READ ALSO: UPDATE: NANS President Denies Announcement Of Protests Over Fuel Price Increase (READ DETAILS)
THE Peoples Democratic Party, PDP has condemned in its entirety the recent petrol pump price increase.
In a Press Release signed by the National Publicity Secretary, Hon Debo Ologunagba available to SOJ WORLDWIDE, he said the increase is an assault on Nigerians who are already living below poverty level.
He added that the increase was “without due regard to the wellbeing of the people, is akin to pushing Nigerians to the wall and daring them to do their worse.”
The Statement Reads;
“The Peoples Democratic Party (PDP) @OfficialPDPNig rejects the punishing increase in the pump price of fuel to over N1,000 per liter in various parts of the country describing it as a brutal assault on the sensibility and wellbeing of Nigerians by the insensitive and arrogant All Progressives Congress (APC) @OfficialAPCNg administration.
READ ALSO: BREAKING: NANS Declares Nationwide Strikes, Removal Of Kyari Over Fuel Pump Price Increase
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 @officialABAT APC administration.
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.
The APC administration 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 of the Tinubu administration.
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.
READ ALSO: BREAKING: Russian Deadliest Strike In 2024 Killed 51 Ukrainians Including Soldiers
There is practically no hope in sight under the current APC government policies as major multi-national 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 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.
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.
Moreover, it is inexplicable that the APC administration continues to increase fuel price despite the scandalous revelation in the public domain that it is secretly paying a whopping N5.4 trillion as fuel subsidy for 2024.
READ ALSO: BIDEN/Kamala Have Blood In Their Hands Over Deaths Of Israeli/American Hostages In Gaza – TRUMP
The APC government has now become an enabler of a cabal of corrupt APC rent-seekers who apparently derive pleasure in inflicting pains on Nigerians while hugely benefiting from the proceeds of incessant increase in fuel price to satisfy and fund their luxury appetite and consumption.
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!
Nigerians will recall that the PDP had on several occasions offered constructive advice and suggestions on the management of the economy which the APC government in its arrogance in failure ignored.
Our Party restates that with a deft, transparent and innovative management of resources, economic potentials, comparative advantage and national refining capacity, petrol should not sell more than N250 per liter in Nigeria.
READ ALSO: NAIRA Rates Against The USD, GBP, EURO Today August 4, 2024
Good day sojworldnews.com
Just starting out in e-commerce? Don’t worry—E8 Sourcing Insights is here to guide you through the complexities of sourcing from China. With weekly advice on product trends and verified suppliers, you’ll avoid rookie mistakes and start sourcing with confidence. There’s no steep learning curve, just smart, data-driven strategies. Ready to begin your journey? Join here.
https://smallu.link/dSlHjq