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Tinubu and Atiku |
Atiku Abubakar, former Vice President and 2023 presidential candidate of the Peoples Democratic Party (PDP), has criticized President Bola Tinubu for his perceived indifference to the economic hardships caused by his policies, particularly the removal of the petrol subsidy.
In a recent post on X, Atiku referred to Tinubu as "T-Pain," highlighting the distress faced by Nigerians amid rising inflation and living costs.
He condemned the administration's "haphazard and disingenuous approach" to fuel subsidy management, asserting that it has exacerbated the current economic crisis.
“The haphazard and disingenuous approach of the current administration to fuel subsidy management has been the reason we are in this current economic crisis in the country, Atiku wrote.
He continued:“As things stand, there will be no let up in the escalating inflation rate, which is drowning the material well-being of Nigerians. It is even more worrying that T-pain is undisturbed by the hardship in the country.”
Nigerians woke up to another shocker on Wednesday morning, October 9, 2024, when the Nigerian National Petroleum Company Limited (NNPCL) retail outlets adjusted the pump price of petrol in Lagos and the Federal Capital Territory (FCT), Abuja.
In Lagos, many NNPCL outlets, it was observed, sold a litre of the essential commodity for ₦998, about ₦150 higher than the initial price of ₦855. The sudden increase set motorists and transporters in panic-buying mode as snake-like queues have besieged filling stations.
Many filling stations not owned by the NNPCL immediately followed suit as they also incrementally adjusted their pump prices, with many selling as high as ₦1050 in many parts of Lagos.
In Abuja, the situation was not anyway different as NNPCL retail outlets hiked the price of the essential commodity from ₦897 to ₦1,030.
The fresh increase followed the September 2, 2024 increase by the NNPCL. The retail company had hiked the price per litre of petrol from ₦568 to ₦855, sparking outrage.
Though there has not been any official statement from the NNPCL on the latest increase in petrol prices, the NNPCL hinted at a fresh price increase when it began loading its first batch of petrol from the Dangote Refinery in mid-September.
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