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
South-West Demands Five New States and Constitutional Recognition for Traditional Rulers in Ongoing Constitutional Review
BY Abiodun Saheed Omodara July 4, 2025 0

The demand for the establishment of five new states, the recognition of traditional rulers in the co...

READ ALSO
Federal High Court Orders Reinstatement of  Natasha Akpoti-Uduaghan, Calls Suspension "Excessive"
BY Abiodun Saheed Omodara July 4, 2025 0

A Federal High Court in Abuja ruled on Friday that the Nigerian Senate exceeded its authority by sus...

READ ALSO
Calls for Autopsy: Ondo Govt. Faces Pressure to Exhume Late Governor Akeredolu's Body
BY Abiodun Saheed Omodara June 30, 2025 0

The Ondo State Government may need to exhume the body of the late governor, Oluwarotimi Akeredolu, f...

READ ALSO
Tinubu to Discuss Sustainable Governance at BRICS Summit in Rio
BY Abiodun Saheed Omodara June 29, 2025 0

President Bola Tinubu arrived in Vieux Fort, Saint Lucia, on Saturday for the first leg of his two-p...

READ ALSO
Reps Launches Committee to Review CNG Policy Implementation
BY Abiodun Saheed Omodara June 27, 2025 0

The House of Representatives has formed an ad-hoc committee tasked with examining the Federal Govern...

READ ALSO
Nigeria Takes Bold Step towards Energy Independence with Naira-Based Crude Sales Initiative
BY Abiodun Saheed Omodara June 25, 2025 0

The Nigeria Export Processing Zones Authority, alongside the Federal Government’s One-Stop-Sho...

READ ALSO
IPMAN Links Rising Petrol Prices to Crude Oil Costs and Market Dynamics
BY Abiodun Saheed Omodara June 24, 2025 0

ABUJA, Nigeria (NAN) - The Public Relations Officer of the Independent Petroleum Marketers Associati...

READ ALSO
Tinubu Launches National Mechanised Farming Programme to Tackle Food Insecurity
BY Abiodun Saheed Omodara June 23, 2025 0

In a bid to combat food insecurity and encourage youth participation in farming, President Bola Tinu...

OUR CHANNELS:

Ex-D’Tigers coach Brown sets goals for new job
BY Abiodun Saheed Omodara July 9, 2025 0

The former head coach of the Nigerian men's national basketball team, D'Tigers,Mike Brown,has s...


U.S. Reduces Visa Duration for Nigerians to Three Months
BY Abiodun Saheed Omodara July 10, 2025 0

The U.S. Department of State has changed its five-year visa policy for Nigerians applying for non-im...


JAMB Sets 2024 Cut-Off Marks for Tertiary Institutions
BY Abiodun Saheed Omodara July 10, 2025 0

The Joint Admissions Matriculation Board announced the admission cut-off marks for universities, pol...


Federal Government Launches Exclusive Passport Office for Senior Officials
BY Abiodun Saheed Omodara July 10, 2025 0

ABUJA, Nigeria - The federal government on Tuesday, inaugurated a new passport front office in Abuja...


African Democratic Congress Claims Government Coercion to Weaken Opposition Coalition
BY Abiodun Saheed Omodara July 9, 2025 0

The African Democratic Congress (ADC) has accused President Bola Tinubu’s administration of ta...


FG Urges Judiciary to Strengthen Capital Market for Economic Growth
BY Abiodun Saheed Omodara July 9, 2025 0

The Federal Government has called on the judiciary to take a proactive role in strengthening the cap...


Reinventing Nigeria’s Fiscal Framework: A Call for Unity and Responsibility
BY Abiodun Saheed Omodara July 10, 2025 0

President Bola Tinubu has emphasized his government's dedication to allocating sufficient resources...


CBN Mandates Capital Restoration Plans for Banks: A Step Towards Regulatory Compliance
BY Abiodun Saheed Omodara July 8, 2025 0

The Central Bank of Nigeria has instructed banks to provide a capital restoration plan as part of it...


Nigeria Faces Teacher Shortage: Over 31 Million Learners Rely on Just 915,913 Educators
BY Abiodun Saheed Omodara July 9, 2025 0

According to data from the Universal Basic Education, only 915,913 teachers are available for at lea...


Tinubu Calls for Equitable Global Framework at BRICS Summit
BY Abiodun Saheed Omodara July 10, 2025 0

President Bola Tinubu has advocated for a more equitable global framework regarding climate action,...


More Articles

Load more...

Menu