PDP rejects N151 fuel price, hike in electricity tariff
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PDP rejects N151 fuel price, hike in electricity tariff

- The PDP has rejected the new increase in the price of fuel to N151 per litre

- The party also lamented over the electricity tariff to N66 per kwh by the Buhari-led administration

- The opposition party called for an immediate reversal of the prices to avert a national crisis

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The Peoples Democratic Party (PDP) has rejected the fresh increase in the price of fuel to N151 per litre and electricity tariff to N66 per kwh by the Buhari-led administration.

The opposition party in a statement sent to journalists on Wednesday, August 2 by its spokesperson, Kola Ologbodiayn, described the decision of the government as “callous, cruel and punishing.”

The party demanded an immediate reversal of the prices to avert a national crisis, stressing that the increase will result in an upsurge in costs of goods and services.

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PDP rejects N151 fuel price, hike in electricity tariff

The PDP statement was signed by its spokesman, Kola Ologbodiyan. Photo credit: @OfficialPDPNig
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The party said the move will also “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.”

According to the PDP, “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 party lamented that the price increase in essential supplies, “has further confirmed that the APC is at the centre of the harsh policies of the Buhari presidency.”

The party wondered why 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.

“It is instructive to add that our nation is doomed under the APC watch.

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“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,” the PDP added.

“Our fear is that the APC 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,” the statement concluded.

Legit.ng had earlier reported that Pipelines and Product Marketing Company (PPMC) recent announced that the price of premium motor spirit popularly known as petrol has been increased to N151.56 per litre.

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The development comes barely five months after the commodity was reduced to N123 per litre by the federal government.

The news comes a day after the Nigerian National Petroleum Corporation (NNPC) has disclosed that between June and August 2020, it spent a whopping N5.34 billion on fuel subsidy.

The NNPC said the subsidy costs represented temporary payments to marketers who bought imported fuel and then sold it on for stocks they held when the subsidy was removed and would be spread over six months.

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