Nigerians are furious at President Muhammadu Buhari over the fuel price hike announced on Friday.
They vent their anger after the Independent Petroleum Marketers Association of Nigeria (IPMAN) increased the pump price of petrol to between N168 to N170 per litre.
The fuel price hike occurred after the Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), increased the ex-depot price of petrol from N147.67 per litre to N155.17.
The ex-depot price is the price at which the product is sold by the PPMC to marketers at their various depots.
The Herald can report that the latest increment is the fifth in as many months.
The effect of increasing fuel price in Nigeria is that transportation costs and prices of foodstuff shoot up.
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Nigerians took to various social media channels to vent their anger and frustration at the increment.
Tweeting from @Letter_To_Jack, a Twitter user wrote, “I think we are doomed in this nation. Government don’t understand that the price of fuel affects everything.
“Fuel prices go up, transport fares go up, food prices inflate, the ripple effect goes round. Everyone would feel it except people who live on government funds.”
Also decrying the fuel price hike, a Facebook user, Chuks Ogwugwa, accused the President Muhammadu Buhari of insensitivity
“The youth were protesting peacefully. Boom! they deployed thugs to fight protesters and hijack the protest then protesters were murdered unabated.
“In Nigeria what government have done is to beat the child and still force the child not to cry.
“I want to congratulate Nigeria(n) government for achieving this great feat of impoverish(ment) of her citizen(ry).”
Udewena Bonfy Esqr wrote, “It’s clear that Nigeria is gradually heading to total anarchy and chaos. PMB and his APC cohorts have caused UNTOLD and UNBEARABLE HARDSHIPS to Nigerians.
“May God help us in this country.”