The Peoples Democratic Party has accused the All Progressives Congress-led Federal Government of punishing Nigerians with recent hikes in fuel price and electricity tariff.
PDP also rejected the new fuel price, and demanded its immediate reversal.
The party warned that the development would lead to a national crisis.
PDP made its position on the development known in a statement released on its Twitter handle @OfficialPDPNig.
The tweet reads, ”The @OfficialPDPNig vehemently rejects the fresh increase in the price of fuel to N151 per liter and electricity tariff to N66 per kwh under the @OfficialAPCNg and its government, describing such as callous, cruel and punishing.
“The party demands an immediate reversal of the prices to avert a national crisis, as the increase will result in upsurge in costs of goods and services and worsen the biting hardship being faced by Nigerians, who are already impoverished and overburdened by @OfficialAPCNg -imposed high cost of living in the last five years.
“Our party asserts that by increasing the price of fuel from the N87 per litre it sold under the PDP to an excruciating N151 while at the same time allowing the hike in electricity tariff from N30.23 per kwh to over N66, the @OfficialAPCNg has left no one in doubt that its agenda is to inflict pain and hardship on Nigerians to satisfy their selfish interests.
“The unjustifiable increase in the price of these essential supplies, coming barely a week after the @OfficialAPCNg brazenly posted a support for fuel price hike, while attempting to rationalize the excruciating hardship being suffered by Nigerians under the @MBuhari administration, has further confirmed that the @OfficialAPCNg is at the center of the harsh policies of the @MBuhari Presidency.
“It is distressing that the @OfficialAPCNg administration increased the cost of essential commodities at the time the leadership of other countries are offering palliatives to their citizens to cushion the effect of the COVID-19 pandemic. It is instructive to add that our nation is doomed under the @OfficialAPCNg watch.
“We know that the @OfficialAPCNg is an unfeeling party but it is indeed shocking that it could go to the extent of approving such a hike at this trying time, when many Nigerians are struggling to afford staple foods and other necessities of life.
“Our party challenges the @OfficialAPCNg and the @MBuhari administration to publish the parameters with which it arrived at the increase of fuel price to N151 per liter given that with the prevailing values in the international market, the appropriate price template for domestic pump price in Nigeria ought not to be above N100 per liter.
“Our party further challenges the @OfficialAPCNg-led Federal Government to publish details of its sleazy and over-bloated oil subsidy regime, including the involvement of APC interests in the claimed under-recovery for unnamed West African countries, running into trillions of naira, while Nigerians are made to bear the burden of high fuel costs.
“Moreover, the APC and its government have failed to allow an open investigation into allegations of fuel price overcharge as well as the fraudulent subsidy regime through which over N14 trillion had allegedly been frittered by unscrupulous individuals in the APC.
“Our fear is that the @OfficialAPCNg is pushing Nigerians to the wall with its obnoxious and anti-people proclivities and we caution that nobody should misinterpret the peaceful and law-abiding nature of Nigerians as a sign of weakness.
“Our party therefore restates our call on the @nassnigeria to save the nation by calling the @OfficialAPCNg and its administration to order before they plunge our nation into chaos.”