Latest
Afenifere, Arewa, others urge FG to reverse fuel price hike
Leading socio-cultural organizations, including Ohanaeze Ndigbo, Afenifere, and Arewa Youths, have issued stern warnings to the Nigerian government over the recent hike in Premium Motor Spirit (PMS) pump prices, urging an immediate return to the previous rates.
The groups expressed concerns about the severe consequences of the price increase, which has seen fuel prices jump from around N600 to over N855 per liter, with some states witnessing prices as high as N1,400.
The Nigerian National Petroleum Company Limited (NNPCL) attributed the hike to market forces, but the decision has exacerbated inflation and worsened the nation’s economy.
Citizens are grappling with skyrocketing prices of goods and services, while transportation costs have surged, leaving many civil servants stranded.
Ohanaeze Ndigbo’s factional Secretary General, Mazi Okechukwu Isiguzoro, emphasized that the government must reverse the fuel price hike to avoid grave repercussions.
READ ALSO: Fuel price hike: Petroleum worker decries low salaries, others
He called for accountability within the NNPCL and warned that failure to act could lead to civil unrest and widespread protests.
Afenifere’s spokesperson, Jare Ajayi, echoed similar sentiments, stating that the fuel price increase would undermine the positive impact of other government policies, such as the Students Loan Scheme and Consumer Credit Scheme.
He urged the government to instruct the NNPCL to revert to the old prices to alleviate the hardship faced by Nigerians.
The Arewa Youth Consultative Forum (AYCF) also criticized the government for poor communication regarding the fuel price hike.
AYCF President General Yerima Shettima called on President Bola Tinubu to address the nation and clarify the situation, stressing the need for transparency and better communication from the presidency.
The organizations collectively stressed the urgency of the situation, warning that if the government fails to act, the repercussions could be difficult to manage.
-
Featured4 days agoBREAKING NEWS: Shouts of joy rock the world as Pastor Chris opens final Healing Streams edition for 2026
-
Football4 days agoMan United shortlist Emery, Nagelsmann as potential replacements for Carrick
-
Business4 days agoHoodlums raid JED Benue office, abduct 10 staff over power dispute
-
Football4 days agoAston Villa ready to freeze out Garnacho to avoid £43m Chelsea transfer
-
Business1 week agoNaira faces exchange rate gap as Dollar hits N1,380 on parallel market
-
Latest4 days agoAkpabio tasks Tompolo-backed movement with spreading Tinubu’s renewed hope message
-
Business4 days agoEV adoption: Roxettes seeks cheaper financing, local manufacturing incentives
-
Business3 days agoHow Ethiopian Airlines is challenging Africa’s aviation narrative through self-reliance