The Peoples Democratic Party has rejected the announced increase in fuel price from N123 to N143.80 per liter by the federal Government, describing it as a punishment to Nigerians given the prevailing economic hardship foisted on country by the administration.

A statement from the National Publicity Secretary of the party, Kola ologbondiyan, said the party described the hike, despite the decline price of crude oil in the international market, as grossly unjustifiable and further exposes the insincerity of the APC and its administration.

He noted that in directing a fuel price increase at the time Nigerians are facing the economic and social trauma of the COVID-19 pandemic, the President Muhammadu Buhari-led APC administration shows a total lack of human feelings to the plights of the citizenry.
He challenged the APC-led Federal Government to present to Nigerians, the indices and parameters it used to determine the price increase, which obviously cannot be in tandem with the prevalent situation in the global industry.

Ologbondiyan said the actions of the APC administration have continued to confirm that the party has never been pro-poor but only relishes in imposing hardship and heavy taxes on already impoverished Nigerians, while running an over-bloated government through which resources meant for the welfare of Nigerians are frittered by corrupt officials and the cabal in the Presidency.

He said what Nigerians expect of the Buhari Presidency at this critical time is to save resources by immediately cutting the size of its over-bloated government, recover the over N14 trillion oil money stolen under its watch and channel the funds towards the wellbeing of Nigerians.

The NPS however charged the APC and its administration to immediately reverse the pump price of fuel to a price not exceeding N90 per liter, given the prevailing templates in the price of crude oil in the international market.

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