The Nigerian Lawmaker has expressed its’ shock and disbelief at the decision of the federal government to increase in fuel price.
Speaking via a press Statement the Minority Leader of the House of Representatives, Rep. Ndudi Elumelu, rejected the increase in pump price of fuel from N148 to N151. 56 announced by the Petroleum Product Marketing Company (PPMC) on Wednesday, demanding a stay of implementation.
The Lawmakers described the announced increase as “unacceptable as it will result in an increase in the already high cost of consumer goods and services, and worsen the current economic hardship being suffered by Nigerians”.
The Caucus challenged the All Progressives Congress (APC)-led government, “to rather come up with strategies that will lead to decrease rather than increase in the cost of domestic fuel, including revamping our nation’s refineries, instead of always resorting to price increase, to the detriment of Nigerians”.