The Peoples Democratic Party (PDP) on Thursday berated President Muhammadu Buhari over his weak defense of his administrations hike in fuel by comparing it with that Saudi Arabia in his Independence day speech, adding that the minimum wage of Saudi Arabia is 305,113.
President Muhammadu Buhari, on October 1, had addressed the nation as the country marked its 60 years anniversary
The party described the economic assertions in President Buhari’s independence anniversary speech as a huge slap on the sensibilities of Nigerians.
It charges the President to wake up to reality and take demonstrable urgent steps that will address the divisive tendencies and poor economic policies of his administration, which are fast decimating the nation under his watch.
The PDP, in a statement by its spokesman, Kola Ologbondiyan, said President Buhari’s attempt to justify the increase of fuel price in Nigeria by comparing it to the N168 per liter cost in Saudi Arabia is a morbid joke, noting that the minimum wage in Saudi Arabia is N305,113 (3000 Saudi Riyals), ten times higher than the paltry N30,000 which is largely unimplemented in Nigeria.
In his words, he said, “Is Mr. President not aware that, on the average, a person working in Saudi Arabia earns around 4,230SAR (N430, 267) to 16,700 SAR (N1,698,693) per month?”
“PDP charges Mr. President to always check his books before making such offensive comparisons including the price in Egypt where monthly average earning is 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 powers of citizens are much more higher, did Mr. President reflect on the cost of house rent, education, healthcare and average dependence on fuel for daily survival by ordinary citizens as obtainable in Nigeria.”
“If the flawed assertions as evident in Mr. President’s speech are a direct reflection of how policies are formulated in his administration, then one needs not wonder why our economy is in doldrums.”
“Indeed, it is imperative to state that if the Buhari administration had summoned the competence and honesty to continue the programs already laid by previous administrations under our party to revive our refineries and provide infrastructural backbone for our productive sector, fuel price will not be more than N100 per liter, in addition to the gains from by-product from crude oil,” the party said.
The PDP therefore urged Mr. President to engender harmony and productivity by allowing for more robust discourse that will lead to affordable prices for fuel and other essential commodities in our country.