National Christian Elders Forum (NCEF) has called on the Federal Government to immediately reverse the recent petrol price increase, warning that failure to do so could lead to dire consequences.
NCEF demand comes as Nigeria grapples with rising poverty rates, estimated to have reached 38.9% in 2023.
In a communiqué issued on Thursday after its meeting, the NCEF attributed the current economic hardship in Nigeria to the petrol price hike, which has increased the costs of food and other essential commodities.
The communiqué, signed by Dr. Samuel Gani, CON, Chairman of the NCEF, emphasized the urgent need for government action.
The group also expressed concern over the impact of recent protests, citing the worsening hardship faced by Nigerians.
To address these challenges, the NCEF recommended a comprehensive approach, including reviewing petrol prices to alleviate the suffering of Nigerians, reducing electricity tariffs to enhance productivity and create employment opportunities, improving security measures, particularly for rural farmers, and addressing the impact of protests caused by the petrol price increase and economic hardship.
The Christian Elders also noted that the government’s efforts to address insecurity have been inadequate, emphasizing the need for more immediate and effective actions.
The communique reads, “We urge the Government to reconsider the recent increase in petrol prices, which have led to a significant rise in the cost of food and other essential commodities. It is important to acknowledge that the recent protests by some Nigerians were because of the increase in petrol prices and aggravating hardship faced by the populace. We recommend a downward review of petrol prices to alleviate the suffering of the people.
“To further address the economic challenges, We advocate for a reduction in electricity tariffs to enable Nigerians to produce goods and services more economically. This measure will enhance productivity and create employment opportunities for our burgeoning youth population.
“Moreover, We call for improved security, particularly for farmers in rural areas who are crucial to the nation’s food security. While we recognize the Government’s efforts in this regard, we urge for more immediate and effective actions.
“We firmly believe that these straightforward recommendations will significantly alleviate the current hardships experienced by many Nigerians. We trust in the Government’s wisdom and political will to implement these measures.”
