Petrol Price Increase Start Of Hard Times For Nigerians Under APC – LP

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Nigerians do not deserve what they are getting from the ruling All Progressives Congress (APC), the Labour Party (LP) has said. This came as a reaction to the recent adjustment of the petrol pump price which the party described in a statement on Tuesday as “the beginning of the hard times Nigerians will be grappling with under the APC”.

Oil marketers had on Tuesday raised the pump price of petrol at retail outlets to N617 per litre in Abuja and N568 per litre in Lagos.

The development came just weeks after the complete deregulation of the downstream petroleum sector.

Deregulation eliminates government controls over a sector, allowing market forces to determine the prices of products.

President Bola Ahmed Tinubu had on May 29, announced that “petrol subsidy is gone”, a pronouncement which immediately led to a hike in the pump price of the product across the country.

Reacting in a statement on Tuesday, Obiora Ifoh, national publicity secretary of LP, said the adjustment of the petrol pump price is the beginning of the hard times Nigerians will be grappling with under the APC.

Read the statement: “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”.

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