PDP says N170 fuel price unbearable View comments ✓ jibson , 12:20 pm Share this article via facebook Share this article via twitter Share this article via messenger Share this article via messenger Share this article via whatsapp Share this with Share this article via email Share this article via flipboard Share this article via sms Share this article via pinterest Copy link ×Delete| Set As PPix| Edit Article| Share Kola Ologbondiyan PDP publicity secretary says N170 fuel price is unbearable. (This Day) Peoples Democratic Party (PDP) has urged President Muhammadu Buhari to reverse the increase in the pump price of fuel which increased from N159 to N170 per liter. The party in a statement issued by its National Publicity Secretary, Mr Kola Ologbondiyan, on Friday in Abuja, rejected the increase describing it as unbearable to Nigerians. Ologbondiyan said it was also unacceptable given the prevailing economic crunch already confronting Nigerians. He said that the PDP insisted that the increase in the pump price would worsen the already “suffocating economic” situation in the country. He added that such hike would be an additional log tied on the economic neck of Nigerians. br> Ologbondiyan said that the government had no justification to increase the cost of fuel to anything above N100 per liter, let alone N170. He said that there was no such justification when there were practical options to maintain affordable price given Nigeria’s production capacity and potentialities. Ologbondiyan decried the continuous increase in the pump price of fuel. He added that government had yet to come clean on the parameters being used for the hike in prices vis-a-vis Nigeria’s production, export and accruing revenue. He said that energy officials had withheld the facts regarding the status and volume of oil production, sales and accruing revenue. This according to Ologbondiyan was in addition to government’s inability to fix our refineries and end crude oil theft. He added that fraud in the management of the country’s oil resources was responsible for the high costs and hardship being suffered by millions of Nigerians who could barely afford their meals and basic necessities of life. He called on President Muhammadu Buhari to take steps in fulfilment of his campaign promise to revamp Nigeria refineries, while urging him to get more competent hands to run the oil sector. PDP says N170 fuel price unbearable » Hottest » Gists’s » Trending Cruise Published On Saturday, 14 November 2020, 12:20 pm @ @ @ Do you want to be notified of new song releases? Click to follow us on Facebook now! Add To BlogSpot Platform JOIN Our FACEBOOK GROUP Top 20 Hottest Gists Right Now!!! Eid-el-Fitr: Police promise peaceful celebrations Corps arests two for cable theft in Ogun Davido Was Added to exclusive music playlist by King Charles Things you need to know about music superstar wizkiz 10 Facts YBNL CEO, Olamide share a stunning throw back Photo with Indigenous Rapper Phyno. 2nd Richest Person In The World [jeff bezos] 2024 Hollywood actress Angelina Jolie passed away. Sad sad About Justin Bieber As He Confirmed To be Passed Away The Top 5 Richest Womans In The World 2024 The No1 Richest Woman In The World [Françoise Bettencourt Meyers] 2024 The No 10th Richest Person In The World [Steve Ballmer] 2024 The No 9th Richest Man In The World So Far [sergey brin] 2024 The No 8 Richest Person In The World So Far [Larry Page] 2024 The No 7th Richest Man In The World So Far [bill Gates] 2024 The 6th Richest be Man In The be World So Far ar [ Warren Buffett] 2024 The No 5th Richest Man In The World So Far [larry ellison] 2024 4th Richest Man In The be World 2024 3rd Richest Man In The world So far [Bernard arnualt]ADVERTISEMENT See all latest Gists Do you find THATCRUISE useful? Click here to give us five stars rating!