The Peoples Democratic Party (PDP) has rejected the increase in the pump price of fuel to over N1,000 per liter in various parts of the country.
It described the hike as “a brutal assault on the sensibility and wellbeing of Nigerians by the insensitive and arrogant All Progressives Congress (APC) administration”.
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The opposition party lamented that “the thoughtless increase in fuel price especially at this time, is a huge recipe for crisis as Nigerians cannot bear its worsening effect on the suffocating economic hardship which they currently face under the President Bola Ahmed Tinubu-led APC administration.”
In a statement by its national publicity secretary, Debo Ologunagba, the PDP said: “the secretive and corrupt administration of the petroleum sector and persistent increase in fuel price under the Tinubu-administration without due regard to the wellbeing of the people is akin to pushing Nigerians to the wall and daring them to do their worse.”
According to the PDP, the Federal Government “has consistently shown itself to be anti-people, unconcerned and deaf to the agonies of millions of Nigerians who can no longer afford their daily meals, medications and basic support for families due to the catastrophic high cost of living occasioned by the insensitive and reckless policies.”
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It further lamented that “today, under the Tinubu-led APC administration, over 150 million Nigerians have sunk below poverty line, businesses are collapsing daily as the Naira now exchange for over N1,600 to a Dollar with over 34% inflation rate and over 40% unemployment rate which are expected to rise further with the latest draconian increase in the price of fuel.”
The party noted that there is practically no hope in sight under the current APC government policies as major multinational companies continue to exit our country in droves in the face of ill-conceived and ill-implemented macro-economic policies.
“The admission by the APC-led Federal Government that it has handed the fate of Nigerians to oil racketeers in the name of a free market economy further validates the position of the PDP that the Tinubu-led administration has abdicated the primary purpose of government; which is to provide for the welfare and security of the citizens” The PDP stated.
“President Tinubu is the Minister of Petroleum Resources and cannot exonerate his government and officials from the secretive and fraudulent management of the petroleum sector which is fast pushing our nation’s economy to the precipice,” PDP said.
The PDP expressed sadness that the government continued to increase the price of fuel “despite the scandalous revelation in the public domain that it is secretly paying a whopping N5.4 trillion as fuel subsidy for 2024 ”
“With the hopeless state of affairs of our nation today, our Party wonders what President Tinubu, during his numerous trips abroad, says to his foreign counterparts in nations where leaders prioritize the welfare of their people!”
