The recent surge in the price of fuel across the country will worsen the country’s cost of living crisis as households struggle to keep up with the rising cost of goods and services.
Over the past year, Nigerians have been struggling to afford basic needs and desperately seeking financial support as inflation erodes household incomes.
Residents of Ondo have continued to lament over the new pump price of the Premium Motor Spirit (PMS), otherwise known as “petrol,” by President Bola Tinubu-led federal government.
On Tuesday, the Nigerian National Petroleum Company Limited (NNPCL) jerked up the pump prices of petrol to N617 per litre from N500 per litre.
The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has attributed the increase in petrol pump price from N540 to N617 per litre to market forces.
Adamu Salihu, a Kano resident who said he and his family members voted for President Bola Tinubu in the last election, has lamented the hike in the pump price of fuel.
Reacting, Salihu, who said he hails from Bichi LGA in the State, said he might be forced to take to crime.
He said, “Honestly this new price has hit us very hard. This is not what we voted for. My children and I voted the current government in power. What we are being served is contrary to what we asked for.
