PDP To FG: Stop Fleecing Nigerians, Reduce Fuel Price To N70
…Says it rejects announced N121 per liter
BY GRACE ANYANWU, ABUJA – The Peoples Democratic Party (PDP) on Tuesday asked the Federal Government to stop fleecing Nigerians with high fuel price.
The party challenged the All Progressives Congress (APC) administration to disprove Nigerians by immediately publishing the prevailing landing cost, depot cost, trucking cost as well as the retail outlet admin cost and show why the pump price should be above N70 per liter.
It therefore urged the government to immediately reduce the pump price to N70 per liter to reflect the appropriate pricing template following the fall in the price of crude oil at the international market.
The PDP said it completely rejects the N121 per liter price announced by the Federal Government, which has even remained unenforced, describing it as highly provocative and a further display of the insensitivity of the All Progressives Congress (APC) to the plight of Nigerians, particularly as they battle the social and economic impact of the COVID-19 pandemic.
These were parts of a press statement by the National Publicity Secretary of the PDP, Mr Kola Ologbondiyan, in which the party insists that a N121 per liter price amounts to fleecing Nigerians of over N50 per liter of fuel.
According to the PDP; “This is in continuation of the N55 per liter overcharge, which Nigerians had borne under the inappropriate N125 per liter, which prevailed for months, before it was brought down to N123.5 per liter, in spite of the crash in international price of crude oil.”
The party said it rejects the unnecessary price pinching and therefore demanded that the Federal Government, should without further delay, implement the appropriate price as well as declare and account for the billions of naira accruable as overcharge since the crash in crude oil price.
It further said; “The failure to reduce the pump price as well as the non-declaration of the overcharge is completely unacceptable to Nigerians, as it only points to questions of corruption in the system.
“We insist that the APC and its government have no justifiable reason to retain the pump price of fuel at over N70 per liter”.
The PDP urged the National Assembly to protect the interest of the people by using their legislative instruments to prevail on the Federal Government to implement the appropriate fuel pricing and account for the overcharges.
