The Labour Party, LP has reprimanded the President’s administration for increasing the price of Premium Motor Spirit (PMS), which is commonly referred to as petrol or fuel.
The price of petrol in Nigeria increased by 20% on Tuesday, from N540 to N617, News About Nigeria reports.
After meeting with State House reporters, after a discussion with the vice president, Kashim Shettima, the Group CEO of the NNPCL, Mele Kyari, attributed the increase to forces in the market.
He said that the new price for the pump was based on the market’s regulations of pricing.
In a statement titled ‘Latest Petroleum Pump Price Increase: Nigeria will overcome the taskmaster in our land,’ the National Publicity Secretary of LP, Obiora Ifoh, said that the new increase in fuel prices would bring about hard times for the majority of Nigerians.
According to Ifoh, it warned Nigerians about the dangers of voting for the government of the All Progressives Congress (APC).
The statement read, “The Labour Party has said that the latest adjustment in the petroleum Pump Price is just the beginning of hard times Nigerians will be facing under the All Progressives Congress-led administration.
“Recall that we had earlier warned that the bourgeoisie government in place can only enrich the upper class and inflict penury on the proletariat. You offer a paltry N8,000 to a family of five and extract all they have laboured for through obnoxious policies.
“Nigerians do not deserve what they are getting from the present government. The Labour Party condemns the attitude of the government to its people. This is even coming at a time the Nigerian currency has continued to devalue under the watch of this government. We are, however, optimistic that Nigeria will overcome the taskmaster of our time. We will soon witness the Promised Land.”
