Petrol and diesel floor price suggestion to be looked into


  • Nation
  • Thursday, 12 Mar 2020

PUTRAJAYA: The Domestic Trade and Consumer Affairs Ministry will look into calls to impose a floor price for petrol and diesel due to plummeting global oil prices.

Newly-minted minister Datuk Alexander Nanta Linggi said it was still too early for him to make any decision, but believed that any suggestion for the people’s benefit would be considered.

“We will have to listen to all recommendations.

"If it is good, we recommend it to the government. But it is too early for me to say. This needs an in-depth discussion, ” said Nanta to reporters after attending a welcoming ceremony for him and his deputy Datuk Rosol Wahid at the ministry here.

Nanta was responding to a suggestion by petrol dealers for the government to introduce a floor price for petrol and diesel to prevent losses to traders.

Last week, the price of RON95 petrol was reduced by 18 sen to RM1.89 per litre, while diesel went down by 17 sen to RM1.96 per litre.

On the targeted petrol subsidy scheme proposed by the Pakatan Harapan government, Nanta said he would also discuss with the ministry’s officers on whether it would be continued.

“If anything that is already in place or was proposed... if they are good for the rakyat, then we will keep it, why not?”

“Whatever policies and strategies that are already in place will be retained. There is definitely room for improvement as well.

“Our core business is the rakyat and we must come up with policies that can help ease their burden, ” said Nanta.

The five-term Kapit MP said as a minister from Sarawak, there were high expectations from the people, especially in rural areas of the ministry.

Nanta, however, said his services would not just be for the people in his home state.

“I am not just going to be a minister for Sarawak. I am a minister for Malaysia. All that needs to be looked into, we will diligently do it.

Nanta is one of the four MPs from Gabungan Parti Sarawak to be appointed as ministers in the new Perikatan Nasional cabinet.

Under the Barisan Nasional government, Nanta served as deputy minister of rural and regional development.

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