Would you like to receive notifications on latest updates of the following headlines?

Doctors urge Tinubu to reconsider economic policy, reduce fuel price

POSTED ON September 5, 2024 •   Breaking News      BY Abiodun Saheed Omodara
President Bola Ahmed Tinubu l Credit: Premium Time

The Nigerian Medical Association, Lagos State Branch, has urged President Bola Tinubu to reconsider the administration’s economic policies and reduce the price of Premium Motor Spirit, commonly known as petrol.

The Chairman of Lagos NMA, Dr. Saheed Kehinde, condemned the recent increase in petrol prices, stating that it has imposed unbearable hardship on Nigerians, including medical and dental professionals, who are already struggling with severe economic challenges and insecurity.

According to Kehinde, many of our members are being forced to leave the country in large numbers due to the deteriorating economic situation, and this recent development will only worsen the already dire circumstances they face.

“The hike in PMS prices comes at a time when Nigerians are enduring unprecedented economic pressures. This decision will impact all sectors, deepening the mental, social, and emotional stress that citizens are currently experiencing.

“With inflation rates soaring and the cost of living at an all-time high, the sudden spike in petrol prices will not only increase poverty levels across the country but also contribute to rising rates of depression, stress-related hospital admissions, social unrest, and even mortality.

“How can we rationalise a situation where doctors, who earn an average of $300 per month, are expected to cope with such astronomical increases in the cost of living? The recent hike in PMS prices has worsened an already unsustainable economic reality for healthcare professionals and all Nigerians, making it nearly impossible for them to manage,” Kehinde said in a statement he issued on Thursday.

He added, “The NMA, Lagos State, calls on His Excellency, President Bola Tinubu, to urgently intervene in this matter.

We urge him to prioritise the welfare of Nigerians by immediately reversing the petrol price hike to its previous level. Such a move will provide much-needed relief to our members and the general public, who are already struggling under the weight of the recent removal of petrol subsidies, escalating inflation, rampant insecurity, high electricity tariffs, and excessive taxation on wages.

“Furthermore, instead of continually burdening the populace with rising fuel prices, we strongly advise the Federal Government to rethink its economic policies. It is high time Nigeria moved towards self-sufficiency in the production of petroleum products, including PMS. We urge the government to expedite efforts to end petrol importation and focus on revitalising our local refineries.

“Additionally, addressing the persistent insecurity in the country must be a top priority if we are to create a stable environment conducive to economic growth and reduce the ever-widening gap of hardship and poverty among Nigerians.”

READ ALSO
Tinubu to Launch Multiple Development Projects Today in Kaduna
BY Abiodun Saheed Omodara June 19, 2025 0

KADUNA, Nigeria - President Bola Tinubu is anticipated to arrive in Kaduna State today for the inaug...

READ ALSO
ECOWAS Calls for Unified Action Against Plastic Pollution at World Environment Day
BY Abiodun Saheed Omodara June 18, 2025 0

The Economic Community of West African States (ECOWAS) is calling for a unified regional effort from...

READ ALSO
Trump Proposes Visa Ban on Nigeria Amid Corruption Concerns
BY Abiodun Saheed Omodara June 15, 2025 0

The administration of U.S. President Donald Trump has initiated plans to impose a general visa ban o...

READ ALSO
Nigeria's Crude Oil Prices Surge to $80 Amid Rising Tensions Between Israel and Iran
BY Abiodun Saheed Omodara June 14, 2025 0

Amid the increasing tensions between Israel and Iran, Nigeria's crude oil prices surged to nearly $8...

READ ALSO
National Assembly Urged to Enact Laws Protecting Human Rights as Civic Space Diminishes
BY Abiodun Saheed Omodara June 14, 2025 0

ABUJA, Nigeria - Amnesty International Nigeria has urged the National Assembly to urgently enact law...

READ ALSO
LASEMA Reaffirms Commitment to Flood Management as 2025 Campaign Kicks Off
BY Abiodun Saheed Omodara June 14, 2025 0

LAGOS, Nigeria - The Lagos State Emergency Management Agency (LASEMA) has reaffirmed its readiness t...

READ ALSO
FG to Reclaim Dormant Oil Wells as NUPRC Implements 'Drill or Drop' Policy
BY Abiodun Saheed Omodara June 13, 2025 0

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has informed oil producers of its inte...

READ ALSO
House Narrowly Approves Trump-Backed Cuts to NPR, PBS and Foreign Aid
BY Abiodun Saheed Omodara June 13, 2025 0

WASHINGTON (AP) — The House voted narrowly Thursday to slash $9.4 billion in previously approv...

OUR CHANNELS:

Osun Raises Alarm Over Alleged Fund Diversion by CBN and AGF
BY Abiodun Saheed Omodara June 19, 2025 0

OSUN, Nigeria - The Osun State Government has expressed concern about a purported attempt by the Cen...


Nigeria Police Link Schoolgirl Cannabis Clip to Zimbabwe
BY Abiodun Saheed Omodara June 19, 2025 0

The Nigeria Police Force has addressed a widely circulated video on WhatsApp and social media, which...


Tinubu to Launch Multiple Development Projects Today in Kaduna
BY Abiodun Saheed Omodara June 19, 2025 0

KADUNA, Nigeria - President Bola Tinubu is anticipated to arrive in Kaduna State today for the inaug...


Tinubu Assembles High-Level Committee After Benue Tragedy
BY Abiodun Saheed Omodara June 19, 2025 0

President Bola Tinubu announced the formation of a committee on Wednesday aimed at restoring sustain...


Finidi George Leads Rivers United into 2025/26 Season Training Camp
BY Abiodun Saheed Omodara June 19, 2025 0

Rivers United's coach, Finidi George, has motivated his players as the Port Harcourt-based team kick...


Moses Simon Completes Move to Paris FC for €7 Million
BY Abiodun Saheed Omodara June 19, 2025 0

As reported by French news source Foot Mercato, Paris FC, a newly-promoted team in French Ligue 1, h...


Osimhen's Impressive Loan Spell Fuels Transfer Speculation
BY Abiodun Saheed Omodara June 19, 2025 0

Nigerian international Victor Osimhen remains at the center of significant transfer rumors, with Ita...


NDLEA Calls for Collective Action Against Drug Abuse in Nigeria
BY Abiodun Saheed Omodara June 19, 2025 0

The National Drug Law Enforcement Agency (NDLEA) has urged Nigerians and state governments to take r...


Tor Tiv Urges President Tinubu to Foster Lasting Peace in Benue State
BY Abiodun Saheed Omodara June 19, 2025 0

The Tor Tiv, Prof. James Ayatse, expressed that President Bola Tinubu has the ability to bring lasti...


Desperate Investments: Why Nigerians Turn to Ponzi Schemes for Survival
BY Abiodun Saheed Omodara June 19, 2025 0

At a modest internet café tucked away in Egbeda, a bustling Lagos suburb, 29-year-old Chidi O...


More Articles

Load more...

Menu