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28th January 2023

Fresh Increases In Fuel Price And Electricity Tariff Callous- PDP

PDP Rejects Fresh Increases In Fuel Price, Hike In Electricity Tariff
PDP Rejects Fresh Increases In Fuel Price, Hike In Electricity Tariff

The Peoples Democratic Pary (PDP) has in their own words, vehemently rejected the fresh increases in the price of fuel to N151 per liter and electricity tariff to N66 per kwh by the President Muhammadu Buhari led government, describing such as callous, cruel and punishing.

The PDP reacting to the fresh increases in fuel price in a statement released on Wednesday 2nd September 2020, by the National Publicity Secretary, Mr Kola Ologbondiyan, said the party demands for an immediate reversal of the fresh increase in prices, to avert a national crisis.

The party said the fresh increases will result in an upsurge in costs of goods and services and worsen the biting hardship being faced by Nigerians, who are already impoverished and overburdened by APC imposed high cost of living in the last five years.

“Our party asserts that by increasing the price of fuel from the N87 per litre it sold under the PDP to an excruciating N151 while at the same time allowing the hike in electricity tariff from N30.23 per kwh to over N66, the APC has left no one in doubt that its agenda is to inflict pain and hardship on Nigerians to satisfy their selfish interests.

The unjustifiable fresh increase in the price of these essential supplies, coming barely a week after the APC, brazenly posted support for a fuel price hike, while attempting to rationalize the excruciating hardship being suffered by Nigerians under the Muhammadu Buhari led administration, has further confirmed that the APC is at the centre of the harsh policies of the Buhari’s Presidency,” the party said.

PDP in their statement, also said that it is distressing that the APC administration increased the cost of essential commodities at the time the leadership of other countries are offering palliatives to their citizens to cushion the effect of the COVID-19 pandemic, saying “it is instructive to add that our nation is doomed under the watch.

We know that the APC is an unfeeling party but it is indeed shocking that it could go to the extent of approving such a hike at this trying time when many Nigerians are struggling to afford staple foods and other necessities of life.

Our party challenges the APC and the Muhammadu Buhari led administration to publish the parameters with which it arrived at the fresh increase of fuel price to N151 per liter given that with the prevailing values in the international market, the appropriate price template for domestic pump price in Nigeria ought not to be above N100 per liter,” the party said.

Mr Kola Ologbondiyan also added that: “Our party further challenges the APC led Federal Government to publish details of its sleazy and over-bloated oil subsidy regime, including the involvement of APC interests in the claimed under-recovery for unnamed West African countries, running into trillions of naira, while Nigerians are made to bear the burden of high fuel costs.

Moreover, the APC and its government have failed to allow an open investigation into allegations of fuel price overcharge as well as the fraudulent subsidy regime through which over N14 trillion had allegedly been frittered by unscrupulous individuals in the APC.

Our fear is that the PDP is pushing Nigerians to the wall with its obnoxious and anti-people proclivities and we caution that nobody should misinterpret the peaceful and law-abiding nature of Nigerians as a sign of weakness.

Our party, therefore, restates our call on the National Assembly to save the nation by calling the APC and its administration to order before they plunge our nation into chaos,” he added.

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