BREAKING: Petrol Price Hike Fuels Anger in Edo, Protesters Make 1 Strong Demand From Tinubu

• The good people of Edo state have expressed their dissatisfaction over the recent pump price of petrol
• Some residents who can't keep calm over the development took to the streets and even blocked the Benin-Lagos highway and other areas in the Benin metropolis
• They are calling on the Governor, Godwin Obaseki and President Bola Tinubu to urgently reverse the fuel pump price while noting Edo residents and Nigerians can't buy petrol at N520

Some residents of Edo state have blocked the Benin-Lagos highway and other areas in the Benin metropolis.

This is as they expressed their anger over the recent increase in the pump price of Premium Motor Spirit (PMS).

Edo residents make 1 strong demand

The protesters who are mainly members of the Edo State Civil Society Organisation (EDOCSO), called for an urgent reversal of the fuel pump price, Daily Trust reported.

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“We don’t know their faces”: Shehu Sani raises vital question on payment of subsidies

Protesters lament hardship in the land

Wielding placards with inscriptions such as “Nigerians can’t buy petrol at N520”, “We can’t buy petrol at N520 but N210”, and “Petrol must be N210 till July end”, the protesters said Nigerians were already confronted with numerous challenges, National Daily newspaper report added.

The development, however, caused gridlock, forcing commuters to trek to their destinations.

The protest was to get Tinubu's attention, they noted

Addressing journalists, former coordinator general EDOCSO Omobude Agho, said the protest was to get the attention of President Bola Tinubu so that he could look into the fuel pump price.

He added that if by Friday the government fails to address the situation, the protest will spread to other areas.

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“Inclusion, justice and fighting corruption": Northern elders remind Tinubu of key campaign promise to fulfil

“We don’t know their faces”: Shehu Sani raises vital question on payment of subsidies

In another development, a former Kaduna Central senator, Shehu Sani, has questioned the real identities of those receiving the years-long subsidy payments.

Writing on his verified Twitter handle on Thursday, June 1, the Peoples Democratic Party (PDP) chieftain wondered which individuals were pocketing the subsidy funds.

He wrote:

"We have been defending the payment of subsidies but we don’t know the faces and names of those in whose accounts the money is deposited."

Bola Tinubu breaks 24-year record of Obasanjo, Yar-Adua, Jonathan, and Buhari in 24 hour

In another report, President Bola Ahmed Tinubu surpassed the stock market performance of his predecessors within the first 24 hours of his inauguration.

Following Tinubu's inauguration, the Nigerian stock market opened the week on a bullish note as investors displayed confidence in his administration.

President Tinubu addressed key economic concerns in his inaugural speech, emphasising the need to capture fuel subsidy in the 2023 budget and pledging to work towards a unified exchange rate to bolster the Nigerian economy.

Source: Legit.ng