The Peoples Democratic Party has appealed to the federal government to revert back to the old price of fuel which had been 159
The President of the Republic of Nigeria, Muhammadu Buhari had earlier increased the price of fuel from 159 naira to 170 per liter
The party’s National Publicity Secretary, Mr Kola Ologbondiyan had on Friday 13th November, 2020 rejected the top up on the price of fuel, saying it was unbearable on Nigerians
Ologbondiyan said it was not be be accepted seeing the current economic melt down plaguing Nigerians
The party secretary maintained that the increment in the price of fuel was going to do nothing but worsen the already “suffocating economic” situation in the country
Ologbondiyan reiterated that the price of fuel now increased to 170 per liter was an additional log tied to the neck of Nigerians
He insisted that the increase in fuel price was unjustifiable, adding that there were other options to chose from seeing as the country thrived on its production
He added that the government had yet to come clean on the parameters being used for the hike in prices vis-a-vis Nigeria’s production, export, and accruing revenue.
He also added that the government are yet to expose the reasons for the fuel spike and its production, export and accruing revenue
He argued that certain facts regarding the status and volume of oil productions and sales had been withheld by energy officials
The secretary stated also that fraud was a playing factor in the management of the country’s natural resources responsible for the high cost and hardships suffered by millions of Nigerians
He concluded by appealing to the president to come through with his campaign promises about revamping the Nigerian oil sector and urged him to employ more competent hands
