PDP Warns Nigerian Government Over The Fuel Price Inflation in Nigeria

The PDP has criticised the federal government over the recent increase in petrol pump price and electricity tariffs

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The spokesperson for the party, Kola Ologbondiyan, said the increment was coming at a time when many citizens were facing economic challenges

Ologbondiyan faulted the minister of information and culture, Lai Mohammed for justifying the government’s decision

PDP Warned Nigerian Government Over The Fuel Price Inflation in Nigeria

The Peoples Democratic Party (PDP) has told the Buhari adminidtration that Nigerians cannot survive the recent increase in the petrol pump price and electricity tariffs.

Fuel Price Inflation

The spokesperson for the party, Kola Ologbondiyan, pointed out that the increment was coming at a time when many citizens were struggling to cope with the economic challenges in the country, Channels TV reported.

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The PDP has said the recent increase in petrol pump price and electricity tariffs is too much for Nigerians to bear.

Ologbondiyan faulted the minister of information and culture, Lai Mohammed for justifying the increase in electricity tariffs and the petrol price.

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“Our party stands with Nigerians in insisting that there is no way our compatriots can survive a N162 per liter fuel price and a N66 per kw/h of electricity in a country which, in the last five years, ranked as poverty capital of the world, with a frightening 23 percent unemployment rate; where over 90 million citizens live in abject poverty and many more living on less than N500 a day,” he said.

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He said it was inconceivable for the federal government to increase the cost of essential commodities after it had previously admitted that 90 million Nigerians are living in poverty.

The PDP pointed out that the recent increases will lead to a rise in the cost of transportation and other essential commodities.

According to the party, the resultant effect is that most citizens will be left with nothing for food, medicines, house rents and other basic necessities of life.

Meanwhile, the Nigeria Labour Congress (NLC) has berated the federal government for arguing that the petrol price in the country is the cheapest all over Africa.

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The NLC chairman, Ayuba Wabba, speaking on Tuesday, September 8, called out Lai Mohammed, the minister of information and culture who made the argument, The Cable reported.

Wabba noted that Mohammed opposition is baseless considering the fact that the minimum wage is just N33, 000 with the constant devaluation of the naira compared to the increased value of other African currencies.