Again, protests rock Osogbo over hike in electricity, petrol

Again, protests rock Osogbo over hike in electricity, petrol

- Some protesters took to the street in Osogbo, the Osun state capital on Wednesday, September 16

- The protesters are demanding the reversal of the hike of electricity tariff and petrol price by the federal government

- The group also called for the resignation of President Muhammadu Buhari as Nigeria's leader

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For the second time in two weeks, protesters hit the streets of Osogbo capital of Osun state on Wednesday, September 16, demanding for the resignation of President Muhammadu Buhari over the refusal to reduce the hike of the electricity tariff and petrol price.

The Nation reports that the protesters under the aegis of Osun Civil Society Coalition converged at Nelson Mandela Freedom Park, Old Garage area and started the protest this morning.

According to the report, they matched through major roads in the state and eventually terminated the protest in front of Nigerian Union of Journalists Correspondent chapel in the state capital.

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The protesters were armed with banner and placard chanting anti-government demanding resignation of President Buhari.

Again, protests rock Osogbo over hike in electricity, petrol
President Buhari's government is facing a hard time convincing Nigerians on its new policies. Photo Credit: @MBuhari / Twitter
Source: Twitter

One of the leaders of the protesters, Comrade Waheed Saka, said, “Nigerians have never had it so bad like we are under the current administration. We are here to protest against the hike in price which is not affecting businesses.”

Also speaking, a human right activist and lawyer, Comrade Alfred Adegoke said: “We are on the streets today to call for the resignation of President Buhari for his refusal to revert the electricity tariff and petrol price.”

The protest comes a day after the federal government disclosed that petrol should be sold for N181 per litre if all costs implications are considered and factored in rather than the present pump price of N161.

This was disclosed by the minister of state for petroleum, Timipre Silva on Tuesday, September 15, at the bipartite meeting between the federal government and the organised labour, held at the Banquet Hall of the Presidential Villa, in Abuja.

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Sylva, a former governor of oil-producing Bayelsa state, pointed out that Nigeria lost a total N10.413 trillion to subsidy between 2006 and 2019, while between the year 2016 and 2019, he said the federal government lost a total sum of N2.193 trillion on subsidy.

He pointed out that if the sector was fully deregulated and the dollar exchange rate was fully factored in, the fuel price would not be N161 but N183 per litre.

PAY ATTENTION: Install our latest app for Android, read the best news on Nigeria’s #1 news app had earlier quoted Sylva as saying funds from the subsidy would be deployed to fund other critical components of the economy.

“It is time for Nigerians to face reality and do the right thing. What is deregulation going to do? It is going to free up a lot more money. At least from the very beginning, it will save us up to a trillion and more every year,” he told some journalists on Thursday, September 10.

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Civil societies kick, plan mass action against fuel price hike | Legit TV


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