INCREASING FUEL TO 170 NAIRA PER LITRE IS TOO MUCH FOR NIGERIANS – PDP

The Peoples Democratic Party (PDP) has urged President Muhammadu Buhari to reverse the increase in the pump price of fuel which increased from N159 to N170 per liter.

The party in a statement issued by its National Publicity Secretary, Mr Kola Ologbondiyan, on Friday in Abuja, said the hike in fuel price is too much and describing it as unbearable to Nigerians.

Ologbondiyan said it was also unacceptable given the prevailing economic crunch already confronting Nigerians.

He said that the PDP insisted that 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 liter, let alone N170.

He said that there was no such justification when there were practical options to maintain affordable prices given Nigeria’s production capacity and potentialities.

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