Politics

New PMS price regime is an ‘overkill’ — NUJ declares

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Nigeria Union of Journalists (NUJ) has described the new price regime of PMS announced on Tuesday as an “overkill.”
The NUJ, therefore, “urged that the situation should be reversed immediately while adequate measures are considered and put in place to lessen the effects on ordinary Nigerians.”
In a press statement signed and issued by the National Secretary, Shuaibu Usman Leman, the NUJ stated that”We are alarmed at the just announced increase in the pump price of Premium Motor Spirit (PMS) to N617 per litre in Abuja and N568 in Lagos respectively.”
According to the Union, “This development has already triggered astronomical increases in transportation costs, with prices of food items soaring almost beyond the reach of many citizens.”
“Even as users of generators to power their homes are already groaning uncontrollably under the present situation,” It added.
The NUJ further stated that “While we applaud the decision to remove the costly subsidies on fuel, however, we had cautioned against a hasty implementation of the policy without putting mitigating measures in place to cushion the excruciating effects.”
The Union stressed that “We are saddened by the fact that today, most people can hardly commute to work or other places of business without too much stress because the embarrassing sudden surge in petrol prices has made it so.”
The NUJ concluded, stating, “We believe that this sudden decision is an overkill, and we urge that the situation should be reversed immediately while adequate measures are considered and put in place to lessen the effects on ordinary Nigerians.”

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