many calls on the government of Sierra Leone to lower the price of pump fuel. On Thursday 25th.February, 2016 in the weekly government press briefing at the Ministry of Information and Communications conference Room in Freetown, the Deputy government Spokesman in the Ministry of Information and Communication, Adjibu Jalloh has maintained that the Government cannot afford to lower the pump price of fuel at present.
“Yes the crude oil price had drop in the World market but we are not using crude oil in Sierra Leone but the final processed one” he said. Mr. Jalloh continued that the government is still subsidizing to get the pump price as it is. “For every one Litter that is sold at Le3,750, government is paying an addition of Le2,750”, he maintained.
He also explained that the government is still spending huge sum of money in the areas of infrastructure, health, electricity, and education to name a few. “If government continues to add more subsidizes in other to lower the price of fuel, where can the government get fund to implement more projects in the aforementioned areas?” he asked.
‘’World Bank and other Donor partners are not pleased with government for it continual stands in subsidizing the pump price of fuel in the country” he further noted.
The Deputy Government spokesman further narrated to the press that the government will embark on a nationwide sensitization to explain to the nation the rationale of its position on the pump price issue.
In his statement, the Deputy Minister of Information and Communications who also doubles as the chairman of the briefing, Theo Nicole, stated “there is no uniformity in pump price of fuel in the world”. Mr. Nicole praised the brave and logical presentation of Ezekiel Duramany-Lakkoh, lecturer at the Institute of Public Administration and Management (IPAM) University of Sierra Leone over the hot heated debate.
“It was a brave, intellectual and well researched presentation Mr. Lakkoh presented which he titled “FUEL PRICING: simple Maths versus Simple Economics”, Mr. Nicole said.
© Copyright by Awareness Times
Newspaper in Freetown, Sierra Leone.