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NLC rejects increase in fuel price, reveals the next action

The Nigeria Labour Congress (NLC) has rejected the fuel price increase from between N158 and N162 per litre to N168 and N170.

In an announcement on Monday, the NLC president, Ayuba Wabba, stated the hike was “against the spirit and content material” of what organised labour agreed with the federal government on the final negotiations.

Wabba made it clear that Nigerians can not suffer for government’s failure to handle the refineries.

He requested the federal government to declare a state of emergency within the downstream petroleum sector and as a observe as much as this, enter into contract refining with refineries nearer residence.

This, the NLC identified, would be certain that the price of supplying crude oil is negotiated away from the prevailing international market rate and thus result in decreased landing cost.

Read more: NLC to Fed Govt: devise recovery plan to protect jobs, income

The congress underlined the necessity for the federal government to stamp out the smuggling of petroleum merchandise in another country and prosecute smugglers.

Wabba added, “in keeping with our latest agreement with the federal government, we will likely be receiving updates within the subsequent few days from our unions within the petroleum sector which have been given the mandate to maintain surveillance on government guarantees to overhaul our public refineries.

“We may even obtain updates from our representatives within the electricity review committee. The updates we obtain will decide whether or not the federal government has stored to its aspect of the cut price which is to take critical steps to get well and reposition our public refineries.

“The end result of this engagement will decide our response within the coming days. However whereas we’re at that, we condemn the latest worth improve and we name for its reversal with fast impact.”

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