A socio political group, the Coalition of Nigerian Youth Leaders (CONYL) has threatened to carry out a nationwide protest against the Nigeria National Petroleum Company Limited (NNPCL) over the indiscriminate hike of price of petrol.

The umbrella body of all the youth groups drawn across the six geopolitical zones raised alarm over the indiscriminate hike of fuel price to N1300 per litre and other petroleum products, saying it had made life unbearable for Nigerians.

The statement reads, ?The increase in the price of petroleum products most especially the price of fuel has brought hardship to Nigerians as the increment has resulted to increase in transportation cost, increase in prices of food, and increase in prices of every goods and services in the country,? CONYL said in a statement issued by its president general, Comrade Goodluck Ibem.

The group lamented that the ?price of one egg is now N250 as against N50 one year ago, reason for the increase is high cost of fuel. Transportation from Lagos to Abia State is now N25,000 as against N8000 as of last year.

?The oil cabal in the oil sector is working assiduously to make President Tinubu?s administration look as if he is not performing but their plans is dead on arrival.

?President Tinubu means well for Nigerians but the activities of the oil cabal and NNPCL is frustrating the effort of the President in making life better for Nigerians.?

According to CONYL, ?We the Nigerian youths have concluded arrangement and plans to stage a two million man protest march against NNPCL in front of their premises and we will not stop until the entire leadership of the NNPCL is removed for more competent persons to take over for the good of the nation.?

It said the protest march is for the survival of Nigeria and Nigerians given the great importance of the oil sector to the growth and development of the nation, adding that the date and time of the protest would be communicated to the various organs of the group across Nigeria. (New Telegraph)

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