NLC rejects fuel price hike, slams Buhari govt

The Nigeria Labour Congress has in strong terms rejected the fuel price hike from between N158 and N162 per litre to N168 and N170.

The workforce stated that the decision to hike the pump price of PM has worsened the level of anguish in the country.

In a statement on Monday, entitled, ‘The NLC condemns and rejects the recent increase in the price of petrol,’ it argued that Nigerians cannot be made to suffer for the failure of the government to manage the refineries.

The NLC President, Ayuba Wabba noted that the hike has also “cast in very bad light our utmost good faith with regards to government explanations that it lacks funds to continue bankrolling the so-called subsidy payments as such would sooner than later cripple the entire economy, throw the country into severe economic crisis and cause loss of jobs in millions.”

It stated, “We will be receiving updates in the next few days from our unions in the petroleum sector which have been given the mandate to keep surveillance on government promise to overhaul our public refineries. We will also receive updates from our representatives in the electricity review committee.

“The updates we receive will determine whether the government has kept to its side of the bargain which is to take serious steps to recover and reposition our public refineries. The outcome of this engagement will determine our response in the coming days. But while we are at that, we condemn the recent price increase and we call for its reversal with immediate effect.”