Skyrocketing petrol prices would inflict untold hardship on Nigerians: Bashir Ahmad
Ahmad Bashir, a media aide to former President Muhammadu Buhari, says the rising costs of premium motor spirit, or petrol, would inflict untold hardship and suffering on Nigerians.
“There’s no doubt, the increase in petroleum products will bring untold hardship to the masses,” Mr Ahmad wrote on Facebook on Tuesday.
“We only pray to the Almighty God that the increase will in future be beneficial to all and Nigeria in general,” he added.
Mr Ahmad’s remarks come as petrol price hit N617 on Tuesday. It rose from N195 to N540 on May 29, when President Bola Tinubu declared an end to fuel subsidies upon his inauguration.
Mele Kyari, managing director of Nigerian National Petroleum Company Ltd. (NNPCL), said the skyrocketing price of premium motor spirit results from market realities.
Mr Tinubu had offered $10 monthly for six months to 12 million households. However, the decision has been reversed as Nigerians berated the offer as too meagre.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Anti-Corruption
Court stops Kano anti-graft commission from investigating Ganduje over ‘missing’ N100 billion LG funds
The commission said Tuesday it had begun investigating the alleged misappropriation of the funds by ex-Governor Abdullahi Ganduje’s government.
Hot news Home top
Bayern Munich disgrace Rottach-Egern, wallop club 27-0 in pre-season match
At halftime, Bayern Munich were already 18:0 up thanks to a hattrick by Serge Gnabry.
Economy
Tinubu determined to create jobs in agriculture, harness Nigerian digital talents: VP Shettima
The Nigerian vice president played host to management officials from the Nigerian Economic Summit Group on Tuesday.
NationWide
Skyrocketing petrol prices would inflict untold hardship on Nigerians: Bashir Ahmad
“There’s no doubt, the increase in petroleum products will bring untold hardship to the masses,” Mr Ahmad wrote on Facebook on Tuesday.
Economy
NNPC blames market realities for increased fuel price
Mr Kyari’s statement comes as Nigerians lament the increase in the pump price, which has affected food and transportation costs.
World
Panama’s ex-President Martinelli jailed 10 years for corruption
Mr Martinelli’s case, dubbed “new business,” began in 2017 when the office received information that the former president was implicated in financial crimes.
