Ohanaeze Ndigbo, the South-East’s socio-cultural organization, has urged the Federal Government to address Nigeria’s economic challenges caused by the persistent fuel price hikes.
The organization warned that failing to overhaul the Nigerian National Petroleum Company Limited (NNPCL) may lead to civil unrest.
Mazi Okechukwu Isiguzoro, Factional Secretary General, expressed concerns about the recent fuel price increase, stating:
“The unilateral increases threaten to plunge the average Nigerian into an abyss of economic despair, especially as we approach the festive season—a time traditionally marked by joy and communal celebration.”
Isiguzoro emphasized, “The management teams and boards responsible for this abysmal state of affairs at NNPCL must be removed. If immediate and decisive actions are not taken, specifically an extensive overhaul of the NNPCL from top to bottom, we risk devolving into a state of uncontainable civil unrest.
The relentless price hikes not only threaten the livelihoods of many Nigerians but also undermine public confidence in presidential governance under President Bola Ahmed Tinubu.’
Ohanaeze Ndigbo advocated for proactive support for local investors establishing Compressed Natural Gas (CNG) depots nationwide, offering solutions to the fuel crisis.
Isiguzoro urged Nigerians to consider converting vehicles to CNG and electric alternatives.
“We implore the Federal Government to act swiftly to overhaul a corrupt and inefficient system, as failing to do so could lead to devastating consequences not only for the government under President Tinubu but for all Nigerians whose dreams and dignity are intertwined with our collective socio-economic fabric.”
He concluded:
“We call upon all Nigerians—individuals, communities, and leaders—to unite in advocating for urgent changes that will restore integrity, efficiency, and accountability to our national institutions.”
DP/NGG
