Fuel Price Hike: Buhari’s Gov’t Has Wrecked Our National Economy – PDP


Nigeria’s opposition party, the Peoples Democratic Party has warned President Muhammadu Buhari’s led administration against making Nigerians bear the brunt of the huge corruption in its government.

According to PDP in a statement made available to newsmen on Monday, Septemeber 7 via its National Publicity Secretary, Kola Ologbondiyan, the Buhari administration has wrecked every aspect of the country’s national economy.

PDP alleged in the statement that the current government is pushing Nigerians to the wall with its “arrogant display of insensitivity and total disregard to the demands by the citizens,” calling for an immediate downward review in the pump price of Premium Motor Spirit (petrol).

The opposition party again lamented over the increase in the pump price from N87 per litre under the PDP-led government to N160 under the Buhari administration, describing the development as wickedness against citizens.

PDP described the fuel price hike as “provocative, confrontational and totally unacceptable to Nigerians.”

The statement which was titled ‘Fuel Hike: You Are Pushing Nigerians to the Wall, PDP Cautions Buhari’ read thus; “Our party holds that the defence of such a humongous hike, which has worsened the hardship being suffered by Nigerians under the Buhari administration, is in bad taste and should be rescinded immediately.

“It is indeed an unpardonable slap on the sensibilities of Nigerians that after running a heavily corrupt oil trade and subsidy regime, through which over N14tn had been allegedly frittered by its officials, the Buhari administration seeks to put the burden of high costs on innocent and already impoverished citizens.

“The PDP totally rejects this attempt to hinge the increase in fuel price on presumed removal of oil subsidy when it has failed to account for the proceeds of oil sales in the last five years, even in the face of confession by the (Group) Managing Director of the NNPC (Nigerian National Petroleum Corporation), Mele Kyari, in April this year, that the APC administration had been running an over-bloated and sleazy oil subsidy regime.”

Again the opposition party accused President Buhari’s government of failing to account for the confession by the NNPC that it was engaged in secret siphoning of oil money through a claimed subsidising of fuel for certain West African countries.

The PDP recalled that prior to Buhari’s emergence as President, had declared fuel subsidy fraud. “Five years after, the government, which he heads, is watching over a subsidy regime that is brimming with corruption,” the party said.

“Our party insists that Nigerians should not be made to bear the brunt of the huge corruption in the Buhari administration which has wrecked every aspect of our national economy,” Ologbodinyan reiterated.

The statement reads further; “It is incredulous and shameful for this administration to predicate the reckless increase in the cost of fuel on a faulty comparison with costs in other countries of the world, whereas the daily standard of living, the purchasing power and living wage of the average Nigerian in the last five years cannot be compared with what obtains in those countries. Such comparison is therefore not only absurd but also completely illogical.

“Our party had at the wake of this increase cautioned the Buhari Presidency and the All Progressives Congress not to misinterpret the patience and law-abiding nature of Nigerians as a sign of weakness on this issue.

“It is clear that the APC administration is completely anti-people as displayed in its refusal to heed to the cries of suffering Nigerians, who have rejected the fuel price increase, and there is no way history can be kind to any President who subjected Nigerians to the economic anguish and pains they have been suffering in the last five years.

“Again, we caution the Buhari Presidency and the APC not to continue to test the elasticity of the will of the people.”

Meanwhile, Minister of Information and Culture, Lai Mohammed has declared that despite the recent hike in the price of Premium Motor Spirit to N162 per litre, the price of the commodity in Nigeria remains among the cheapest in Africa.


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