The grievances of the protesters stemmed from skyrocketing fuel prices and the never-ending queues, which they argued have driven inflation and plunged millions of Nigerians into poverty. They called for full deregulation in the oil sector to ensure transparency, competition, and fairer fuel pricing. Highlighting the impact of the fuel crisis on the economy, protesters cited inflation surpassing 24% and a 200% rise in fuel prices, factors they say are deepening poverty across the country. “Today, we call for the immediate resignation of the current leadership in the country’s oil sector. “Under their watch, we have seen fuel prices skyrocket without consultation or consideration of the devastating impact on the people.

Source: Nigerian Tribune November 04, 2024 17:42 UTC