Fuel price hike beginning of hard times, says LP


The leadership of the Labour Party on Tuesday condemned the new hike in the price of petrol in the country, saying the development heralds the beginning of hard times for Nigerians.

While lamenting that the masses don’t deserve the current treatment being meted out to them, the opposition party nevertheless stated that it warned Nigerians against voting for the government of All Progressives Congress for continuity.

Nigerians woke on Tuesday to behold the news that the Nigerian National Petroleum Company Limited has adjusted the pump price from N540 to N617 per litre.

Speaking with State House correspondents shortly after a closed-door meeting with Vice President Kashim Shettima, the Group Chief Executive Officer of the NNPC Limited, Mele Kyari, has attributed the rise in petrol pump prices in Nigeria to market forces.

According to him, the new pump price reflects the dynamics of a market-regulated pricing model.

Reacting in a statement titled ‘Latest Petroleum Pump Price Increase: Nigeria will overcome the taskmaster in our land’, National Publicity Secretary of LP, Obiora Ifoh, disclosed that the development will further widen the berth between the rich and the poor.

The statement read, “The Labour Party has said that the latest adjustment in the petroleum Pump Price is just the beginning of hard times Nigerians will be facing under the All Progressives Congress-led administration.

“Recall that we had earlier warned that the bourgeoisie government in place can only enrich the upper class and inflict penury on the proletariat. You offer a paltry N8,000 to a family of five and extract all they have laboured for through obnoxious policies.

“Nigerians do not deserve what they are getting from the present government. The Labour Party condemns the attitude of the government to its people. This is even coming at a time the Nigerian currency has continued to devalue under the watch of this government. We are however optimistic that Nigeria will overcome the taskmaster of our time. We will soon witness the Promised Land.”

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