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The Labour Party (LP) says Nigerians do not deserve what
they are getting from the ruling All Progressives Congress (APC).

 

Oil marketers had on Tuesday increased the pump price of
petrol at retail outlets to N617 per litre in Abuja and N568 per litre in
Lagos.

 

The development comes just weeks after the complete
deregulation of the downstream petroleum sector.

 

Deregulation is the elimination or removal of government
controls over a sector, allowing market forces to determine the prices of
products.

 

On May 29, President Bola Tinubu announced that “petrol
subsidy is gone” — a pronouncement which immediately led to a hike in the pump
price of the product across the country.

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Reacting in a statement on Tuesday, Obiora Ifoh, national
publicity secretary of LP, said the adjustment of the petrol pump price is the
beginning of the hard times Nigerians will be grappling with under the APC.

 

“The Labour Party has said that the latest adjustment in the
petroleum pump price is just the beginning of hard times Nigerians will be
facing under the All Progressives Congress-led administration,” the statement
reads.

 

 “Recall that we had
earlier warned that the bourgeoisie government in place can only enrich the
upper class and inflict penury on the proletariat.

 

“You offer a paltry N8000 to a family of five and extract
all they have laboured for through obnoxious policies.

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“Nigerians do not deserve what they are getting from the
present government. The Labour Party condemns the attitude of the government to
its people.

 

“This is even coming at a time the Nigerian currency has
continued to devalue under the watch of this government.

 

“We are however optimistic that Nigeria will overcome the
Taskmaster of our time. We will soon witness the Promised Land.”