The Peoples Democratic Party (PDP) has condemned the current fuel price of ₦700 per liter, saying it’s unacceptable and should not exceed ₦200 per liter with proper management of resources and strategic investment in gas production.
The opposition party made this known in a statement signed by its National Publicity Secretary, Debo Ologunagba, on Saturday. The statement also called on President Bola Tinubu to recover the alleged ₦50 trillion stolen by APC leaders and channel the funds to programs that benefit Nigerians.
The PDP’s statement comes as Nigerians protest for the third day, demanding a reversal of the fuel subsidy ban and swift economic intervention from the federal government amid widespread hardship and hunger.
According to the PDP, “Our Party insists that with a deft, transparent and innovative management of resources, economic potentials, comparative advantage and refining capacity, petrol should not sell more than N200 per liter in Nigeria…”
The party also urged President Tinubu to reduce tariffs on essential goods, cut the cost of governance, and review luxury items in his government to alleviate the suffering of Nigerians.
