"Stop Being Emotional, The Only Way To Reduce The Price Of Petrol Is By Subsidizing It" - Reno Omokri

Reno Omokri, Nigeria's ambassador designate to Mexico and former presidential aide has taken to his official X handle to send a strong warning to those peddling false narratives regarding the increment in prices of petrol. 

According to the statements which were shared on his official X handle, he also pointed out that those accusing the government were being emotional.

Many were left stunned after former presidential aspirant and Nigeria's ambassador designate to Mexico, Reno Omokri was spotted purchasing petrol in the United States.

However, in a recent statement which was shared on his official X handle, while addressing the controversies that trailed his presence in the United States, the former presidential aide gave analysis on how the prices of PMS functions.

According to his statements, he pointed out that the prices of the premium motor spirit (PMS), was not determined by the minimum wage, and it was mental laziness to harbor such assumptions.

Reno Omokri, widely admired for his outspokenness, pointed out that the prices were determined and governed by how much it takes to refine the primary product, the crude oil.

He further pointed out that the only way to reduce the prices of petrol was through subsidy, a reality which he believed was not understood by many due to poor insight.

In his admonitions, he warned those criticizing the government over the increase in fuel prices to stop being emotional and rather, engage in critical thinking.



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