The Opposition Peoples Democratic Party (PDP) has again called on the Federal Government to review the fuel pump price rate to N70 per litre to reflect global oil price reality. According to the party, any rate higher than this would amount to shortchanging Nigerians and urged that national assembly to compel the FG to account for the overcharges on its current pump price rate. “The party insists that a N121 per litre price amounts to fleecing Nigerians of over N50 per litre of fuel. “PDP insists that the APC and its government have no justifiable reason to retain the pump price of fuel at over N70 per litre. It again challenged the APC administration to disprove Nigerians by immediately publishing the prevailing landing cost, depot cost, trucking cost as well as the retail outlet admin cost and show why the pump price should be above N70 per litre.”NIGERIAN TRIBUNE

Source: Nigerian Tribune June 02, 2020 16:58 UTC