Opposition Lawmakers Condemn Fuel Price Hike, Demand Immediate Reversal
The Minority Caucus in the House of Representatives has condemned the recent increase in the price of petrol by the Nigerian National Petroleum Corporation Ltd, (NNPCL).
The opposition lawmakers said the development was not only ill-timed but also grossly insensitive to the harsh economic conditions currently being experienced by Nigerians across the country.
The caucus in statement signed by its chairman and House Minority Leader, Hon. Kingsley Chinda (PDP, Rivers), called for the immediate reversal of the new fuel price regime.
Chinda said, at a time when the nation was grappling with unprecedented economic challenges, including rising inflation, unemployment, and the depreciating value of the Naira, any further increase in the price of petrol will only exacerbate the suffering of the average Nigerian.
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