CUPP has expressed its opposition to the hoarding of petrol in various parts of Nigeria. The organization has taken note of the sudden increase in the pump price of the product within the past two days. In a statement released in Abuja on Wednesday, CUPP, through its National Co-Spokesperson Mark Adebayo, emphasized that hoarding and price hikes are unnecessary, evil, wicked, and inhumane. It also highlighted that subsidies will still be provided until the end of June 2023 according to the 2023 budget.

CUPP further criticized fuel marketers for taking advantage of a strategic communication error that occurred during the President’s inauguration. They believe that the marketers are exploiting the situation following the President’s declaration that the subsidy had been removed, which they consider to be ill-advised and lacking tact.

Speaking further the CUPP added, “This was not only an inauspicious occasion for such an announcement but also a total communication error. This is utterly disappointing because one would have expected that the new president would have communication experts working with him on his inaugural speech to avoid such an avoidable gaffe.

“Since the fuel subsidy regime still subsists till the middle of the year, the president should have been silent on it. To declare matter-of-fact in such a tactless manner that “subsidy is gone” allows unpatriotic oil marketers to cause the harrowing experiences that Nigerians are going through at the moment.”