Petrol should not exceed N70 per liter in Nigeria – PDP warns

0

The People’s Democratic Party (PDP) on Friday warned the Federal Government against jerking up the pump price of petrol.

“With an honest and transparent administration of our national production capacity and potentialities, the domestic price of fuel should not exceed N70 per liter”, the opposition stated.

National Publicity Secretary, Mr. Kola Ologbondiyan, said any contemplation to increase price would worsen economic conditions.

The Petroleum Products Pricing Regulation Agency (PPPRA), Thursday night, released a template that showed at a liter would cost between N209 to N212 for March.

Following nationwide outrage, the agency and the government made a U-turn and suggested it was an error.

Trade Club

The PDP stressed that N212 was not in the best interest of Nigerians grappling with COVID-19 effects.

The spokesman said any increase would be unacceptable as over 100 million citizens live in abject poverty.

Ologbondiyan advised the Buhari administration to save the nation by ending every increment contemplation, adding that Nigerians expect a downward review in prices.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.