The Peoples Democratic Party [PDP] has asked the President, Maj. Gen. Muhammadu Buhari, to reduce fuel price from N125 per litre to an appropriate price that should not exceed N90 per litre.

The party, in a statement yesterday by its National Publicity Secretary, Kola Ologbondiyan, said given the fall of price of crude in the international market to below $30 per barrel, the appropriate domestic price for fuel should be between N80 and N90 per litre.

The PDP said the cost template should be implemented to ease the economic burden on Nigerians and further serve as palliative over the impact of the COVID-19 pandemic.

“Our party maintains that any further delay in the reduction of fuel price amounts to fleecing of Nigerians at a time government should rather concentrate on efforts that will immediately ease burdens and enable our citizens battle health and economic concerns worsened by the coronavirus disease.

“The party, therefore, urged agencies of government, particularly the Central Bank of Nigeria (CBN), to be wary of attempts by some All Progressives Congress leaders to hijack fiscal procedures and push hazy financial theories that will end up diverting public resources into their hands, away from the poor Nigerians in the informal sector who are in dire need of social remedies due to the impact of the COVID-19 pandemic.”