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Peter Obi, Kwankwaso hold Town Hall in Port Harcourt, promise to rebuild Nigeria

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DAILY BLAST
You are at:Home»Breaking News»Fuel hike: Atiku hits Tinubu over hardship
Breaking News

Fuel hike: Atiku hits Tinubu over hardship

DailyblastBy DailyblastOctober 11, 202402 Mins Read
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Former Vice President Atiku Abubakar has slammed President Bola Tinubu for being undisturbed by the hardship his policies including the removal of petrol subsidy has inflicted upon Nigerians.

In an X post on Thursday, Atiku, the 2023 presidential candidate of the Peoples Democratic Party (PDP), labelled Tinubu as โ€œT-Painโ€ for drowning the well-being of Nigerians.

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โ€œThe haphazard and disingenuous approach of the current administration to fuel subsidy management has been the reason we are in this current economic crisis in the country.

โ€œAs things stand, there will be no let up in the escalating inflation rate, which is drowning the material well-being of Nigerians. It is even more worrying that T-pain is undisturbed by the hardship in the country,โ€ Atiku wrote.

Nigerians woke up to another shocker on Wednesday morning when the Nigerian National Petroleum Company Limited (NNPCL) retail outlets adjusted the pump price of petrol in Lagos and the Federal Capital Territory (FCT), Abuja.

In Lagos, our correspondent observed that many NNPCL outlets sold a litre of the essential commodity for โ‚ฆ998, about โ‚ฆ150 higher than the initial price of โ‚ฆ855. The sudden increase set motorists and transporters in panic-buying mode as snake-like queues have besieged filling stations.

Many filling stations not owned by the NNPCL immediately followed suit as they also incrementally adjusted their pump prices, with many selling as high as โ‚ฆ1050 in many parts of Lagos.

In Abuja, the situation was not anyway different as NNPCL retail outlets hiked the price of the essential commodity from โ‚ฆ897 to โ‚ฆ1,030.

The fresh increase followed the September 2, 2024 increase by the NNPCL. The retail company had hiked the price per litre of petrol from โ‚ฆ568 to โ‚ฆ855, sparking outrage.

Though there has not been any official statement from the NNPCL on the latest increase in petrol prices, the NNPCL hinted at a fresh price increase when it began loading its first batch of petrol from the Dangote Refinery in mid-September.

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Peter Obi, Kwankwaso hold Town Hall in Port Harcourt, promise to rebuild Nigeria

๐Œ๐š๐ข๐๐ž๐ง ๐‚๐จ๐ง๐ฏ๐จ๐œ๐š๐ญ๐ข๐จ๐ง: ๐”๐€๐„๐’ ๐”๐ฆ๐ฎ๐š๐ ๐ฐ๐จ ๐ฎ๐ง๐ฏ๐ž๐ข๐ฅ๐ฌ ๐ฆ๐ข๐ฅ๐ž๐ฌ๐ญ๐จ๐ง๐ž๐ฌ, ๐ฌ๐ž๐ญ ๐ญ๐จ ๐ ๐ซ๐š๐๐ฎ๐š๐ญe 505 ๐ฉ๐ข๐จ๐ง๐ž๐ž๐ซ ๐ฌ๐ญ๐ฎ๐๐ž๐ง๐ญ๐ฌ ๐จ๐ง ๐’๐š๐ญ๐ฎ๐ซ๐๐š๐ฒ, ๐’๐ž๐ฉ๐ญ๐ž๐ฆ๐›๐ž๐ซ 5

2027: Uyo LP NASS candidate; Ikakke Bassey pledges inclusive representation

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