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PDP calls for Fuel Price Reverse

The Peoples Democratic Party (PDP) has rejected the increase in the pump price of fuel from N159 to N170 per litre as it calls on President Muhammadu Buhari to reverse the increase.
The party made the statement through its National Publicity Secretary, Mr Kola Ologbondiyan, in Abuja, describing the increase as unbearable to Nigerians.
Ologbondiyan said it was also unacceptable given the prevailing economic crunch already confronting Nigerians.
He said that the PDP insisted thatt the increase in the pump price would worsen the already “suffocating economic” situation in the country.
He added that such a hike would be an additional log tied on the economic neck of Nigerians.
Ologbondiyan said that the government had no justification to increase the cost of fuel to anything above N100 per litre, let alone N170.
He said that there was no such justification when there were pre options to maintain affordable prices given Nigeria’s production capacity and pofulfilments.
Ologbondiyan decried the continuous increase in the pump price of fuel.
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 said that energy officials had withheld the facts regarding the status and volume of oil production, sales, and accruing revenue.
This according to Ologbondiyan was in addition to the government’s inability to fix our refineries and end crude oil theft.
He added that fraud in the management of the country’s oil resources was responsible for the high costs and hardship being suffered by millions of Nigerians who could barely afford their meals and basicc necessities of life.
He called on President Muhammadu Buhari to take steps in the fulfillment of his campaign promise to revamp Nigeria refineries while urging him to get more competent hands to run the oil sector.
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