Connect with us

Headlines

Widespread Anger, Condemnations As Tinubu Increases Petrol Price to N617

Published

on

There was widespread anger on Tuesday, following the hike in the pump price of Premium Motor Spirit, popularly called petrol, by the President Bola Tinubu-led administration. The Nigerian National Petroleum Company Limited (NNPCL) and other oil marketers had announced the price hike across the country.

In Abuja and Ondo State, for instance, the cost of petrol jumped from about N537/litre to between N617 and N630/litre, forcing the cost of transportation to skyrocket within hours, and leaving thousands of passengers stranded in many cities.

The Nigeria Labour Congress, Trade Union Congress and many other citizens lambasted the President Bola Tinubu-led Federal Government for being so tough on citizens by allowing the continued hike in the price of petrol.

Although the NNPCL and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, both Federal Government entities, explained that market forces caused the hike in petrol price, since the commodity had been fully deregulated, Nigerians expressed frustrations over the continued sharp increase in the cost of the product.

It was observed that petrol price was raised from N537/litre to N617/litre at some filling stations operated by the NNPCL in Abuja on Tuesday.

Independent oil marketers confirmed the increase in the cost of the commodity, as they stated that any shift in price by NNPCL stations was an indication of a rise in the pump price of PMS.

“This is because NNPCL is still the major importer of petrol into Nigeria currently, though other marketers are gradually importing the commodity. The price this (Tuesday) morning at some NNPCL stations is N617/litre,” the Secretary, Independent Petroleum Marketers Association of Nigeria, Abuja-Suleja, Mohammed Shuaibu, told The Punch.

Tinubu had during his inaugural address on May 29, announced that subsidy on petrol had ended, a development that led to the jump in the price of the commodity from N198/litre to over N500/litre on May 30, 2023.

Since the withdrawal of subsidy on petrol and the floating of the naira against the dollar, marketers had continued to explain that the cost of PMS could rise to as high as N700/litre.

Similarly, the rise in the cost of crude oil in the international market has also triggered further hike in petrol price, as crude is the product from which PMS and other refined petroleum products are produced.

In Abuja, on Tuesday morning, motorists besieged filling stations that were still dispensing at N540/litre, but as the news of the hike in price by NNPCL stations filtered in, many independent outlets shut their stations.

Others immediately commenced the adjustment of their pumps to reflect the new price.

The Nigeria Labour Congress on threatened to take “matters into its own hands” following the decision by the NNPCL to hike petrol price and the Federal Government’s plan to distribute N8,000 monthly to 12 million poor households in the country.

The NLC in a statement issued by its National President, Joe Ajaero, accused the Tinubu-led government of taking from the poor to pay the rich and unleashing suffering, hardship and sorrow upon Nigerians.

It said it had restrained itself from making further comments publicly on the vexatious issues around the recent but unfortunate unilateral hike in the price of petrol, which was in the guise of “the so-called subsidy withdrawal.”

The statement read in part, “However, the government of Nigeria seems to have been misled into believing that resorting to impunity and imperiousness in governance in a democracy is a beneficial option as it pursues its stated and unstated objectives.

“It is this belief that we are sure has continued shaping the actions of this government since its inauguration on May 29, 2023, to continue inflicting mindless and heartless pains on the populace one after the other without the decency of embracing the tenets of democracy which requires wide and deep stakeholder consultations on weighty matters of state.”

The NLC stated that Nigerians would remember that the Federal Government had called for dialogue in the aftermath of its disastrous forlorn trajectory in the astronomical increase in petroleum product price “and our subsequent call for a nationwide industrial action.”

It said, “We were also witnesses to the actions of the Federal Government in procuring an unholy injunction from the courts which were served us in Gestapo style by trucks laden with fully armed soldiers and policemen.

“In all of these provocations, we remained committed to the principles of the rule of law, good conscience and democracy so that we can continue to be the moral compass for leaders in the public space. This explained our decision to suspend action on the proposed strike.”

The labour union, however, stated that rather than reciprocate the goodwill of Nigerian workers, the Federal Government insisted on threading the path of dictatorship and seeking to impoverish the people further by taking steps that could only be described as robbing the people of Nigeria to pay and feed the rich.

They bemoaned the price hike, lamenting that the situation would further impoverish the citizens

“NNPC fuel price is now N617 /litre. I hope you are enjoying the renewed shege?” a popular tweep, Nefferetti with Twitter handle @firstladyship wrote.

@PoojaMedia wrote, “President Tinubu needs to address the nation NOW. Hunger is walking on the streets of Nigeria.”

Another user, @trending_medic, said, “Fuel at N617/litre and dollar hitting N835/$. Thank God it’s only Obidients that will suffer it.”

@OfficialUdiBoy wrote, “Fuel has gone up to N617, renewed hope has turned to renewed shege. E go touch everybody until we get the mandate back.”

On his part, @YemieFash said, “The same petrol that was N190/litre two months ago is N617/litre. Is this the renewed hope?.”

“Not up to a month and Tinubu times are this hard!! No way in hell I am buying fuel for N617. Once my phone goes off now na till NEPA bring light next,” @KhaleedSZN wrote.

@SodiqTade wrote, “Dear Tinubu Boys, A litre of fuel is now selling for N617, almost two months after the removal of subsidy by Tinubu. Do you still think the N8,000 per household will cushion the possible effects of this new price? It seems Nigerians have entered one chance with this mandate.”

@Shayor19 said, “N617/litre and we are going to just adapt and move on like nothing happened? We are gradually missing Buhari right now.”

On his part, @sirvicbrown, wrote, “When Tinubu said he was going to continue from where Buhari stopped, many of us didn’t really understand. Am sure it is clear now?”

Also contributing, @The_D1amond said, “The economy is not funny anymore… This is proof that it’s not getting better anytime soon. The government is against us, the economy is also against us. If you know what’s best for you, start investing in online skills that would help you earn in dollars.”

The Punch

Continue Reading
Advertisement


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headlines

2027: G100 Top Shots for Abuja Monday Meeting

Published

on

Key leaders of Nigeria’s opposition, including former Vice President Atiku Abubakar and former Governor of Anambra State, Peter Obi, are expected to attend the First Summit of Nigeria’s Opposition Political Parties, convened by the G100, on Monday, August 31, 2026, at the Yar’Adua Centre, Abuja.

The summit, under the theme, “A Framework for Opposition Cooperation and Coordination,” will bring together the leadership of six major opposition parties to begin structured negotiations on the terms, institutions and principles upon which they may cooperate ahead of the 2027 general election.

In a statement signed by G100 Convener, Salihu Moh. Lukman, the group said the meeting is not meant to decide presidential candidacy in one sitting, but to establish a formal architecture for transparent and collective negotiations.

“The first question before party leaders is not who leads the ticket. It is what we are, together, prepared to do for this country,” the statement said.

The summit follows the G100’s publication on 2 August 2026 of the Doctrine of a Necessary Democratic Opposition, and weeks of consultations with the African Democratic Congress (ADC), Allied Peoples Movement (APM), Nigeria Democratic Congress (NDC), Peoples Democratic Party (PDP), Peoples Redemption Party (PRP) and Social Democratic Party (SDP).

Those talks produced a shared briefing document that identified areas of convergence while acknowledging the parties’ distinct histories and interests.

“At the centre of the consultations was a common recognition of the need for a credible, organised and competitive democratic opposition, and a willingness to engage the difficult questions that meaningful cooperation ahead of 2027 will require,” Lukman stated.

Among the proposals before the summit is the creation of five specialised Working Groups.

If approved, the groups will have four weeks to develop the principal documents and agreements needed to give institutional form to opposition cooperation.

“Cooperation does not require any party to disappear into another. The first question before party leaders is not who leads the ticket. It is what we are, together, prepared to do for this country.

“The First Summit is not intended to determine, in a single sitting, questions of presidential candidacy or the final form that opposition cooperation may take. Its immediate purpose is more fundamental, to establish and authorise a formal architecture through which those questions can be negotiated collectively, transparently and in good faith.

“Each participating political party is expected to attend with a delegation of leaders and key stakeholders, drawn from its national leadership and other relevant constituencies within the party. These delegations will participate fully in the deliberations of the Summit, ensuring that the process extends beyond the principal party leaders and draws upon a broader representation of political experience, perspectives and interests.

“Among the proposals before the Summit will be the establishment of structures that will facilitate negotiations and cooperation and five specialised Working Groups. Subject to the decisions of the participating parties, these bodies will be mandated to develop, within four weeks, the principal documents and agreements required to give institutional form to opposition cooperation,” the statement added.

Each party is expected to attend with a delegation drawn from its National Working Committee (NWC) and other key constituencies.

Expected participants at the summit are national chairmen and NWC members of ADC, APM, NDC, PDP, PRP, SDP; presidential candidates and running mates of the participating parties; and G100 signatories and members of the Minority Caucus of the House of Representatives.

The G100 said it is convening the summit as a facilitator and observer, not as a substitute for the constitutional authority of the parties.

“The decisions arising from this process will remain the responsibility of the parties themselves,” the statement added.

Continue Reading

Headlines

Reps Minority Caucus Urges Tinubu to Halt Bloodshed in the North, Release El-Rufai

Published

on

The Minority Caucus of the House of Representatives has called on President Bola Ahmed Tinubu to take immediate and decisive action to end the escalating wave of terrorism and banditry across Northern Nigeria.

In a statement issued on Thursday amid growing attacks on communities, the caucus said the scale of killings, kidnappings and displacement had become intolerable, urging the President to deploy a sustained and coordinated security operation to reclaim territories controlled by terrorists and criminal gangs.

The lawmakers, in the statement signed by Hon. Fredrick Agbedi, leader minority caucus, and Hon. Afam Victor Ogene minority caucus spokesperson, cited recent attacks in several northern states, including Plateau, Niger, Sokoto, Kaduna and Katsina, where dozens of residents have reportedly been killed or abducted.

In Mangu Local Government Area of Plateau State, the caucus said more than 20 people were killed in recent attacks, including at least 23 victims in one incident. In Niger State, armed men reportedly attacked communities in Borgu Local Government Area and abducted more than 60 worshippers during Friday prayers.

The caucus also cited the killing of at least 40 people in Ungushi community, Kebbe Local Government Area of Sokoto State, including the Chief Imam, Imam Aliyu, as well as the death of at least 30 people in an attack on Naridon village in Kaura Local Government Area of Kaduna State.

According to the lawmakers, continued bandit attacks and reprisals in Katsina State have further deepened fear among residents.

The situation in Borno State was also highlighted, with the caucus expressing concern over schoolchildren who have remained missing months after their abduction.

“This is no longer a situation that can be addressed principally through statements of condemnation after every attack,” the caucus said, insisting that Nigeria needs an “intelligence-led” and sustained security response.

The lawmakers urged Tinubu to replicate on a larger scale the strategy that led to the rescue of schoolchildren and teachers abducted in Oriire Local Government Area of Oyo State.

They called for affected areas to be placed under intensive security operations, with security forces directed to dominate the territory and conduct sustained operations against terrorist and bandit hideouts, forests and criminal enclaves.

The caucus stressed that such measures should target the operational space of criminal groups rather than innocent civilians.

“We are calling on the President to lock down the affected theatres of operation, dominate the territory and sweep the forests, hideouts and criminal enclaves where terrorists and bandits operate. Such an operation must be intelligence-led, professionally executed and sustained until the criminal elements are neutralised and the abducted citizens rescued.

“We are not asking the President to lock down innocent Nigerians. We are asking the Commander-in-Chief to lock down the operational space of terrorists and bandits, deny them freedom of movement, cut off their supply lines and communications and deploy overwhelming force against those who have turned parts of the North into killing fields and centres of mass abduction,” the lawmakers said.

They also urged the President to visit Zamfara State and travel to Illela to engage directly with communities affected by insecurity, arguing that Nigerians need to see their President physically present in areas suffering from attacks and abductions.

The Minority Caucus further called for extraordinary funding for the security campaign, proposing that the Federal Government consider drawing $5 billion from the nation’s external reserves if necessary.

“If funding is an issue, the government should draw $5 billion from the nation’s external reserves for an extraordinary national security intervention. The primary purpose of government is the welfare and security of the people and no expenditure can be more fundamental than protecting the lives and livelihoods of Nigerian citizens,” the caucus said.

The lawmakers welcomed the recent increase in the salaries of members of the Armed Forces, describing it as an important step towards improving the welfare and morale of soldiers. However, they urged the President to immediately forward the necessary amendment to the 2026 Appropriation Act and a Supplementary Appropriation Bill to the National Assembly.

They said the National Assembly should be prepared to reconvene, if necessary, to ensure that the salary increase is implemented without bureaucratic delays.

The statement also addressed the detention of former Kaduna State Governor, Nasir El-Rufai, which it said  “has increasingly assumed the character of a political persecution.”

The caucus demanded his immediate release, arguing “our concern is not merely about one individual. It is about the credibility and consistency of the Federal Government’s anti-corruption campaign. The composition of the APC Presidential Campaign Council and the prominent roles occupied within that political structure by individuals who have themselves been the subject of serious corruption allegations and public controversy, has made a mockery of the government’s claim to be pursuing a principled and even-handed war against corruption.

“It is difficult for the government to demand public confidence in its anti-corruption campaign when the political architecture through which the President seeks the mandate of Nigerians included individuals whose records and allegations have raised serious questions about the integrity of that campaign.”

The Minority Caucus said Nigerians needed action rather than condolences and called on President Tinubu to use his constitutional authority and the country’s security resources to protect citizens.

“The bloodshed in Northern Nigeria must stop. The abducted must be rescued. The terrorists and bandits must be defeated,” the caucus said.

Continue Reading

Headlines

Atiku Dares Tinubu over $16bn Power Sector Fund Probe

Published

on

Former Vice President Atiku Abubakar has dared the President Bola Tinubu administration to investigate him (Atiku) over allegations of wrongdoing in the $16 billion power sector fund, saying recycled accusations should not be used to avoid accountability for subsidy savings.

Reacting on Wednesday through his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku described the sudden revival of old allegations on power, privatisation and public assets as a ploy to divert attention from pressing questions about the management of public resources.

“The National Assembly investigated the power projects. I was never invited to answer any allegation of wrongdoing,” Atiku said.

“Yes, I chaired the National Council on Privatisation as Vice President. But on the power project, I disagreed with its concept and did not preside over its implementation. The responsible minister did. The same applies to the Aluminium Smelter matter.”

The presidential candidate of the African Democratic Congress (ADC) said he had consistently called for investigation into any claim against him since leaving office in 2007.

“I have repeatedly asked to be investigated. I left office in 2007 and have spent much of the period since then opposing governments in power. If there is evidence that I stole public money, why has no government produced it before a court?

“It is still not too late. Investigate me. Invite me. Produce the evidence. Prosecute me if you have a case. But propaganda cannot substitute for evidence,” he said.

Atiku argued that the attacks intensified because he has been demanding transparency on the funds saved from fuel subsidy removal.

“They removed subsidy from the poor and promised that the sacrifice would free resources for development. Nigerians accepted extraordinary pain on that promise.

“Today, petrol is more expensive, transportation is more expensive, food is more expensive and the purchasing power of the Nigerian worker has been devastated.

“Meanwhile, government revenues have increased, while fiscal incentives, waivers, tax credits and concessions continue to be available to powerful economic interests.

“So our question remains brutally simple: Where is the people’s money?” he asked.

According to him, government cannot withdraw relief from ordinary Nigerians while granting concessions to the wealthy and then claim that intervention for the poor is “economically irresponsible.”

“You cannot take relief away from the poor, celebrate the resulting revenue and then tell the same impoverished citizens that government intervention on their behalf is economically irresponsible while interventions benefiting powerful interests are called incentives. That hypocrisy is precisely what we are challenging,” Atiku stated.

He said no amount of “sponsored social-media mudslinging” would silence him from demanding accountability.

“The people who removed subsidy from the poor cannot frighten us into silence by resurrecting allegations that governments with all the investigative machinery of the Nigerian state have had nearly two decades to establish.

“If you have evidence against Atiku, bring it. If you have a case, prosecute it.

“But if you have neither, stop manufacturing distractions and answer Nigerians: You removed the subsidy. You collected the savings. Where is the money?”

Continue Reading