The Labour Party (LP) has condemned the new increment in petrol prices in the country, saying the situation is the beginning of hard times for Nigerians.
Nigerians
woke up on Tuesday to realise that the price of petrol had been adjusted at
fuel stations across the country, including those of the Nigeria National
Petroleum Company Limited (NNPCL). While NNPCL adjusted the pump price from
N540 to N617 per litre, other filling stations sell the essential commodity at
a higher amount.
Reacting
to the situation, the opposition party said Nigerians do not deserve what they
are getting from the present government.
In a
statement on Tuesday, LP National Publicity Secretary, Obiora Ifoh, stated that
the party warned Nigerians against voting for the government of All
Progressives Congress for continuity.
“Recall
that we had earlier warned that the bourgeoisie government in place can only
enrich the upper class and inflict penury on the proletariat,” the statement
read.
“You
offer a paltry N8000 to a family of five and extract all they have laboured for
through obnoxious policies.”
The
LP’s spokesman, however, did not indicate what his party would have done
differently if it had won the presidential election in February, especially as
its presidential candidate, Peter Obi, had, like President Bola Tinubu,
promised to remove subsidy on petrol if elected president.
Earlier,
the NNPCL Group Chief Executive Officer, Mele Kyari, attributed the rise in
petrol pump prices in Nigeria to market forces.
He said
with deregulation of the oil sector, market realities will force the prices of
petrol up sometimes and at other times force the prices down.
The
NNPCL boss said the increase in the price per litre of petrol from over N500 to
N617 is not a supply issue, assuring Nigerians that the country has “robust
supply” of the vital commodity.
Kyari
said Nigeria has over 32 days of supply and not short of petrol.
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