Fuel Price Hike: President Tinubu Assaults Sensibility Of Nigerians – PDP

By Ayodele Oni

The People’s Democratic Party (PDP) has rejected the fuel price Hike of about N1,000, describing it as a brutal assault on the sensibility of Nigerians.

The opposition party was of the view that the current hike in fuel price is an indication that President Bola Tinubu, and his party, the All Progressives Congress (APC) have lost relevance in governance.

A statement on Wednesday by Debo Ologunagba, spokesman for the PDP noted that “The thoughtless increase in fuel price especially at this time, is a huge recipe for crisis as Nigerians cannot bear its worsening effect on the suffocating economic hardship, which they currently face under the President Bola Ahmed Tinubu-led APC administration.

“The secretive and corrupt administration of the petroleum sector and persistent increase in fuel price under the Tinubu-administration, without due regard to the wellbeing of the people, is akin to pushing Nigerians to the wall and daring them to do their worse.

“The APC administration has consistently shown itself to be anti-people, unconcerned and deaf to the agonies of millions of Nigerians who can no longer afford their daily meals, medications and basic support for families due to the catastrophic high cost of living occasioned by the insensitive and reckless policies of the Tinubu administration.

“Today, under the Tinubu-led APC administration over 150 million Nigerians have sunk below poverty line, businesses are collapsing daily as the Naira now exchange for over N1,600 to a Dollar with over 34% inflation rate and over 40% unemployment rate which are expected to rise further with the latest draconian increase in the price of fuel.

“There is practically no hope in sight under the current APC government policies as major multi-national companies continue to exit our country in droves in the face of ill-conceived and ill-implemented macro-economic policies.

“The admission by the APC-led Federal Government that it has handed the fate of Nigerians to oil racketeers in the name of free market economy further validates the position of the PDP that the Tinubu-led administration has abdicated the primary purpose of government; which is to provide for the welfare and security of the citizens.

“President Tinubu is the Minister of Petroleum Resources and cannot exonerate his government and officials from the secretive and fraudulent management of the petroleum sector which is fast pushing our nation’s economy to the precipice.

“Moreover, it is inexplicable that the APC administration continues to increase fuel price despite the scandalous revelation in the public domain that it is secretly paying a whopping N5.4 trillion as fuel subsidy for 2024

“The APC government has now become an enabler of a cabal of corrupt APC rent-seekers who apparently derive pleasure in inflicting pains on Nigerians while hugely benefiting from the proceeds of incessant increase in fuel price to satisfy and fund their luxury appetite and consumption.”