PROTEST ROCKS ABUJA OVER FUEL CRISIS, INFLATION
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On Monday, a large-scale protest against rising petrol prices, ongoing fuel shortages, and growing economic hardship was started by scores of Nigerians who assembled in Abuja.
The protesters, led by Barrister Napoleon Otache and Olayemi Isaac from Citizens and Economic Freedom Rights Activists in Nigeria (CEFRAN) and Abdullahi Bilal of the Two Million Man March Against Oil Scam Cabal, called for immediate action to address what they called poor leadership in the nation’s oil sector management.
Central to the protests were grievances over skyrocketing fuel prices and the never-ending queues, which they argued have driven inflation and plunged millions of Nigerians into poverty.
The demonstrators condemned the current fuel subsidy regime, claiming it has only served to enrich a select few while leaving the majority struggling with high prices.
They called for full deregulation in the oil sector to ensure transparency, competition, and fairer fuel pricing.
The protesters criticized the present fuel subsidy system, saying it has mainly benefited a few while leaving the majority struggling with exorbitant costs.
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They demanded complete deregulation of the oil industry in order to guarantee competition, openness, and more equitable fuel prices.
Additionally, the importation of tainted fuel was denounced by protesters as a corrupt operation that damages businesses and automobiles, harming individuals.
They questioned how poor quality fuel keeps getting into the nation in spite of quality control guarantees and called for an immediate stop to these imports as well as accountability for those involved.
The organization also expressed anger over the billions of dollars spent on refinery development and facility renovations, criticizing the Dangote Refinery’s unmet promise to address Nigeria’s gasoline shortage.
They argued that despite these investments, fuel shortages persist, leaving Nigeria reliant on costly imports even as an oil-producing nation.
Highlighting the impact of the fuel crisis on the economy, protesters cited inflation surpassing 24% and a 200% rise in fuel prices, factors they say are deepening poverty across the country.
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