The Peoples Democratic Party (PDP) has opposed the recent reduction of petrol price across the country from N125 to N123.5 per litre by the Petroleum Products Pricing Regulatory Agency (PPPRA).
The opposition party, in a statement, said the All Progressives Congress (APC)-led government’s decision to reduce pump price of fuel by a meagre N1.50k was indicative of its insensitivity to the plights of Nigerians amid the coronavirus lockdown.
According to the party, the APC-led government should avail Nigerians the opportunity to also enjoin the slumb in the prices of crude oil in the international market.
It also tasked the ruling party to explain how it came about the N123.5 fuel price to Nigerians, adding it should also publish “the full prevailing landing cost, the prevailing 3% depot cost, the 3% trucking cost as well as the retail outlet admin cost and show why the pump price should be above N90 per liter.”
The statement partly read: “It is indeed smacks of heartlessness that the APC, its leaders and cronies in government circle are rather manipulating fuel costs at this critical time when other governments across the world are seeking ways to mitigate the economic hardship being faced by their citizens.
“Our party maintains that since Nigerians earlier had to bear the brunt of high cost of fuel in the face of high oil prices in the international market, it is only fair that they also enjoy the benefits of the cut in international prices; an advantage the APC had continued to deny them.
“The PDP invites Nigerians to note how the APC and its leaders had remained silent and failed to support the demand for reduction of fuel price; a development that only points to apparent complicity in this sleazy scheme against our citizens. The PDP, therefore, charges the APC and its administration to immediately reduce the pump price to the appropriate price of N90 as well as refund the accruable, so far, from the N35 per liter difference and channel same to provision of palliatives to Nigerians.”