Reacting to the recent increase in the price of Premium Motor Spirit, petrol price to N162 per litre, former vice president, Alhaji Atiku Abubakar has queried federal government on the rationale behind the hike.
Mr Abubakar who also was Peoples Democratic Party’s Presidential candidate for 2019 general election express his doubt in a tweet on Tuesday.
Describing himself as a businessman, Mr Abubabar tweeted “the price of crude is down from where it was in 2019. Then, he questions why there should be increase in the cost of petrol price.
He further compares Nigeria’s economy with that of the United States and European countries. His tweet read: “In the US and Europe, fuel prices are far lower than they were in 2019.”
Also, the former vice president ridiculed the government’s deregulation in the oil and gas sector. “If we truly deregulated, shouldn’t fuel price have dropped?”, he concluded.
See his tweet:
Recall, Nigerians asked Atiku to lead a physical protest against the recent increase in electricity tariffs.
However, he resorted to tweeting saying “I reject the increased electricity tariffs. Coming out of the lockdown, Nigerians need a stimulus, not an impetuous disregard for the challenges they face. Many Nigerians have not earned an income for months, due to no fault of theirs. This increase is ill-timed and ill-advised.”