PDP rejects N143 fuel price, says FG unsympathetic

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The ’s Democratic (PDP) has rejected the increase price of petrol from N123 to N143.80 per liter, saying the unsympathetic Nigerian masses.

a statement on by the spokesman for the PDP, Kola Ologbondiyan, the described the increase as a punishment to Nigerians given the prevailing economic hardship the country.

The described the hike, despite the decline in the price of crude oil in the international market, as grossly unjustifiable and further exposes the insincerity of the administration.

The PDP noted in directing a fuel price increase at the time Nigerians are facing the economic and social trauma of the COVID-19 , the Muhammadu Buhari-led administration showed a total lack of human feelings to the plights of the citizenry.

The statement said, “Our party challenges the APC-led to present to Nigerians, the indices and parameters it used to determine the price increase, which obviously cannot be in tandem the prevalent in the global industry.

“The actions of the APC administration have continued to confirm the party has never been pro-poor but only relishes in imposing hardship and heavy taxes on already impoverished Nigerians, while running an over-bloated government through which resources meant for the welfare of Nigerians are frittered by corrupt officials and the cabal in the Presidency.

“Under the APC, Nigerians have been subjected to untold hardship, which is worsened by excruciating taxes, including a 7.5 percent Value Added Tax (VAT) on essential commodities and , increased electricity tariff, obnoxious Stamp Duty and other levies on bank transactions.

“It is shocking the APC government has continued to impose more burdens have made life unbearable for our citizens, many of whom have lost their means of livelihood due to the misrule of the APC.

“Only yesterday, Buhari told the world that the number of poor will triple following the adverse impact of COVID-19 ; yet his administration, which has turned our into the capital of the world, instead of seeking ways to stimulate the economy, is worsening the an increase in fuel price

“What Nigerians expect of the Buhari Presidency at this critical time is to save resources by immediately cutting the size of its over-bloated government, recover the over N14 trillion oil money stolen under its watch and channel the towards the wellbeing of Nigerians”.

The PDP charged the administration to immediately reverse the pump price of fuel to a price not exceeding N90 per liter, given the prevailing templates in the price of crude oil in the international market.