The National Parent Teacher Association of Nigeria (NAPTAN) has appealed to President Bola Tinubu to intervene and do all the pieces attainable to stop petrol price from going up additional and out of hand.
Mr Adeolu Ogunbanjo, National Deputy President of NAPTAN, advised the News Agency of Nigeria (NAN) that the attraction was coming following an emergency assembly of the association on Monday in Lagos.
Recall that Tinubu, had in his broadcast to the nation in July, stated the federal government was monitoring the consequences of the alternate charge and inflation on gasoline costs, promising to intervene if and when needed.
Oil entrepreneurs on Monday projected an imminent price enhance as a consequence of naira depreciation, towards the greenback.
According to the entrepreneurs, so long as the greenback retains rising towards the naira within the overseas alternate market, the price of gasoline within the nation will proceed to extend.
However, Ogunbanjo has now known as on the president to present a concession charge on the greenback to petroleum importers.
According to him, this may create an enabling setting whereby the present price of gasoline within the nation will stay the identical.
“The removal of the petroleum subsidy we agree, align with it. However, unifying the naira at the same time is what is causing the hardship because anytime the dollar rises, fuel imports rise.
“It is upon this development that we are pleading and seeking for the intervention of our dear president to consider a concessionary rate for fuel importers.
“About 60 per cent are parents; September is around the corner, where school fees will be paid, so the Nigerian parents are crying, begging and kneeling for Mr President to hear us.
“He should do everything possible to stabilise the fuel price and make the current pump price not higher than what we are buying now, as anything contrary will increase hardship,” he added.
