BREAKING: Protest hits Osogbo over electricity tariff, fuel hike

Members of the Coalition for Civil Societies in Osun State Friday morning protested against the hike in electricity tariff and petrol price.

The protesters took off from Freedom Park, Osogbo around 8:30 am.

The protesters displayed placards showing their displeasure over the increase in electricity tariff and petrol price.

The protesters lamented that “approval of new electricity tariff and increment in the pump price of petrol is the highest level of insensitivity and wickedness from President Muhammad Buhari-led All Progressives Congress government.”

Petrol prices have increased for three straight months, rising from N121.50–N123.50 per litre in June to N140.80-N143.80 in July, N148-N150 in August and N158-N162 in September.

The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation had, on Wednesday, increased the ex-depot price of Premium Motor Spirit (petrol) to N151.56 per litre from N138.62 per litre but later reduced it to N147.67.

The ex-depot price is the price at which the product is sold to marketers at the depots.

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