Fuel Crisis: PDP Accuses Buhari, APC Of Wrecking Nigeria’s Economy | 234Radio

Fuel Crisis: PDP Accuses Buhari, APC Of Wrecking Nigeria’s Economy

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The Peoples Democratic Party (PDP) on Sunday accused President Muhammadu Buhari and the All Progressives Congress of ruining Nigeria’s economy by failing to find a solution to the fuel crisis in the country.

“It is now clear to all that President Muhammadu Buhari-led APC Government is bent on wrecking the nation. Instead of abating, the situation is getting worse under the APC administration, which on December 6, 2017, promised to end the fuel crisis within one week,” the PDP said in a statement by its National Publicity Secretary, Kola Ologbondiyan.

This comes amid concerns that the lingering fuel crisis in the country may lead to an increase in the pump price.

Although the Minister of State for Petroleum, Mr Ibeh Kachikwu, last week denied reports that there were plans to increase the price of the product, the PDP insists that the Federal Government’s plan to address the issue “amounts to trading away the nation’s resources to the mercy and vagaries of international interests through questionable subsidy plans”.

“This same minister who denied that there are plans to increase the price of fuel is also plotting an indirect hike through a wicked price modulation plan “where NNPC will be allowed to continue to sell at N145 per liter in its few mega stations across the country while the independent marketers should be allowed to sell at whatever price is profitable to them in all their outlets,” the party alleged in its statement.

Also, the party warned that the implementation of the plan will inflict more hardship on the “already impoverished Nigerians”.
“With the poor purchasing power of the naira, also due to bad polices of the APC government, any additional anti-people policy will ultimately spell doom for our dear nation,” it said.

“Nigerians are now aware that the same government that boasts of zero tolerance for corruption has been engaged in unspeakable grafts, including unabated siphoning of our national resources through underhand subsidy deals, direct diversion of public funds in various sectors and depletion of our foreign financial instruments, and this must stop.”

Source: Channels TV

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