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  • Oil & Gas - News
  • Updated: November 22, 2020

FG To Meet Labour Over Petrol Price Today

FG To Meet Labour Over Petrol Price Today

The Federal Government and Organised Labour will meet this evening over the recent hike in the pump price of Premium Motor Spirit, PMS, commonly known as petrol that shocked Labour leaders and Nigerians in the wake of tension created by the September increment.

Affiliates of Nigeria Labour Congress, NLC, and their Trade Union Congress of Nigeria, TUC, counterparts, are already grumbling over the consequences of the new pump price of N170 per litre of fuel which NLC and TUC have rejected.

In fact, NLC and TUC see the recent increment as a breach of the agreement Organised Labour reached with Federal Government that led to the suspension of the planned nationwide strike and mass protest on the eve of commencement on September 28.

Agents of the Federal Government have become uncomfortable with the NLC and TUC reactions to the Friday, November 9 petrol price hike in the wake of the mayhem that followed the hijack of the recent #EndSARS protests by hoodlums, Vanguard gathered.

The meeting, according to reports is slated for 7 pm today.

One of the Labour leaders, who spoke to Vanguard, said the government is taking Labour’s magnanimity for weakness and has decided to act with impunity to worsen poverty in the country.

READ MORE: Fuel Price Hike: NLC Condemns Fresh Increase, Says New Price Will Increase Anguish Of Nigerians

“I am sure that government officials may have remembered that we only suspended the planned strike for two weeks from September 28. The issues surrounding the last increase in pump price of petrol and electricity tariff are yet to be concluded. Definitely, this last increment is a betrayal of trust and understanding”, he said.

Recall that early last week, NLC and TUC, in separate statements, while rejecting the pump price increment, accused the government of deceit.

NLC, in a statement by the President of NLC, Ayuba Wabba, warned against pushing workers and Nigerian masses to the wall, saying “The truth is that we would not have been in this precarious situation if government had been alive to its responsibilities. There is a limit to what the citizens can tolerate if this abysmal increases in the price of refined petroleum products and other essential goods and services continue. While we fix our refineries, there are a number of options open to government to stem the tide of high prices of refined petroleum products.

“One is for government to declare a state of emergency in our downstream petroleum sector. As a follow up to this, government should enter into contract refining with refineries closer home to Nigeria. This will ensure that the cost of supplying of crude oil is negotiated away from prevailing international market rate so that the landing cost of refined petroleum products is significantly reduced”.

AllNews recalls that the TUC had in a statement against the recent hike in fuel price last week accused the Nigeria National Petroleum Corporations (NNPC) of holding on to the monopoly of the importation of fuel.
 

 

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