Fuel Price Hike: Media Group Demands Immediate Reversal To Prevent Further Hardship On Nigerians

Volunteer Media Advocacy for Accountable Leadership (VMAAL) expresses dissatisfaction over the recent increase in fuel price to almost N1000 per litre, which has exacerbated the already challenging economic conditions faced by millions of Nigerians.

The group noted that the sudden and steep hike in the cost of petrol has triggered widespread hardship, pushing many citizens further into poverty and creating additional strain on businesses and households across the country.

In a press statement signed by the National Coordinator, Augustine Aminu, KSM, the timing of this price increase could not be more detrimental, as Nigerians are still grappling with the economic fallout from fuel subsidy removal, rising inflation, and the ongoing challenges posed by unemployment and underemployment.

“The decision to raise fuel prices at this critical juncture is not only insensitive but also counterproductive to the government’s stated goals of economic recovery and poverty alleviation even when the national minimum wage increase is yet to be implemented by both state and federal government.

“We urge the Federal Government to take immediate steps to reverse the fuel price hike and explore alternative measures to address the economic challenges facing the nation.

“It is important that the government prioritizes the welfare of its citizens, particularly the most vulnerable, who are disproportionately affected by such policies.

He further said that the government as a matter of urgency engage in meaningful dialogue with stakeholders, including labor unions, civil society organizations, and the private sector, to develop a more sustainable approach to managing the nation’s resources and ensuring energy affordability.

“Nigerians deserve a government that listens to their concerns and acts in their best interest. The current fuel price hike only serves to deepen the economic woes of the people and threatens to destabilize the social fabric of the nation.