NLC rejects increase in petrol price from N148.50 to N162 per litre

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The Nigerian Labour Congress, NLC, has rejected the increase in the price of petrol, otherwise known as Primium Motor Spirit, PMS from N148.50 to N162 per litre.

NLC President, Comrade Ayuba Wabba, disclosed the stand of the labour in Abuja on Wednesday, saying that the situation is “like adding insult to injury”.
Wabba stated that the recent increase in petrol price is coming at a difficult time when many Nigerians are passing through perilous time, adding that Nigerians are being taken for granted in this regard.

According to Wabba, “Nigerians and even the NLC are shocked about the increase and this increase is coming at a time when many Nigerians are passing through very precarious times. It is like Nigerians are being taken for a ride”

He said, “The increase in price of petroleum has happened now more than three times in three months, only yesterday they hiked the tariff of electricity”
The NLC boss asserted that the CBN, which also reduced the interest rate of savings compounded the issue as that would definitely affects the poor and the vulnerables in the society.

“At the end of the day, Nigerians are becoming poorer and poorer, in fact many people are already on the edge. Many workers are already on the edge.

“The organised labour therefore rejects the increase in price of the product in the strongest terms.

“Certainly, we cannot guarantee industrial peace and harmony, and we will have to call our organs and we will have to also react but we reject it in its entirety.

“They have betrayed the trust of Nigerians, for Nigerians to be protected against the economic challenge that is affecting us,” he said.

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