The African Democratic Congress has criticised the latest rise in petrol prices, warning President Bola Tinubu against further aggravating the economic pressure on Nigerian households and businesses.
The African Democratic Congress (ADC) has warned President Bola Ahmed Tinubu against further increases in petrol prices, describing the latest pump-price levels of up to N1,470 per litre as an additional burden on Nigerians already struggling with rising living costs.
The opposition party said the latest increase was effectively placing another financial burden on households and businesses confronting elevated transportation, food, electricity and education costs.
In a statement reported on Tuesday, the ADC said Nigerians were already operating under severe economic pressure and urged the Tinubu administration to avoid policies that could further push citizens to the edge.
The party’s warning comes against the backdrop of continuing volatility in Nigeria’s downstream petroleum market, where petrol prices have risen sharply in response to changing market conditions and supply costs.
The ADC argued that the impact of higher fuel prices extends well beyond the cost of filling a vehicle. Increased transportation expenses feed into the prices of food, manufactured goods and services, while businesses that depend heavily on generators and logistics face additional operating costs.
The opposition party therefore urged the Federal Government to consider the wider consequences of further price increases, particularly for low- and middle-income households.
The latest criticism adds to growing political debate over the economic consequences of the government’s petroleum-sector reforms.
For the Tinubu administration, the challenge remains balancing market-based fuel pricing with the need to prevent further erosion of household purchasing power.
The ADC’s intervention also comes as political parties begin sharpening their economic messages ahead of the 2027 general elections.