The African Democratic Congress, ADC, has warned President Bola Tinubu that rising petrol prices and the broader cost of living are pushing Nigerians close to what the party described as the limits of human endurance.
In a statement issued by its National Publicity Secretary, Bolaji Abdullahi, the party said petrol selling for as much as N1,470 per litre was increasing the cost of transportation, food, electricity, education and other essential needs.
The ADC also cited reports of private schools raising fees by between 30 and 40 percent, saying many families were struggling to cope because household incomes had not increased at a similar rate. The party said the rising costs were placing additional pressure on parents, workers and businesses.
The opposition party described the N1,470 per litre petrol price as a “Tinubu Tax” and alleged that some families were being forced to cut back on food, education and healthcare, while small businesses faced increasing operating costs. It also criticised what it described as the continued spending on lavish lifestyles by public officials.
The ADC warned the ruling All Progressives Congress, APC, against interpreting Nigerians’ patience and resilience as acceptance of the current economic situation.
Looking ahead to the 2027 general elections, the party said its presidential candidate, Atiku Abubakar, had proposed restoring a fuel subsidy to support domestic production and reduce petrol prices. The ADC said it believed lower fuel costs would help ease the pressure on transportation, food and production.
