Politics

Atiku has plans to crash fuel price – PDP

Published

6 years ago

November 1, 2018

The Peoples Democratic Party , on Thursday , revealed that its presidential candidate , Alhaji Atiku Abubakar, has a pricing template that will crash the pump price of fuel in the country , if elected Nigeria ’ s president .
PDP made this known in a statement , signed Kola Ologbodiyan , its National Publicity Secretary and shared on its verified Twitter handle , @ OfficialPDPNig .

In the statement, President Muhammadu Buhari was accused of being insensitive to the plights of the masses , by increasing the prices of diesel and kerosene .

Meanwhile , the Nigeria National Petroleum Corporation on Wednesday dispelled the rumour of an impending review of the pump prices of petroleum products , especially Premium Motor Spirit , popularly called petrol .

Part of the PDP statement read , “ Our Presidential candidate , Atiku , has worked out a pricing template that will immediately crash the pump price of fuel in the country , since the @ MBuhari – led @ OfficialAPCNg administration , in its insensitivity , has failed to do the needful in the last three years .

“ We completely reject the @ MBuhari – led FG ’ s increase of the official prices of diesel and kerosene . Such increment will bring more economic pressure on the already impoverished nation, as most businesses and homes across the country heavily rely on these products for sustenance . ”

PDP said , it has found out that given the current subsidy arrangement , the pump price of fuel should be between , N 87 and N 99 .

“ Our party is talking with top international players in the oil and gas industry , and these engagements have shown that the appropriate pump price of fuel in the Nigerian market , under the current subsidy regimes of the Buhari Presidency , should be within the borders of N 87 to N 90 .

“ With the current price template of crude oil in the international market , the @ MBuhari administration has no justification to keep the pump price of fuel at N 145 per liter and watch Nigerians groan under the weight of high prices . ”

The party went on to reassure Nigerians that its presidential candidate was working on a blueprint that will “ end sleazes , ensure appropriate pricing template and free resources to guarantee the availability of product on a national pricing regime. ”