Connect with us

Economy

Fuel Price: Tinubu May Soon Lose Support – Omokri

He asserted that if Tinubu fails to address the recent hike in fuel prices, he may lose the trust and loyalty of Nigerians.

Published

on

Tinubu Celebrates Reno Omokri On 50th Birthday

Reno Omokri, former aide to ex-Nigerian President Goodluck Jonathan, has warned of potential loss of support for President Bola Ahmed Tinubu, News About Nigeria reports.

He asserted that if Tinubu fails to address the recent hike in fuel prices, he may lose the trust and loyalty of Nigerians.

The Nigerian National Petroleum Corporation (NNPC) recently announced that the price of fuel would now be 617 naira per liter.

Reno Omokri emphasized that President Tinubu no longer has direct control over fuel prices, as market forces now dictate them.

“President Tinubu has no control over the price of fuel. Those days are gone FOREVER. Market forces now control the price of petrol. So, the pressure should not be on the President over the cost of fuel. Let the Independent Petroleum Marketers Association of Nigeria deal with that. 

What we should pressure the President on is the minimum wage. The current minimum wage of ₦30,000 is grossly inadequate when compared to the current cost of living in Nigeria. President Tinubu calls himself Asiwaju, meaning the progressive that leads the way. 

It is not very Asiwaju-like when Governors are unilaterally increasing salaries to help workers cope with the rising cost of living, and Asiwaju Tinubu has not led the way. Nigeria’s minimum wage should be increased to at least ₦75,000. And President Tinubu must lead the way in facilitating that. Or he will soon lose the huge support base he started off with on May 29, 2023. 

If we have ₦70 billion for Senators and Representatives to buy furniture, if we have ₦65 billion to pay severance to Buhari and Osinbajo and their aides, after their disastrous eight years in office, surely, Nigeria can afford to pay both public and private sector workers a living wage”, he tweeted.

Advertisement