The minority caucus of the House of Representatives has demanded the immediate reversal of the increase in fuel prices across the country.
Led by Mr Kingsley Chinda, the lawmakers, in a statement on Thursday in Abuja, noted that the increase is not only ill-timed but also grossly insensitive to the harsh economic conditions currently being experienced by Nigerians.
The caucus remarked that the ripple effects of such an increase are far-reaching, impacting the cost of transportation, food, and other essential goods and services, which will ultimately erode the already fragile purchasing power of millions of citizens, pushing more families into poverty.
The caucus particularly expressed concern that the decision by the NNPC appears to have been made without adequate consultation with relevant stakeholders, including the National Assembly, which represents the interests of the people.
“This unilateral action disregards the…
Source: Guardian Newspaper
