{"id":74592,"date":"2020-07-03T05:18:39","date_gmt":"2020-07-03T04:18:39","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=74592"},"modified":"2020-07-03T05:18:40","modified_gmt":"2020-07-03T04:18:40","slug":"pdp-rejects-n143-80k-new-fuel-price","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/pdp-rejects-n143-80k-new-fuel-price\/","title":{"rendered":"PDP Rejects N143.80k New Fuel Price"},"content":{"rendered":"<p>..Says APC Lacks Human Sympathy<\/p>\n<p>The Peoples Democratic Party (PDP) has rejected the announced increase<br \/>\nin fuel price from N123 to N143.80 per liter by the All Progressives<br \/>\nCongress (APC) administration, describing it as a punishment to<br \/>\nNigerians given the prevailing economic hardship foisted on the country<br \/>\nby the administration.<\/p>\n<p>According to a statement signed by Kola Ologbondiyan, &#8220;The party<br \/>\ndescribed the hike, despite the declining price of crude oil in the<br \/>\ninternational market, as grossly unjustifiable and further exposes the<br \/>\ninsincerity of the APC and its administration.<\/p>\n<p>&#8220;The PDP notes that in directing a fuel price increase at the time<br \/>\nNigerians are facing the economic and social trauma of the COVID-19<br \/>\npandemic, the President Muhammadu Buhari-led APC administration shows a<br \/>\ntotal lack of human feelings to the plights of our citizens.<\/p>\n<p>&#8220;Our party challenges the APC-led Federal Government to present to<br \/>\nNigerians, the indices and parameters it used to determine the price<br \/>\nincrease, which obviously cannot be in tandem with the prevalent<br \/>\nsituation in the global industry.<\/p>\n<p>&#8220;The actions of the APC administration have continued to confirm that<br \/>\nthe party has never been pro-poor but only relishes in imposing hardship<br \/>\nand heavy taxes on already impoverished Nigerians while running an<br \/>\nover-bloated government through which resources meant for the welfare of<br \/>\nNigerians are frittered by corrupt officials and the cabal in the<br \/>\nPresidency.<\/p>\n<p>&#8220;Under the APC, Nigerians have been subjected to untold hardship, which<br \/>\nis worsened by excruciating taxes, including a 7.5 percent Value Added<br \/>\nTax (VAT) on essential commodities and services, increased electricity<br \/>\ntariff, obnoxious Stamp Duty and other levies on bank transactions.<\/p>\n<p>&#8220;It is shocking that the APC government has continued to impose<br \/>\nmore burdens that have made life unbearable to our citizens, many of<br \/>\nwhom have lost their means of livelihood due to the misrule of the APC.<\/p>\n<p>&#8220;Only yesterday, President Buhari told the world that the number of poor<br \/>\npeople will triple following the adverse impact of COVID-19 pandemic;<br \/>\nyet his administration, which has turned our nation into the poverty<br \/>\ncapital of the world, instead of seeking ways to stimulate the economy,<br \/>\nis worsening the situation with an increase in fuel price.<\/p>\n<p>&#8220;What Nigerians expect of the Buhari Presidency at this critical time is<br \/>\nto save resources by immediately cutting the size of its over-bloated<br \/>\ngovernment, recover the over N14 trillion oil money stolen under its<br \/>\nwatch and channel the funds towards the wellbeing of Nigerians.<\/p>\n<p>&#8220;Our party, therefore, charges the APC and its administration to<br \/>\nimmediately reverse the pump price of fuel to a price not exceeding N90<br \/>\nper liter, given the prevailing templates in the price of crude oil in<br \/>\nthe international market.&#8221;<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>..Says APC Lacks Human Sympathy The Peoples Democratic Party (PDP) has rejected the announced increase in fuel price from N123 to N143.80 per liter by the All Progressives Congress (APC)&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":49191,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-74592","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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