Abuja – The Peoples Democratic Party (PDP) disclosed on Thursday that its presidential candidate, Atiku Abubakar, would reduce fuel price if elected the president in 2019.
The party revealed how President Muhammadu Buhari-led All Progressives Congress (APC) government had been allegedly looting the nation under the prevailing fuel pump price.
The party said for every N145 paid per litre of fuel, the cabal in the presidency diverts a hidden N58 which Nigerians have continued to pay since the fuel price was increased from N87 per litre to a presumably subsidized cost of N145 per litre.
The PDP said: “Apart from failing to account for the over N1.4 trillion allegedly siphoned through sleazy oil subsidy deals, the Buhari-led Federal Government is burdened to account for the over N3.49 trillion stolen under the hidden N58 per litre of fuel on over 50 million daily domestic consumption estimated in the last three years.
The party disclosed that with the current price template of crude oil in the international market, the Buhari administration had no justification to keep the pump price of fuel at N145 per litre and watch Nigerians groan under the weight of high prices, while a cabal at the presidency loot the funds meant to subsidize the product.
“Atiku has worked out a pricing template that will immediately crash the pump price of fuel in the country, since the President Muhammadu Buhari-led All Progressives Congress (APC) administration, in its insensitivity, has failed to do the needful in the last three years,” the PDP promised.
The party revealed that it had been in high level talks with top international players in the oil and gas industry, adding that its engagements had shown that the appropriate pump price of fuel in the Nigerian market, under the current subsidy regimes of the Buhari Presidency, should be within the borders of N87 to N90 per litre as against the N145 currently being charged.
The PDP, in a statement by its Spokesman, Kola Ologbondiyan, noted that had the Buhari administration heeded wise counsel to be transparent in its dealings in governance and to engage more experienced hands on petroleum issues, the nation would not have been in the dire straits it faces today.
The party, however, urged Nigerians not to despair as its presidential candidate, Atiku, had already worked out a blueprint that would end sleazes, ensure appropriate pricing template, and free resources to guarantee availability of product on a national pricing regime.
This is just as the PDP completely rejected the Buhari-led Federal Government’s increase of the official prices of diesel and kerosene, stating that such would bring more economic pressure on the already impoverished nation as most businesses and homes across the country heavily depended on these products for sustenance.
Meanwhile, the party has sternly cautioned the National Leader of the APC, Asiwaju Bola Ahmed Tinubu, against joining the anti-Atiku smear campaign.
The party said: “Asiwaju, as an elder, should not reduce his pedigree by engaging in indecorous utterances which has become the trademark of his dysfunctional party.
“It is also instructive to state that a person of Asiwaju status can conduct his political activities without recourse to indecent language that is lacking in respect for a personality, such as Atiku, whom Nigerians, across board, have generally resolved to be their next president.
“For the avoidance of doubt, despite the ludicrous disposition of APC and its leaders towards the 2019 election campaign, the repositioned PDP and our presidential candidate remain committed to our promise to focus on solutions to the myriad of problems facing our people and transform their lives for the better.”
The party, therefore, advised Tinubu to redirect the discourse of his party to productive issues instead of the unbridled resort to lies, deception, beguilement, propaganda, smear campaign, and uncouth language, which Nigerians now resent.
The post 2019: Atiku Will Reduce Fuel Price If Elected — PDP appeared first on Independent Newspapers Nigeria.
Source: Daily Independent
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2019: Atiku Will Reduce Fuel Price If Elected — PDP
Description : Abuja – The Peoples Democratic Party (PDP) disclosed on Thursday that its presidential candidate, Atiku Abubakar, would reduce fuel price ...
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