Senator Shehu Sani, a prominent member of the Peoples Democratic Party, has responded to the increase in the petroleum pump price of fuel, which has risen from N539 to N617 per litre in the Federal Capital Territory and other parts of Nigeria.

This adjustment was previously reported by Vistanaij Media.

The National President of the Independent Petroleum Association of Nigeria (IPMAN), Elder Chinedu Okoronkwo, confirmed this development to Vistanaij Media. In light of the price hike, Sani, a former federal lawmaker, attributed the situation to the devaluation of the Nigerian Naira.

He expressed his belief that as the value of the nation’s currency continues to decline, the price of fuel is likely to keep increasing. Sani referred to this as the unfortunate reality that Nigerians may have to accept.

In a tweet posted on his official Twitter handle, Sani remarked that only a miracle could alter the current situation.

He wrote, “Petroleum is imported with foreign currency. If the value of the foreign currency goes up, the price of petrol will go up,especially now with the removal of subsidy.

“This is the energy and economic reality we have to live with, until manna comes or miracle happens”.