• News - South West - Osun
  • Updated: July 20, 2023

Fuel Price Hike: Osun Civil Societies Threaten Protest 

Fuel Price Hike: Osun Civil Societies Threaten Protest 

The Osun Civil Societies Coalition (OCSC) , an umbrella body of pressure groups in Osun State, has threatened to organise a protest if the Federal Government failed to address the many economic hardships facing Nigerians.

The group in a statement signed by its Chairman, Waheed Lawal on Thursday also recommended a pause in interest rate hikes which act as a relief against the pressures on Nigerians.

Reacting to the recent petrol subsidy removal, naira float and other reforms of the President Bola Tinubu-led administration, the group urged the government to implement fiscal measures such as reducing and removing the tax on basic food items to protect the most vulnerable as well as spur demand side growth.

OCSC also implored the government to hasten the provision of the anticipated palliatives to lessen the impact of the rising trend in prices on economic agents. 

The civil societies coalitions, however, stated that they will lead mass of the people out on the street for a protest if the government fails to resolve all issues with one week. 

"Hitherto, Nigerians have been struggling to survive. However, the subsidy removal, naira devaluation, and the implementation of a value-added tax on diesel imports are causing further spikes in the prices of goods and exacerbating a cost-of-living crisis in Africa’s biggest economy.

"It is getting difficult daily for Nigerians, especially with the recent petrol subsidy removal and naira float and other reforms the Tinubu’s led-government is doing. 

"They are good reforms but they are seriously hurting Nigerians and businesses. Many families can’t even afford to eat twice daily anymore as prices keep soaring.

"The fuel subsidy removal is already having a killing effect on the common people. 

"The effects of the inflation scourge are more evident on the poorest of the poor of the country where malnutrition and hunger rates are surging daily as millions of children roam the streets in search of food.

"The worsening cost-of-living crisis is causing a decline in living standards, which is hurting physical and mental health and worsening existing conditions. 

"The renewed pressure is not only felt by households but also businesses, as the recent reforms are already taking their toll and threatening to keep many out of business.

"As civil society organisations, we take cognizance of the ride of the people by the government and the seeming insult of the people by the so called intention of payment of N8000 to the poor people of this nation.

"While we commend the ongoing negotiations between the government and the labour force, we are particularly bothered by the fate of ordinary Nigerians who feel more, the pain of the policies, than the civil servants that have hope.

"The ordinary Nigerians are the most hit of the current economic hardship. They are hopeless in an administration with renewed hope mantra. 

"The current economic realities have sparked more calls for the government to ease the nation’s cost-of-living crisis and put the brakes on rising prices by cutting down on the cost of governance.

"The recent hike in cost of fuel is damning. People of Osun State particularly trek and those that have vehicles can't even afford to fuel them for use.

"President Bola Ahmed Tinubu should not drain Nigerians’ blood for reform or development of any form. 

"We also implore the government to hasten the provision of the anticipated palliatives to lessen the impact of the rising trend in prices on economic agents.

"We can't continue to wait on promises for palliative. The time is NOW!

"We appeal to our people to remain calm and resilient with hope that these pains shall bring forth joy and Nigeria shall rise again."

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