Fuel: PDP cautions presidency, APC on reports about price increase

Fuel: PDP cautions presidency, APC on reports about price increase

- The PDP has responded to reports on imminent increase in fuel price

- In a statement on Thursday, July 11, the PDP called on the presidency and the APC to avert the situation

- The opposition party said that if the price is increased from the current N145 to any amount, Nigerians will be pushed to unbearable hardship

Following reports and insinuations on the possibility of increase of fuel price, the Peoples Democratic Party (PDP) has call on the All Progressives Congress (APC) and the presidency to avert the situation for Nigerians.

Stating that it is deeply concerned about the welfare of citizens in the country, the PDP, in a statement on Thursday by its national spokesman, Kola Ologbondiyan, said that increasing the price of fuel from the current amount of N145 will bring Nigerians to biting hardship, Daily Trust reports.

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The statement said: “The PDP firmly holds that, at a time like this, rather than musing an increase in the price of such an essential commodity, a responsive leadership ought to be engaging stakeholders and seeking ways to achieve a reduction in the interest of the people.

“Our party insists that the price comparison being contemplated by the APC-controlled Nigerian National Petroleum Corporation (NNPC) to warrant an increase, is untenable and further demonstrates that the APC is a party of selfish, unfeeling and insensitive individuals, who relish in inflicting pain and anguish on Nigerians for their selfish desires.

“Moreover, in arguing that petrol price is cheap in Nigeria without also comparing our market and production variables as well as social and economic infrastructure, with those obtainable in other countries, the APC-controlled NNPC is trying to play on the intelligence of Nigerians to pave way for further fleecing of our citizens.

“Such anti-people position can only come from leaders who do not have the mandate of the people and as such think that they are not answerable or accountable to the citizenry.

“This is the same APC, which, in 2015, promised to reduce fuel pump price, only for it to increase it from N87 per litre, stabilized by the PDP, to an exorbitant N145, from which it now seeks a further increase.

“Moreover, the APC-led federal government has no justification whatsoever to contemplate any increase in pump price of fuel, when President Muhammadu Buhari has failed to recover the N9 trillion ($25 billion) oil money stolen under his watch, through sleazy contracts, as detailed in the leaked NNPC memo.

“President Buhari had also failed to recover the N1.1 trillion worth of crude oil allegedly stolen, using 18 unregistered companies, reportedly linked to APC interests.

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“It is therefore unacceptable that rather than recovering the over N10trillion stolen oil money and channelling same to our domestic energy needs, the APC-led federal government is seeking to shift the burden of the humongous corruption in the NNPC, as confirmed by the new group managing director, Mele Kyari, on our already deprived and impoverished compatriots.

“It is saddening that at a time Nigerians should have been enjoying the benefits of Atiku Abubakar’s economic recovery plan, they are still being faced with apprehensions of more economic hardship under the hypocritical and unfeeling APC."

Earlier, Legit.ng that the current price of Premium Motor Spirit (PMS), which is N145, had been referred to by the Nigerian National Petroleum Corporation (NNPC) as the major cause of its loss in terms of revenue.

This was the position of the new general managing director of the NNPC, Mele Kyari, when leaders of revenue generation associations met with the Senate in Abuja to brainstorm over efforts targeted at increasing revenue for the country.

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What will Nigerians do if FG increases fuel pump price to N180/litre? | Legit TV

Source: Legit

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