Christian Elders Urge Federal Government to Roll Back Fuel Price Hike to Prevent Crisis

The National Christian Elders Forum (NCEF) has urged the Federal Government to promptly reverse the recent increase in petrol prices, warning that failing to do so could lead to serious repercussions.

As Nigeria faces rising poverty levels, with the rate projected to reach 38.9% in 2023, the NCEF pointed to the fuel price hike as a key factor worsening the economic situation. The group released a statement following a meeting, blaming the higher petrol prices for escalating the costs of food and other essential items.

In the communiqué, signed by the NCEF’s chairman, Dr. Samuel Gani, the elders stressed the need for urgent government intervention to ease the economic burden on Nigerians.

The forum also raised concerns about recent protests sparked by the country’s worsening hardships, and they called for a holistic approach to tackle the economic challenges. Their recommendations included reducing petrol prices to relieve citizens, lowering electricity tariffs to boost productivity and job creation, improving security, especially for rural farmers, and addressing the growing discontent linked to the price increases and economic strain.

The NCEF criticized the government’s efforts to address insecurity, stating that stronger and more immediate actions were necessary.

The communiqué stated: “We urge the government to reconsider the recent petrol price increase, as it has resulted in a sharp rise in the cost of food and other basic goods.”

It continued: “Recent protests were a direct response to the increased fuel prices and the accompanying hardships. We recommend a downward adjustment of fuel prices to help alleviate the suffering of the people.

“To further address the economic situation, we suggest reducing electricity tariffs to allow Nigerians to produce goods and services at a more affordable cost, which will boost productivity and create employment for the growing youth population.

“We also call for enhanced security, particularly for farmers in rural areas, who are essential to the nation’s food security. While the government’s efforts are acknowledged, more decisive and immediate measures are required.”