PTI terms Rs 5 cut in petrol price as ‘joke’

Latest Update: January 30, 2016 | 163 Views

ISLAMABAD: Spokesman of Pakistan Tehreek-e-Insaf (PTI) Naeem-ul-Haque on Saturday termed Prime Minister (PM) Nawaz Sharif s announcement of reducing Rs 5 per liter in petroleum prices a ‘clumsy joke’.

The PTI leader said the government of Pakistan Muslim League-Nawaz (PML-N) is not ready to provide any relief to the nation.

He said that Oil and Gas Regulatory Authority (OGRA) recommended to cut the petroleum prices by 21 percent but the officials only reduced Rs 5/liter. OGRA requested to decrease petrol by Rs7.56, high speed diesel and high octane by Rs10.15 and kerosene oil by Rs8.17 from February 1.

Naeem-ul-Haque alleged government of selling petrol on high rates after buying it on cheaper from international market.

Have never thought of PML-N neglecting nation for the sake of money, he added.

He further rejected nominal reduction in petrol prices.

Earlier, PM Nawaz Sharif announced Rs 5 per liter reduction in petrol and diesel prices. He said that “it is my pleasure to announce that petrol and diesel prices have been further reduced by Rs5 per litre.”

PM Nawaz said that inflation rate has also fallen below two per cent.


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