State governors on the platform of the ruling All Progressives Congress (APC), under the aegis of the Progressive Governors’ Forum (PGF), have condemned the price increase on premium motor spirit (PMS) by the oil marketers.
Gatekeepers News reports that while reiterating their support for the removal of subsidy on petrol, the governors noted that it was the administration of former President Muhammadu Buhari, under the National Economic Council (NEC), led by former Vice President, Yemi Osinbajo, that removed fuel subsidy.
Following President Bola Tinubu’s announcement of fuel subsidy removal on Monday during his inaugural speech, the NNPCL on Wednesday morning released a list of adjusted pump prices for its mega stations across the 36 states of the federation and the Federal Capital Territory, Abuja.
According to the released price list, the new pump price for fuel, also known as premium motor spirit (PMS), ranges from N488 in Lagos State to N557 per litre in Yobe and Borno states, while it is N537 in Abuja.
However, speaking during the governors’ courtesy visit to President Tinubu at the presidential villa, led by the Chairman of PGF and Governor of Imo State, Hope Uzodinma, the PGF described the development as “old stock” and called on Nigerians to rally behind the government’s decision to remove the subsidy.
The governors accused oil marketers of inflicting pains on Nigerians after Tinubu’s pronouncement at his inauguration that fuel subsidy was gone.
While reiterating their support for the removal of subsidy on petrol, Uzodinma said the decision for fuel subsidy removal was reached by the administration of President Muhammadu Buhari, under the National Economic Council (NEC), led by former Vice President Yemi Osinbajo, when they came to the realisation that it was no longer possible to fund subsidy.
