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PDP to Buhari: Your attempt to justify increase of fuel price not tenable because minimum wage in Saudi Arabia is N305,113

Roland Edwards by Roland Edwards
October 1, 2020
in Breaking News, News
0
Buhari: It makes no sense for oil to be cheaper in Nigeria than in Saudi Arabia

Buhari

The Peoples Democratic Party (PDP) has advised President Muhammadu Buhari to take practical steps to entrench the culture of rule of law and strengthen harmonious living in Nigeria.

The party gave the advice in a statement by its National Publicity Secretary, Mr Kola Ologbondiyan, in reactions to Buhari’s speech on Nigeria at 60 independence anniversary. 

Ologbondiyan urged Buhari to take the steps through inclusiveness, equity in wealth distribution and equal access to opportunities for all Nigerians irrespective of creed, class, and ethnicity.

Ologbondiyan advised Buhari to take urgent steps that would address the challenge of divisive tendencies and economic policies confronting the country.

He also advised Buhari to engender harmony and productivity by allowing for more robust discourse that would lead to affordable prices for fuel and other essential commodities in the country. 

Ologbondiyan said attempt to justify the increase of fuel price in Nigeria by comparing it with the N168 per litre cost in Saudi Arabia was not tenable.

He said that the minimum wage in “Saudi Arabia is N305,113 (3000 Saudi Riyals), 10 times higher than our paltry N30,000 which is largely unimplemented in Nigeria.”

Ologbondiyan said that on the average, a person working in Saudi Arabia earned around 4,230SAR (N430, 267) to 16,700 SAR (N1,698,693) per month.

He added that in Egypt, the monthly average earning was around N222, 841 (9,200 EGP) against our N30,000.

“In comparing our costs with other countries such as Ghana, Chad and Niger where purchasing power of citizens are much more higher, did Mr President reflect on the cost of house rent?

“Did he compare the cost of education, healthcare and average dependence on fuel for daily survival by ordinary citizens as obtainable in Nigeria?”

Ologbondiyan said if present administration had continue with the programmes laid by previous administrations under PDP to revive the country’s refineries and provide infrastructural backbone for the productive sector, fuel price would not be more than N100 per liter.

He said that such would have applied to the gains from by-product from crude oil.

“Furthermore, credible elections are essential to harmonious living.

“Our party, therefore, restates our commendation to Mr President for his new found commitment to non-interference in elections leading to conduct of free, fair and credible governorship election in Edo State on Sept. 19.

“We urge President Buhari to toe the line of the Edo election in the October 10 Ondo governorship election so as to consolidate the legacy of free and fair election under his watch.”

Ologbondiyan advised the President to exert himself on rebuilding Nigeria economy by ending borrowing and focusing on productive capacity.

Ologbondiyan said that security was pivotal to the economic revival.

He added that the unceasing acts of insurgency, banditry and kidnapping in the last few years had negatively  affected the nation’s productivity and threatened  its corporate existence.

He advised Buhari to rejig his security architecture to inject new blood that would effectively confront the security challenges of the nation, as well employ more competent  hands in the affairs of the nation.

Tags: PDP to Buhari: Your attempt to justify increase of fuel price not tenable because minimum wage in Saudi Arabia is N305113
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