Fuel price hike: PDP urges FG to rescind decision




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By Emmanuel Oloniruha


Abuja – The Peoples Democratic Party (PDP), has called on the Federal Government immediately rescind its decision on the increase in the price of petrol to N160 per liter.
The party gave the advice in a statement issued by its National Publicity Secretary, Mr Kola Ologbondiyan, in Abuja on Monday.
Ologbondiyan said the demand by the was an immediate downward review in the pump price of fuel, adding the attempt justify the increase to N160 was unacceptable to Nigerians.
“The PDP totally rejects this attempt hinge the increase in price on presumed removal of subsidy,” he said.
He described as illogical predicating the increase in the price of the commodity on a faulty comparison costs in other countries.
He said the comparison was correct as the daily standard of living, the purchasing power and living wage of the average Nigerian in the last five years could not be compared what was obtainable in those countries.(NAN)