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SJB questions Kanchana over suspension of fuel pricing formula, USD 3 bn debt to suppliers
‘Petroleum, water services, too, should be under electricity regulator’
By Shamindra Ferdinando
The Convenor of the combined trade union front, in fuel, ports and power sectors of the Samagi Jana Balavegaya (SJB), Ananda Palitha, yesterday (04) alleged that consumers had been deprived of the benefit of the continuing drop in world crude oil prices as the government had suspended the cost-reflective fuel pricing formula, introduced in late May last year.
Having declared that the new pricing formula would be adjusted bi-monthly, or monthly, the government had conveniently discarded the mechanism, Ananda Palitha alleged.
Power and Energy Minister, Kanchana Wijesekera, owed the public an explanation why the pricing formula had been suspended for about six months.
Responding to The Island queries, the former CPC/Ceylon Petroleum Storage Terminals Ltd. (CPSTL) employee claimed that a litre of petrol, both 92 and 95, as well as diesel, could be sold much less than the current prices charged from consumers.
The failure on the part of the Power and Energy Ministry to implement the pricing formula had paved the way for the Indian Oil Corporation’s subsidiary in Sri Lanka, Lanka IOC, to earn massive profits at the expense of the bankrupt country.
Lanka IOC, incorporated in 2003, to carry out retail marketing and bulk supply to industrial consumers owns one-third of shares in CPSTL, Palitha said.
The trade union activist said that a joint parliamentary group should inquire into what was going on in the petroleum sector as successive ministers, given the responsibility of managing the vital sector, caused irreparable harm by pursuing agendas inimical to the national economy. The incumbent Minister Wijesekera is not an exception, the trade union leader added.
Had petroleum and water utilities, too, been brought under the Public Utilities Commission, established in 2002, as was originally envisaged, the issues at hand could have been handled in a different way, the SJB activist said.
In spite of the Commission being designated the regulator for petroleum and water utilities, successive governments conveniently refrained from bringing them under the Commission by way of Parliamentary Acts, Ananda Palitha said.
Ananda Palitha pointed out how the Chairman of the Commission, Janaka Ratnayaka, in spite of quite heavy political pressure, stood by the public in the face of relentless pressure exerted by the government, hell-bent on going ahead with massive tariff hikes.
The trade unionist said that all political parties, represented in Parliament, should be held accountable for the developing crisis. According to Ananda Palitha, the non-inclusion of petroleum sector and water services industries was deliberate and meant to prevent the regulator from doing his job, in the interest of the country, consumer and fair play.
Referring to the continuing crisis at the Sapugaskanda oil refinery, Ananda Palitha said that those who disrupted the supply of crude oil, delivered heavy blows to the CEB. “By disrupting operations, they thwarted the supply of naphtha, diesel and furnace oil. Everyone knows who benefits from such disruptions,” Ananda Palitha said.
Commenting on President Ranil Wickremesinghe demanding explanations from the CPC and SriLankan Airlines over the payment of bonuses, at the end of 2022, Ananda Palitha asked how Wickremesinghe, who held the Finance portfolio, didn’t know what was going on.
The Wickremesinghe-Rajapaksa government should be ashamed, if it really didn’t know until the workers of those institutions were paid bonuses. Referring to a media statement, issued by the Presidential Media Division (PMD), Tuesday evening, in this regard, Ananda Palitha questioned the status of CPSTL, jointly run by the CPC and Lanka IOC.
Ananda Palitha said that the CPC owed suppliers as much as USD 3 bn whereas the government was down on its knees before the Washington-based International Monetary Fund (IMF) for USD 2.9 bn spread over a period of four years.
Of this staggering amount, the CPC owed USD 700 mn to India and this needed to be settled in March-April this year, Ananda Palitha said, adding that the country owed a further USD 800 mn to other suppliers. There was also a long outstanding payment to Iran, believed to be USD 425 mn.
The political activist alleged that USD 45 mn paid for the procurement of crude oil, under controversial circumstances, was missing.
Meanwhile, the government was in the process of clearing the way for the privatization of both the CEB and the State Banks, he alleged.
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Landslide RED warnings issued to the Divisional Secretaries Divisions of Ududumbara, Nildadndahinna and Walapane
The landslide early warning center of the National Building Research Organisation [NBRO] has issued RED warnings to the districts of Kandy and Nuwara Eliya for the next 24 hours effective from 0900 hrs today [09th January].
Accordingly,
LEVEL III RED landslide early warnings have been issued to the Divisional Secretaries Divisions and surrounding areas of Ududumbara in the Kandy district, and Nildandahinna and Walapane in the Nuwara Eliya district.
LEVEL II AMBER landslide early warnings have been issued to the Divisional Secretaries Divisions and surrounding areas of Wilgamuwa in the Matale district, and Mathurata and Hanguranketha in the Nuwara Eliya district.
LEVEL I YELLOW landslide early warnings have been issued to the Divisional Secretaries Divisions and surrounding areas of Uva Paranagama, Welimada, Kandaketiya, Badulla, Meegahakiwula, Hali_Ela, Passara and Lunugala in the Badulla district, Minipe in the Kandy district, Ambanganga Korale, Ukuwela, Rattota, Naula and Laggala_Pallegama in the Matale district, and Nuwara Eliya in the Nuwara Eliya district.
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A Policy is being formulated to ensure Child Protection in the use of Technology — Prime Minister
Prime Minister Dr. Harini Amarasuriya stated that a policy is currently being formulated to ensure child protection in the use of technology.
The Prime Minister made this statement on Thursday (08) in Kandy while briefing the Most Venerable Mahanayake Theros of the Asgiriya and Malwathu Chapters on the issue that has arisen regarding the Grade 6 English module. Thereafter, printed copies of all modules were presented to the Mahanayake Theros.
Earlier on Thursday (08), the Prime Minister visited the Malwathu Viharaya in Kandy and met the Most Venerable Thibbatuwawe Sri Siddhartha Sumangala Nayaka Thero, the Mahanayake of the Malwathu Chapter, where she explained the error that had occurred in the first print run of the English module for Grade 6 .
The Mahanayake Theros emphasized that education is a sensitive subject and that such matters should be handled with greater sensitivity and proper oversight. They further advised that a formal investigation should be conducted and that education reforms should be carried forward in a systematic manner.
Subsequently, the Prime Minister visited the Asgiriya Maha Viharaya and met the Most Venerable Warakagoda Sri Gnanarathana Mahanayaka Thero of the Asgiriya Chapter, where she clarified the error related to the English module.
The Mahanayake Thero noted that education reforms are a timely necessity and should be implemented with due oversight and careful review and also pointed out that there are broader issues in Sri Lanka regarding the use of technology, which are evident in the manner in which modern tools such as AI technologies are being used on social media.
Clarifying the issue Prime Minister Dr. Harini Amarasuriya further stated,
“We have appointed a committee to look into this issue, and based on the recommendations of the National Institute of Education (NIE), steps were taken to remove the relevant lesson. In addition, all printed copies of the relevant module have been stamped, and no module has been distributed to schoolchildren. A formal investigation into this matter has been initiated by the Ministry, and a complaint has also been lodged with the Criminal Investigation Department.
At the same time, we are in the process of formulating a policy on child protection in the use of technology”.
Thereafter, addressing the media and responding to the’ questions raised by journalists, the Prime Minister stated:
“The Opposition is attempting to use this national task for their own political advantage. However, many in society have expressed their views on the issues that have arisen in a positive manner, with the objective of identifying and correcting mistakes. The government has decided to move forward with education reforms by recognizing the error that have occurred and rectifying them. We will take the no-confidence motion brought by the Opposition as an opportunity to further advance dialogue on education reforms”
The occasion was graced by the Most Venerable Anunayaka Thero of the Asgiriya Chapter, Venerable Narampanawe Ananda Nayaka Thero; Deputy Registrar of the Asgiriya Chapter, Venerable Muruddeniye Dhammarakkhita Thero; Deputy Registrar of the Malwathu Chapter, Venerable Mahawela Rathanapala Thero; Members of Parliament Thushari Jayasinghe and Thanura Dissanayake; Mayor of Kandy Chandrasiri Wijenayake; Secretary to the Ministry of Education Nalaka Kaluwewa; and Secretary to the Ceylon Teachers’ Union in Central Province D. D. Wimalaweera.

[Prime Minister’s Media Division]
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The deep depression to the South-east of Sri Lanka is likely to intensify in to a cyclonic storm during the next 24 hours
A RED warning for a deep depression to the South-east of Sri Lanka has been issued at 01.00 a.m. on 09 January 2026 for the period until 01.00 a.m. 10 January 2026 by the Natural Hazards Early Warning Centre, of the Department of Meteorology.
The deep depression in the Bay of Bengal to the southeast of Sri Lanka (At 01:00 a.m. on Jan 9th, 2026 located about 200 km East of Pottuvil) is very likely to intensify further and move west-northwestwards towards the coast of Sri Lanka between Pottuvil and Trincomalee in the evening today (9th January 2026.) The system is likely to intensify in to a cyclonic storm
during the next 24 hours.
Hence, showery, and windy condition over the island, particularly in the Northern, North-Central, Eastern, Uva and Central provinces is expected to enhance.
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