PDP House Caucus Demands Immediate Reversal of Hike in Fuel Price, Tariffs

By obp001 • a week ago • 5897 views • 972 comments

The Peoples Democratic Party (PDP) caucus in the House of Representatives yesterday said the recent increase in the pump price of petrol as well as the electricity tariff has shown that President Muhammadu Buhari-led administration is highly irresponsive to the suffering of the Nigerian masses.

The caucus leader, Hon. Kingsley Chinda, reached the resolution at its 18th virtual meeting, where it reviewed issues of national interest particularly, the recent increases in fuel price, electricity tariff, stamp duties and the implementation of 7.5 percent Value Added Tax (VAT) by the federal government.

Chinda noted that the COVID-19 pandemic has no doubt inflicted great hardship globall,y and a government that has the interest of its people at heart ought to know that the best response to the current economic uncertainties exacerbated by the pandemic is to stimulate its economy by introducing some waivers and encouraging small and medium enterprises (SMEs) and skills development.

He said Nigerians have gotten to the end of their tenders and would resist further draconian and non-people oriented policies, as the federal government has consistently flouted the contract of good governance entered with the people as enshrined in chapter 2 of the constitution.

The lawmaker lamented that the recent increase in pump price would be the third hike since the advent of this administration, calling on President Buhari to as a matter of urgency reverse the increases to meet the yearnings of Nigerians and realities of the moment.

972 Replies | Last update a week ago | Last comment

Requires Login