ADC condemns FG’s new 5% petrol tax as unfair and poorly timed. Says Nigerians need relief, not more pressure, amid ongoing economic hardship
The African Democratic Congress (ADC) has sharply criticized the Federal Government’s recent introduction of a 5% tax on petrol, describing it as deeply unfair and insensitive” to Nigerians still battling the aftershocks of fuel subsidy removal.
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In a strongly worded statement on Thursday, the party’s National Publicity Secretary, Mallam Bolaji Abdullahi, said the policy adds to the growing financial pressure on households and should be suspended until citizens begin to feel “tangible relief” from the government’s economic reforms.
“The ADC finds this tax deeply unfair at a time when the majority of Nigerians are still reeling from the effects of fuel subsidy removal,” Abdullahi stated.
He added that while the government cites increased revenue collection, the on-ground fiscal reality reflects the opposite — a struggling populace, heavy borrowing, and underwhelming economic growt.
Unrealized budget projections: Revenue from statutory allocations and VAT are falling below expectations.
Currency depreciation: The continued weakening of the naira is pushing up prices for food, rent, and transportation.
Increased service charges: Recent hikes in fees such as international passport issuance have made essential services less accessible.
Abdullahi questioned the sustainability of FG’s revenue strategies, saying that while the administration claims record income levels, borrowing continues at alarming rates.
“Regardless of the economic motives, what is clear is that citizens need relief, not more pressure,” he said.
The ADC acknowledged the challenges involved in national governance but urged the government to adopt policies that:
- Reduce poverty
- Stabilize the naira
- Protect vulnerable households
“Nigeria cannot afford policies that push more families below the poverty line.
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What our people need now are measures that support livelihoods and restore confidence in the economy,” the statement concluded.
