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Fuel subsidy: Nigerians react as NNPCL increases pump price to N617
By Adeola Badru and Biodun Busari
Nigerians, on Tuesday morning, woke up to the news of an increase in the pump price of Premium Motor Spirit also called petrol from N500 to N617. Our correspondent gathered that, the Petrol which was sold between N500 and N510, was adjusted to N616 in Ibadan and environs.
Some residents in Ibadan said it would bring more hardship to the people as cost of transportation and food will be increased. While speaking with Vanguard, some of the residents described what they referred to as ‘unannounced increment,’ as a calculated attempt to reduce the purchasing powers of Nigerians and increase hunger in the land.
Some of them who were of the opinion that Nigerians well-being and standard of living are being threatened, berated government for not providing needed palliatives before removing the fuel subsidy. They, however, appealed to President Bola Tinubu to increase minimum wage, provide meaningful palliatives and fast track them to cushion the hardship Nigerians face at the moment.
Meanwhile, Nigerians have been expressing their grievances online, particularly on Twitter. @iam_doctormayor stated, “I heard that this morning at NNPC this is the latest price. Before we make a wish for a new Nigeria. Before we make a wish for rerun election. Before we make a wish for DSTV to reduce their subscription before #BBNaija will start. Let fuel price reduce first. @wakawaka_doctor wrote, “1 litre of fuel is now 617 Naira. 50 litres of fuel = application fee for university of Vienna. Choose well @FS_Yusuf_ stated, “Right now, you need almost 50K to fill up your car fuel tank.
On this mandate I stand!” @Elkrosmediahub wrote, “Proposed N8000 monthly for the ‘poor’ , increased fuel price by over N100 per litre. By the time they are done with us, we woulda realized elections have consequences.” @Morris_Monye stated, “Naira to dollar is high. Naira to pounds is high. Fuel price is high. Groceries is high. Minimum wage and your salaries LOW. Politicians salaries very high.” @V_A_D_D_I_C_T “This new fuel price will favor me and my family.”
Source : vanguard : https://www.vanguardngr.com/2023/07/fuel-subsidy-nigerians-react-as-nnpcl-increases-pump-price-to-n617/
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