Connect with us

Politics

Anger, Protests Trail Hike In Fuel Price

Published

on

BREAKING: NNPC Increases Petrol Price, To Sell For N170/Litre

…PDP, SERAP, NCFront, Others Kick

The Minority Caucus in the House of Representatives and the Peoples Democratic Party (PDP) on Wednesday rejected the increase in the pump price of fuel from N148 to N151. 56 announced by the Petroleum Product Marketing Company (PPMC) describing it as unacceptable.

This was contained in a statement made available to newsmen in Abuja by the Minority Leader of the House of Rep, Ndidu Elumelu said that the new pump price would result in an increase in the already high cost of consumer goods and services, and worsen the current economic hardship being suffered by Nigerians.

According to Elumelu “the minority caucus in the House of Representatives, rejects the announced increase in the pump price of fuel.

“This is because such increase will directly result in more hardship on our citizens, particularly at this critical time when the majority of Nigerians, across the country, are struggling to survive under the burden of the high cost of living and low purchasing power occasioned by the prevailing economic challenges.

“Any increase in the cost of an essential commodity like fuel will therefore bring more hardship to the people and as such should not be contemplated.”

The Caucus challenged the All Progressives Congress (APC)-led Federal Government to rather come up with strategies that would lead to decrease rather than increase in the cost of domestic fuel, including revamping the nation’s refineries, instead of always resorting to price increase, to the detriment of Nigerians.

The minority caucus, therefore, directed the PPMC to immediately rescind its announcement and revert to the former price, with a view of a downward review.

In the same vein, PDP has rejected the latest increase in pump price of fuel from N145 to N151 per litre.

It described the new price regime as callous, cruel and punishing.

In a statement on Wednesday by its spokesman, Kola Ologbondiyan, the main opposition party demanded immediate reversal of the prices to avert a national crisis.

The PDP noted the increase will result in upsurge in costs of goods and services and worsen the biting hardship faced by Nigerians, who are already impoverished and overburdened by high costs of living imposed by the government in the last five years.

The party said: “It is distressing that the APC administration increased the cost of essential commodities at the time the leadership of other countries are offering palliatives to their citizens to cushion the effects of the COVID-19 pandemic. It is instructive to add that our nation is doomed under the APC watch.

“We know that the APC is an unfeeling party but it is indeed shocking that it could go to the extent of approving such a hike at this trying time, when many Nigerians are struggling to afford staple foods and other necessities of life”.

The party challenged the APC and the Buhari administration to publish the parameters with which they arrived at the increase in fuel price to N151 per litre given that with the prevailing values in the international market, the appropriate template for domestic pump price in Nigeria ought not to be above N100 per litre.

“Moreover, the APC and its government have failed to allow an open investigation into allegations of fuel price overcharge as well as the fraudulent subsidy regime through which over N14 trillion had allegedly been frittered by unscrupulous individuals in the APC.

“Our fear is that the APC is pushing Nigerians to the wall with its obnoxious and anti-people proclivities and we caution that nobody should misinterpret the peaceful and law-abiding nature of Nigerians as a sign of weakness.

“Our party therefore restates our call on the National Assembly to save the nation by calling the APC and its administration to order before they plunge our nation into chaos,” the PDP said.

Meanwhile, the Socio-Economic Rights and Accountability Project (SERAP) has told President Muhammadu Buhari’s government to immediately reverse the increment in pump price of petrol.

The increment was announced by Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation, NNPC, on Wednesday.

SERAP, reacting on Iis official Twitter page, described the increment as a travesty, noting that the decision will affect millions of Nigerians struggling to make ends meet.

SERAP wrote: “We urge Nigerian authorities to immediately reverse the unfair hike in fuel price from N148 to N151.56k per litre.

In the same vein, Afenifere and PANDEF, in their separate reactions, wondered why the federal government would want to further impoverish the people with the fuel price at this trying period.

Spokesman of Afenifere, Mr. Yinka Odumakin, stated that the latest development was the fallout of the fake promises made to the electorate by APC to assume power over five years ago.

He also flayed Nigerians who he said failed to hold politicians to account for promises made to them during campaigns.
He said: “This is coming from those who made all fake promises to them before they got power. It is a reward for people who don’t hold politicians accountable for their words.”

PANDEF condemned the increase in the pump price of petrol, saying it was unfortunate that Nigerians were continuously being made to pay for the inefficiencies of the government and its agencies.

The group’s National Publicity Secretary, Hon. Ken Robinson, said: “How can the government even consider increasing the pump price of fuel again at this time in the face of the COVID-19-induced socio-economic challenges when citizens are struggling to carry on with everyday living?

“Many businesses are barely managing to survive; workers in the private sector are either not being paid salaries or being sacked. And it is in the face of such damning situations that the government has again introduced conditions in the guise of a fraudulent deregulation regime that has reportedly warranted the increase in the pump price of fuel in the country.

“The action is insensitive, callous, and clearly anti-citizens and is definitely going to adversely impact on citizens’ livelihood and I wonder why do the people have to always bear the painful consequences of the failures of government?”

He called on the federal government to rescind the latest price increase so as not to further add to the hardship Nigerians are facing.
He stated: “It is unfathomable that a country said to be the sixth-largest oil-producing country in the world, has, paradoxically, for decades, depended on imported fuel products to meet domestic needs, due to lack of refining capacity. And we have four refineries in the country that have largely become economic drainpipes. Why do we have to continue like this? Why can’t citizens optimally benefit from a commodity that we produce, in abundance?”

Also, the Advocacy for Integrity and Economic Development (AIED) described the increase in the price of petrol and the upward review of electricity tariffs by the Nigerian Electricity Regulatory Commission (NERC) as “draconian anti-masses policy by a heartless administration.”

In a press statement issued yesterday by its Director of Media and Publicity, Mr. O’Seun John, the organisation urged the federal government to revert to the initial price of petrol and electricity tariff.

“All over the world, people are just starting to pick up the pieces of their livelihood after months of economic decline caused by the COVID-19 pandemic. While responsible governments are giving out tax relives, grants and offering succour to the citizens, including cash benefits and free electricity, the present government has chosen this low time in the lives of Nigerians to further elevate their suffering,” it said.

In addition, Nigeria’s emergent citizens’ movement, the National Consultative Front, NCFront, is incensed and aghast over President Muhammadu Buhari government’s inhuman ambush of Nigerians with an increase in the ex-depot price of Premium Motor Spirit, better known as petrol, decreed to take effect same Tuesday it was announced.

Being a grassroot mass movement, we have observed the melancholic mood of Nigerians following reports that the Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, on Tuesday increased the ex-depot price of PMS from N138.62 per litre to N151.56 per litre.

With the ex-depot price being the amount at which the product is sold to marketers at the depots, it is a no-brainer that this unconscionable hike by the Federal Government will translate to an increase in the pump price of petrol thus worsening the woes of Nigerians who have just been yoked with an increased electricity tariff amongst other devastating policies of government.

We utterly regret that the administration is carrying on as if its sole aim of seeking and acquiring another term of political power is to punish Nigerians for a supposed grouse that has remained unclear. Else, there’s no other reason as to why a government would so prey on hapless citizens still battling with untold hardship foisted by Covid 19 lockdown. However, it is now up to the Nigerians to join hands with NCFront Leaders of conscience in emancipating themselves from a ruling class that can neither guarantee their security nor care about their welfare.

Some of the litany of woes visited on Nigerian citizens by the Buhari Government range from the serial increase in petroleum products since it came into power, jacking up of the Value Added Tax (VAT), introduction of stamp duties in all banking transactions, and the obnoxious, callous and unconscionable recent introduction of tax on all Tenancy and Lease Agreements.

Nigerians, if nothing is done can expect more vindictive economic policies tailored towards ensuring that the citizenry is pauperised into docility and submission to the administration’s full-blown dictatorial proclivities. The recent punitive amount of N5,000,000.00 (Five Million Naira only) for hate speech announced by the Minister for Information, Mr. Lai Mohammed, was another building block in the construction of the edifice for despotic rulership by the Buhari regime.

We believe that the impoverishment of citizens by the demobilising economic policies of the Buhari government is aimed at weakening Nigerians’ resolve to challenge the ruling political at elections by making them docile, malleable and submissive to the Buhari regime. Nigerians can wean themselves off their complacency and docility by joining NCFront to pull off a major Electoral Ballot Revolution that is underway.

On the same score, the Front also condemns the various state governments’ transfer of the economic hardship brought about by the COVID-19 pandemic to their already impoverished workforce, who we observe are being treated as scapegoats and made to bear the burden of state’s dwindling revenue occasioned by Covid 19 lockdown among others like reckless corruption and incompetence.

We have noted that workers in some states were not only paid a miniscule fraction of their meagre salaries, but are now being sacked arbitrarily in flagrant disregard of labour rights so that government officials can continue to live extravagant lifestyle aided by pilfered public funds

Given that the pay of Nigerian workers can barely take them home, it is wicked for those in authority to feed from the little they depend on for their survival as it is criminally to tamper with their rights under whatsoever guise. Therefore, If it is about reducing overhead cost, governors must leave workers salary alone and rather focus on their security votes and other funds being wasted on their coterie of do-nothing appointees.

 222 total views,  3 views today

Politics

2023: Tinubu Visits Minna, Says IBB ‘Gave Me His Prayers’

Published

on

A presidential aspirant of the All Progressives Congress (APC) in the 2023 general elections, Bola Tinubu has visited Minna, the Niger State capital.

Addressing journalists on Thursday, Tinubu said he met with former Military President, Ibrahim Babangida who prayed for success for his presidential ambition.

The APC chieftain and former Lagos State Governor said his mission to the North-Central state was part of his consultations to brighten his chances of succeeding President Muhammadu Buhari, whose tenure will expire next year.

According to him, consultations were still ongoing and he wouldn’t stop seeking extensive consultations before the 2023 general elections.

“Generally, I came to Niger State to commiserate with the Governor and the people of Niger State. I can’t stop by without paying a courtesy call to the enigma General Ibrahim Badamasi Babangida, Retired,” Tinubu said.

“So, he gave me his prayers. You want to know the outcome of the consultation? We are running a democracy, I took my decision voluntarily and I am running for the Presidency of the country, we are running a democracy, thank you very much and God bless you.

“When I made the declaration, I told you that I am still consulting and I will consult as widely as possible.”

Before visiting the former Head of State, he was at the Niger State Government House where he donated the sum of N50 million to families of victims of the recent killings by bandits on communities in Niger State this month alone.

Speaking with Governor Bello Abubakar, he decried the security situation in the country and said it can be fixed with prayers and self-belief.

He equally asked Nigerians not to see the nation’s security challenges as a hopeless situation.

 738 total views,  424 views today

Continue Reading

Headline

No Decision Yet On Petrol Subsidy, Says Obaseki

Published

on

The National Economic Council in Nigeria says deliberations on the issue of subsidy on premium motor spirit are ongoing and that no decision has been taken on it.

Governor Godwin Obaseki of Edo State, Southern Nigeria, stated this while briefing State House correspondents on Thursday after the meeting of the Council presided over by Vice President Yemi Osinbajo.

Obaseki says the NEC ad-hoc committee headed by Governor Nasir El-Rufai of Kaduna State, North West Nigeria, has been working on the issue, but insisted that the Council has not taken a decision yet.

“The issue of subsidy has been one matter that NEC has deliberated on for more than a year now.

“There was an ad-hoc committee which was set up by NEC, headed by Gov. El-Rufai that included members of the executive arm of government that worked on recommendations as to what we should do about the cost of PMS locally because as has been told us the cost of pms in Nigeria today is about N162 for a litre whereas every other country surrounding Nigeria is selling the product at more than 100% of the cost in Nigeria.”

According to Obaseki, the huge amount Nigeria spends on subsidy could have been put on the provision of amenities in the country.

“The country as at last year spent in excess of—we must have the exact figures—but we must have spent almost N2trillion subsidizing petroleum products.

“That is money that could have gone into building roads; money that could have gone into healthcare and education.

“So, for NEC, the argument has been put out: should we continue this regime of spending money that we do not have to subsidize the living standard of mostly those who have vehicles.

“When NEC looked at some of the analysis last year, we then realized that less than 1/3 of the states in this country consume 2/3 of the subsidy.

“So the issue of equity also came up. All of these findings were presented to the NEC and NEC has had deliberations on still ongoing.

“So, NEC has not come up with any decision yet and I think has also been made to the president.”

 1,468 total views,  728 views today

Continue Reading

Headline

How I Narrowly Escaped Being Killed In Bomb Blast On Kawo Bridge, Buhari Narrates Ordeal

Published

on

President Muhammadu Buhari has said he narrowly escaped being killed by a bomb near the Kawo bridge, while travelling to Katsina State in July 2014.

The president dropped the hint while he was commissioning the multi-billion naira project in Kaduna on Thursday.
Recall, the Kawo bridge had attracted many tourists to Kaduna since its completion.

The president had said, “they wanted to blow me. But my escort somehow stopped them. Before we came to this bridge they became so desperate and there was a small market or something like this here.

“They detonated the device. God protected us and here I am again. Thank you very much your Excellency and remarkably you became my governor. I don’t think I have any input. Zainab became my minister of finance. I didn’t know you’re from the gentleman I respect and go to his house. This is a fabulous coincidence and I thank God for it. Therefore I have taken your loyalty for granted.”

As part of the visit to Kaduna, President Buhari also commissioned the ultra-modern sports and shopping complex at Murtala Square Kaduna, where he reiterated the likelihood of staying in Kaduna after he leaves office.

Earlier, President Buhari who arrived in Kaduna on Wednesday was in Kafanchan, Southern Kaduna where he appreciated the numerous projects he commissioned and thanked the governor for building good roads and other infrastructural projects in rural parts of the state.
Buhari and his entourage led by Governor El-Rufai are expected to be in Zaria in continuation of the project commissioning.

The president’s visit to Kaduna is expected to end on Friday.

 1,450 total views,  368 views today

Continue Reading

Recent Posts




JOIN US ON FACEBOOK

Trending