PDP Tells Buhari To Reduces Petrol Pump Price Further

The Peoples Democratic Party (PDP) has released a fresh demand to the APC led federal government with regards to the newly announced pump price of N123.50k price.

According to a statement by the spokesman for the PDP, Kola Ologbondiyan, said the appropriate price per liter be fixed at N90 and not N123.50k.

The party described the recent cut in price from N125 to N123.50 as offensive and fraudulent, adding that it’s a further display of cruelty and insensitivity to the plight of Nigerians by the administration. The PDP insisted that given the slump in the price of fuel and crude oil in the international market, the correct pump price of fuel is between N80 to N90 per litre.

It described the latest N123.50k pump price as unacceptable, adding that it amounted to fleecing Nigerians. The party carpeted the administration for attempting to delude Nigerians by “tweaking” the cost decimals to create a misleading impression of price reduction while fleecing the unsuspecting public.

The PDP challenged the administration to explain how it arrived at the N123.5 pump price, instead of the appropriate price of N90, in view of the fall in international price.

The PDP challenged the federal government to publish the full prevailing landing cost, the prevailing three percent depot cost and the three percent trucking cost as well as the retail outlet administrative cost before it can justify why price should be above N90.

Continuing, the PDP said,

here the copy of the Party’s request  below from there twitter handle

Fuel Price: PDP Rejects N123.5 Price Tweak, Insists on N90 per liter…Berates APC For Manipulating Prices, Fleecing Nigerians

The @OfficialPDPNig rejects the April 1 tweaking of fuel price from N125 to N123.5 instead of the appropriate N90 per liter canvassed by Nigerians. pic.twitter.com/DnnM6CoNGM

— Official PDP Nigeria (@OfficialPDPNig) April 2, 2020