Fuel price hike unfortunate, insensitive, says Peter Obi - Tellbrief.com

Fuel price hike unfortunate, insensitive, says Peter Obi

The presidential candidate of the Labour Party in the 2023 general election, Mr Peter Obi described the recent hike in the price of petrol products as “unfortunate and insensitive”. Obi made this known in a statement he titled “Reversing the Sudden Fuel Price Increase”, on his X.

com account, on Saturday. The new price, the second increase in one month, represents a 14.

8 per cent or N133 rise. According to Obi, the increase in fuel prices has far-reaching negative consequences for the current Nigerian economic survival and well-being of Nigerians.

He stated that reversing the sudden price hike relies on the hands of the Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri and President Bola Tinubu.

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