The Labour Party (LP) has raised concerns about the recent adjustment in the petroleum pump price, stating that it is merely the beginning of challenging times ahead for Nigerians under the All Progressives Congress (APC) led administration.
Obiora Ifoh, the party’s spokesperson, emphasized that the LP had previously cautioned about the potential consequences of a bourgeoisie government, which tends to favor the wealthy elite while burdening the common people with poverty.
Ifoh criticized the government’s approach of providing meager financial assistance, such as a paltry N8000 to a family of five, while implementing unfavorable policies that drain the hard-earned resources of the citizens. He expressed the view that Nigerians deserve better treatment from their government.
Moreover, Ifoh condemned the government’s attitude toward its people, particularly in the context of the continuous devaluation of the Nigerian currency during its tenure.
Despite the challenges faced, Ifoh expressed hope that Nigeria would overcome these difficulties and eventually witness better times ahead.
The reaction from the Labour Party came in response to the recent increase in the pump price of Premium Motor Spirit (petrol) at some Nigerian National Petroleum Corporation Limited (NNPCL) stations. The price rose from N537/liter to N617/liter in Abuja and N620 in Kano.
It’s worth noting that this increase occurred less than two months after President Bola Tinubu announced the discontinuation of petrol subsidies, leading to a significant upward review of the commodity’s price from N198/liter to over N500/liter.