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The Labour Party’s presidential candidate, Peter Obi, has taken a firm stance against President Bola Tinubu’s administration for implementing a fuel price hike while the President is on vacation in Europe.
The increase, announced on Wednesday, October 9, by the Nigerian National Petroleum Company (NNPC) Limited, occurred during Tinubu’s annual leave, sparking widespread concerns.
In a post shared on X (formerly Twitter), Obi expressed his disappointment with the government’s decision, describing it as a “draconian measure” that disregards the welfare of the people.
He emphasized the need for sound economic management and compassionate governance, arguing that the price hike adds unnecessary strain on Nigerians already living under difficult conditions.
“This is neither how an economy’s resources should be managed nor how a nation should be governed,” Obi stated.
Obi further pointed out the confusion regarding the roles of NNPCL and regulatory agencies under the supervision of the Federal Ministry of Petroleum Resources, a position held by Tinubu himself.
He noted, “To casually inflict such a draconian measure on the populace from the comfort of an annual vacation amounts to taking the people’s welfare lightly and for granted.”
Obi urged the President to act responsibly, reverse the price hike, and provide alternative solutions for the suffering Nigerian populace.
