Shah Alam, 4th September - Dato' Seri Najib Razak's administration once again has failed to fulfil the promises made prior to the 13th General Election (GE-13) when they announced the increase in oil prices.
MP for Bayan Baru, Sim Tze Tzin said the increase in fuel prices will have long term effects on people who will also be facing rising prices of essential goods that are bound to follow, bringing negative impact on the socio-economic development of the people.
"It will cause long-term burden on the people. Change effect will follow, causing a jump in water transportation costs that even coffee prices will go up. People's socio-economic alter," he said.
Speaking to TV Selangor, Sim said, the policy to raise fuel prices shows Najib's desperation in protecting the interests of his cronies while allowing the nation to bear the burden.
"Najib favours his cronies, such as the Independent Power Producers (IPPs). People are in misery but corporates will profit. In contrasts with the Coalition, we have the best policy to reduce oil prices. Given the opportunity to administer the last general election, we would have taken an alternative step," he said.
- FZL
