The Peoples Democratic Party (PDP) on Saturday said that Premium Motor Spirit (PMS) known as petrol shouldn’t sell above N200 per litre in Nigeria.
A litre of petrol cost N185 before President Bola Tinubu assumed office on May 29, 2023 after which he removed fuel subsidy on the product.
This led to an increase in the price of a litre of petrol with the Nigerian National Petroleum Company (NNPC) now selling for N568 while others sell at their own prices.
Opposition party, PDP in a statement signed by the National Publicity Secretary, Hon. Debo Ologunagba has, however, insisted that with a deft, transparent and innovative management of resources, economic potentials, comparative advantage and refining capacity, petrol should not sell for more than N200 per liter in Nigeria especially with a strategic investment in gas production.
As regards the ongoing nationwide protest, the PDP has has called on President Tinubu to end his silence, immediately address the nation and reassure the citizens on issues agitating their minds particularly the reduction in the price of petroleum products and food items.
“President Tinubu should also urgently commence the process of recovering the over N50 trillion reportedly stolen by APC leaders, reduce tariffs on essential goods, cut the cost of governance, review all luxury items in his government and channel funds recovered to programmes that have direct bearing on the wellbeing of Nigerians,” Ologunagba said.
Furthermore, while calling for a thorough investigation into the reported killing of unarmed Nigerians by certain unscrupulous security operatives, the PDP has urged the security agencies to ensure high level of professionalism in their duty of providing security and protection to the citizens.
The PDP again called on Nigerians to remain peaceful and law-abiding in the pursuit of responsive and people-oriented government which has eluded the nation since the coming of the All Progressives Congress (APC) in 2015.
