The Peoples
Democratic Party (PDP), on Sunday, charged President Muhammadu Buhari to reduce
the pump price of fuel from a cosmetic N125 per litre to an appropriate price
that should not exceed N90 per litre.
It also insisted
that given the fall of the price of crude in the international market to below
$30 per barrel, the appropriate domestic price for fuel should be between N80
to N90 per liter.
The opposition party
said the proposed pump price should be a cost template to ease the economic
burden on Nigerians and further serve as a palliative for the impact of the
COVID-19 pandemic.
PDP, therefore,
cautioned the APC National leader, Asiwaju Bola Tinubu and others to stop
pushing alleged pecuniary interest.
The party’s
spokesman, Kola Ologbondiyan said this in a statement in Abuja.
In his words, “The
PDP said the CBN should be circumspect over the attempt by APC leader, Asiwaju
Bola Tinubu, to hide under social palliatives for the COVID-19 impact, already
advocated by the PDP and other well-meaning Nigerians, to covertly sell a
parochial pecuniary agenda of APC leaders and the cabal.
“The PDP alerts that
Senator Tinubu’s sudden and unsolicited interest in palliative funds, without
proffering instruments that will guarantee direct disbursement to the poor
masses and check diversions, raises serious issues of ostensible attempt to
prey on our national economy at this critical time.
“It indeed speaks
volumes that while the PDP and other patriotic Nigerians and organizations have
been rallying for solution, the APC has not made any meaningful suggestion for
a solution.
“Rather, its leaders
are busy seeking to use the unfortunate situation to further plunder our
national economy”.
The PDP also emphasised
that its party maintained that any further delay in the reduction of fuel price
amounts to fleecing of Nigerians at a time government should rather concentrate
on efforts that will immediately ease burdens and enable the citizens battle
health and economic concerns worsened by the coronavirus disease.
Further, the party
urged agencies of government, particularly the Central Bank of Nigeria (CBN),
to be wary of attempts by some All Progressives Congress (APC) leaders to
hijack fiscal procedures and push hazy financial theories that will end up
diverting public resources into their hands, away from the poor Nigerians in
the informal sector who are in dire need of social remedies due to the impact
of the COVID-19 pandemic.
Part of the
statement reads, “The PDP therefore urged the CBN to hedge its system from APC
leaders and immediately develop strategies that will enable it to directly
reach the poor masses in the informal sector for disbursement of fiscal
palliative to cushion the effect of the COVID-19.
“The CBN should
explore ways of routing the intervention to the people using their Bank
Verification Number (BVN) data in various banks in addition to other social
welfare programmes that would directly reach the unemployed and the elderly.
“The PDP further
urged the Federal Government to immediately develop an emergency subsidy
instrument that will lead to drastic cut in the cost of food and other
essential household commodities that had sharply risen due to the COVID-19
pandemic
“In addition to our
earlier demand for a review of all tax regimes, particularly the Value Added
Tax (VAT), the PDP also asks the Federal Government not only to suspend all
Personal Income Taxes but also refund such taxes collected in the last two
months as further palliatives to citizens.
“Furthermore, our
party urges Asiwaju Tinubu to join in impressing it on President Buhari to
order the recovery of the over N14 trillion stolen by APC leaders, including
the N9 trillion stolen oil money detailed in the leaked NNPC memo and channel
same as palliatives to Nigerians at this critical time.
“Asiwaju should also
appeal to President Buhari to cut down on the huge cost of governance and
expensive lifestyles of his administration and restructure such funds to
improve the lives of ordinary Nigerians”.
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