Home Business Politics Atiku’ll reduce petrol price to N87 per litre – PDP

Atiku’ll reduce petrol price to N87 per litre – PDP

0
1

Atiku will reduce fuel price-PDP

…Accuses Buhari, APC of fleecing Nigerians









…Cautions Tinubu over comments on Atiku

By Dirisu Yakubu

ABUJA- The Peoples Democratic Party, PDP, has pledged the readiness of its Presidential candidate in the 2019 general elections, Atiku Abubakar, to work out a pricing template that will immediately crash the pump price of fuel in the country, upon his election, saying the President Muhammadu Buhari-led All Progressives Congress (APC) administration has failed in this regard since it came on board in 2015.

Atiku
Former Nigerian vice-President Atiku Abubakar raises his hands after winning the presidential ticket of the opposition People’s Democratic Party (PDP) during the party’s national convention in Port Harcourt, Rivers State on October 7, 2018.
Nigeria’s main opposition Peoples Democratic Party (PDP) has picked Abubakar to challenge President Muhammadu Buhari who is seeking a second term in presidential polls scheduled for February 2019. / AFP PHOTO /

Buhari Group expels members for fraternising with Atiku Abubakar

This is just as the party condemned increase in the official prices of diesel and kerosene, stating that such will bring more economic pressure on the already impoverished nation, as most businesses and homes across the country heavily depend on these products for sustenance.

The party in a statement yesterday by its spokesman, Kola Ologbondiyan revealed that it has been in high level talks with top international players in the oil and gas industry, adding that its engagements has 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 N87 to N90 per liter as against the N145 currently being charged.

It noted that with the current price template of crude oil in the international market, the Buhari administration has no justification to keep the pump price of fuel at N145 per liter and watch Nigerians groan under the weight of high prices.

The statement read: “The PDP notes that for every N145 paid for a liter of fuel, the Presidency cabal diverts a hidden N58 which Nigerians have continued to pay since the fuel price was increased from N87 to presumably subsidized cost of N145.

“Apart from failing to account for the over N1.4 trillion allegedly siphoned through sleazy oil subsidy deals, the Buhari-led federal government is burdened to account for the over N3.49 trillion stolen under the hidden N58 per liter of fuel on the over 50 million daily domestic consumption estimated in the last three years.

Oil price hits $82 per barrel as demand surges

Meanwhile, the PDP yesterday warned the national leader of the APC, Asiwaju Bola Ahmed Tinubu, not to draw himself out by joining in the smear campaign and unsavoury comments against Atiku Abubakar.

The party was reacting to a statement credited to the former Lagos state governor in which he was quoted to have said the PDP flag bearer could strategise in the jungle ahead of the elections but that he won’t win the election.

“Asiwaju, as an elder, should not reduce his pedigree by engaging in indecorous utterances which has become the trademark of his party.

“It is also instructive to state that a person of Asiwaju status can conduct his political activities without recourse to indecent language that is lacking in respect for a personality, such as Atiku, whom Nigerians, across board, have generally resolved to be their next President.

“For the avoidance of doubt, despite the ludicrous disposition of APC and its leaders towards the 2019 election campaign, the repositioned PDP and our presidential candidate remain committed to our promise to focus on solutions to the myriad of problems facing our people and transform their lives for the better.

“The PDP cautions Asiwaju Tinubu to redirect the discourse of his party to productive issues instead of this unbridled resort to lies, deception, beguilement, propaganda, smear campaign and uncouth language, which Nigerians now resent,” the party said in a statement.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here