Increase in pump price: Nigeria is sliding into a failed state under President Buhari – Kalu

fuel price

The National Coordinator of PDP Coalition and leading opposition voice, Chief Dr Emeka Kalu has
warned that if nothing is urgently done to safe the situations in the country, Nigeria is sliding into failed state.

Kalu stated this while condemning the increase in the pump price of Premium Motor Spirit (petrol) from N148 to N151.56k per litre following the announcement by
the Petroleum Product Marketing Company that the Nigerian National Petroleum Corporation retail outlets would now sell petrol for N151.56k per litre, while the Independent Petroleum Marketers Association of Nigeria had directed its members in the South-West to sell at N162.

READ  Governor Zulum Supports Widows, Aged And Vulnerables

Kalu in a statement through Comrade Sunny Idika, challenged the All Progressives Congress-led Federal Government to come up with a viable and achievable strategies that would lead to decrease rather than an increase in the cost of petroleum products.

He said “What is happening now is not surprising to some of us that knows APC has nothing to offer. Nigeria is gradually sliding into a failed state under the watch of President Muhammadu Buhari. However, I reject in strong terms the increase in the pump price of Premium Motor Spirit (petrol) from N148 to N151.56k per litre. It’s senseless, wicked and reckless to do it at a time Nigerians are struggling to feed.”

READ  Senate presidency: Group urges Senators to vote Lawan

“What I expect the APC government to do is to come up with strategies that would lead to decrease rather than an increase in the cost of petroleum products, as well a holistic revamping of the nation’s refineries, instead of always resorting to price increase to the detriment of Nigerians.”

The former gubernatorial aspirant and DG of Atikulated Agenda Worldwide explained that Buhari’s led government has done nothing good for Nigerians other than the litany of woes visited on Nigerian ranging from 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, the serial increase in petroleum products.

Recommended For You

Leave a Reply

%d bloggers like this: