Nigeria’s President Muhammadu Buhari has been lambasted over his administration’s decision to increase petrol price.
A former Governor of Ekiti State, Ayodele Fayose, and Shehu Sani, who is also a former Kaduna Central Senator have berated President Muhammadu Buhari’s government for increasing petrol price to N151.56 per litre.
Recall that we reported that the Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation, NNPC on Wednesday announced the increment.
The new price takes effect from September 2, 2020.
Reacting in a tweet via his official Twitter account on Wednesday, Fayose lamented that the increment was an added burden on Nigerians amid the COVID-19 pandemic.
“Petrol is now N151.56. The increment was made when other countries are adopting measures to reduce the effects of COVID-19 lockdown on their citizens.
“Just in case those who led the Save Nigeria protests across Nigeria during the PDP govt of Jonathan are not aware. I warned.”
On his part, Sani wrote: “What’s going up; Foreign loans, Electricity tariff, Fuel pump price, Cost of Data, Cost of Rice, VATs, Tuition fees, Cost of living; What’s going down; Value of the Naira, Foreign reserve.”
Add 0802 030 1137 to receive SKYTREND NEWS alerts on whatsApp;
For adverts enquiries, call or whatsapp 0808 360 9209,
Send Articles & News Stories To editor@skytrendnews.com.
READ ALSO! Skytrend Consulting: Financial services and accounting solutions company
READ ALSO! Why The North Remains Headquarters Of Poverty In Nigeria — Kingsley Moghalu
READ ALSO! For failing to give out ‘adequate loans’, 12 banks fined N499bn
READ ALSO! Nigerian Central Bank Approves Disbursement Of Loans For Creative Industries At 9%
READ ALSO! How To Empower Yourself And Generate Income From Mutual Funds
READ ALSO! Is N-Power Truly Empowering Nigerian Youths?
READ ALSO! TraderMoni: Poverty Alleviation Or Political Leverage?