JO probes secret behind the fuel pricing formula

September 12, 2018

The Joint Opposition has questioned the government to reveal to the public the mechanics behind the compilation of the fuel pricing formula.

Speaking at a media breifing this morning Joint Opposition representative United People’s Freedom Alliance Parliamentarian Dallas Alahapperuma charged that Minister of Petroleum Resources Development Arjuna Ranatunga as the subject Minister is unaware of the method of the fuel pricing formula.

The MP noted Minister Mahinda Samarasinghe and several other Ministers have also stated that they know nothing of the formula claiming Former Minister of Finance MP Ravi Karunanayake has also stated that he is unaware of the pricing formula either.

MP Alahapperuma added the government that boasted of the Right to Information Act, when the fuel pricing formula has been questioned, have officially claimed that they cannot provide information on the matter under the Act.

The Parliamentarian called for the matter to be considered the people’s point of view especially when the pricing formula is being twice to three times every month.