President Bola Tinubu’s recent statement advising Nigerians to buy petrol at N1,000 per litre or Compressed Natural Gas (CNG) at N200 per meter has been described as reckless and highly insensitive
Tinubu’s comments came after fuel prices skyrocketed to N1,300 per litre at some locations in Abuja and parts of the country, a staggering increase from the N195 per litre when he took office less than 18 months ago.
General Secretary, Coalition of United Political Parties (CUPP), Chief Peter Ameh, said, in a statement, “The fuel subsidy removal, implemented by Tinubu’s administration has led to a surge in transportation costs, with prices increasing by over 300 per cent.
“This has had a ripple effect on the economy, with inflation rising to alarming levels. I will continue to argue that due to the failure of the government to provide a proper policy framework before implementing the subsidy removal, leaving citizens to bear the brunt of the decision.”
Ameh said the removal of fuel subsidy had worsened poverty levels, with the number of malnourished Nigerians increasing.
The surge in fuel prices had led to increased transportation costs, affecting the livelihoods of many Nigerians, he added.
He said the government’s handling of the fuel subsidy removal had been criticised for lacking transparency and accountability.
Ameh stated, “Instead of providing tangible solutions to alleviate the suffering of Nigerians, this administration has resorted to insensitive statements. The recent launch of CNG at N230 per litre, while I see it a welcome move, does little to address the underlying issues caused by the fuel subsidy removal.
“The consequences of the fuel subsidy removal are dire, with increased poverty, economic hardship, and lack of transparency. To move forward, Tinubu’s government must learn how to prioritise the welfare of our citizens and develop policies that promote economic stability and growth in place of inconsistent and insensitive government statements.
“This includes providing a proper policy framework that will ensure a robust implementation, investing in alternative energy sources, and addressing corruption surrounding the fuel subsidy.
“Fundamentally, Nigerians deserve better than insensitive statements and impulsive policy decisions.
“Tinubu’s government must demonstrate its commitment to improving the lives of Nigerians through effective governance and policy decisions.”
Chuks Okocha
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