ADC Condemns FG’s 5% Petrol Tax, Urges Suspension Amid Economic Hardship

ADC Condemns FG’s 5% Petrol Tax, Urges Suspension Amid Economic Hardship


The African Democratic Congress (ADC) has criticized the Federal Government’s introduction of a 5% petrol tax, labeling it an unnecessary burden on Nigerians still reeling from the impact of fuel subsidy removal.

In a statement released by its National Publicity Secretary, Mallam Bolaji Abdullahi, the ADC described the timing of the tax as “deeply insensitive” and demanded its immediate suspension until citizens experience meaningful relief from ongoing economic reforms.

Abdullahi questioned the government’s claims of improved revenue collection, noting that despite reported record earnings, the Federal Government continues to rely heavily on borrowing. He argued that this raises serious doubts about the sustainability of its fiscal policies. 

“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. Regardless of the economic motives, what is clear is that citizens need relief, not more pressure,” Abdullahi stated.

The party pointed out that budgeted revenues for 2025 remain far from being realised, with statutory allocations and VAT receipts falling short of projections.

It also noted that the continued depreciation of the naira had further weakened the purchasing power of Nigerians, increasing the cost of food, rent, and transportation.

The ADC expressed concern about recent hikes in service charges, including the rise in international passport fees, which it said make essential services harder to access for ordinary citizens.

While acknowledging the challenges of governance, the party urged the administration to prioritise policies that reduce poverty, stabilise the exchange rate, and lessen the economic burden on households.

“Nigeria cannot afford policies that push more families below the poverty line. What our people need now are measures that support livelihoods and restore confidence in the economy,” the statement added.

  

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Source: Nigerianeye

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