Peter Obi Condemns Fuel Price Hike as “Unfortunate and Insensitive”
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Labour Party presidential candidate Peter Obi has criticized the recent fuel price increase, calling it “unfortunate and insensitive.” The Nigerian National Petroleum Company Limited (NNPCL) raised the retail price of petrol to N1,030 from N897 per litre.
Obi expressed concerns about the far-reaching negative consequences for Nigeria’s economic survival and citizens’ well-being. He argued that the government should provide explanations and alternative options.
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Key Points:
- NNPCL increased fuel price without explanation
- Price hike has negative consequences for Nigeria’s economy and citizens
- Obi demands reversal of price increase
- Calls for compassionate governance
The fuel price hike has sparked reactions from various groups, including the Nigeria Labour Congress and the Independent Petroleum Marketers Association of Nigeria.
