PDP rejects N123.50k price, insists on N90 per litre

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PDP rejects N123.50k price, insists on N90 per litre
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The Peoples Democratic Party (PDP) has rejected the new price of N123.50k price per litre as announced by the federal government.

The Peoples Democratic Party has rejected the new price of N123.50k price per litre as announced by the federal government.

The PDP insisted that given the slump in the price of fuel and crude oil in the international market, the correct pump price of fuel is between N80 to N90 per litre. The PDP challenged the administration to explain how it arrived at the N123.5 pump price, instead of the appropriate price of N90, in view of the fall in international price.

“Our party maintains that since Nigerians earlier had to bear the brunt of high cost of fuel in the face of high oil prices in the international market, it is only fair that they also enjoy the benefits of the cut in international prices; an advantage the APC had continued to deny them.

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