Breaking News

Petrol price: NLC begins strike Wednesday

The Nigeria Labour Congress (NLC) has declared that it would commence a nationwide strike on Wednesday, June 7, as part of a protest over the hike in the price of Premium Motor Spirit (PMS), otherwise known as petrol.

The NLC President, Joe Ajaero, made the declaration at a press conference in Abuja on Friday, June 2.

Ajaero gave the Nigerian National Petroleum Company Limited (NNPCL) till Wednesday to return to the old price of N194 per litre or the NLC would direct its members to withdraw their services nationwide.

Rising from an extensive National Executive Council meeting in Abuja, Ajaero who told journalists the decision of the meeting with the major organs of the NLC, said the NNPCL on Wednesday, jerked up the pump prices of petrol by over 200 per cent, bringing the price of fuel to between N488 and N557 per litre.

He said: “The NLC decided that if by Wednesday next week the NNPCL, a private limited liability company, that illegally announced a price regime in the oil sector, refuses to announce revert itself for negotiation to continue, that the NLC and all its affiliates, will withdraw their services and commence protests nationwide until this is complied with.

READ ALSO: NNPCL: Dangote, other refineries won’t reduce petrol price

“The NNPCL doesn’t have the monopoly to act illegally even as a private company. The NLC NEC, therefore, directed all state councils and all industrial unions to commence mobilisation from this moment to make sure that this action is enforced. The action has commenced at this moment.”

The NPC President, who called for a probe of the subsidy regime, urged the NNPCL to ensure a proper account of the amount of petroleum products Nigerians consume daily.

Ajaero accused the NNPCL of refusing to disclose beneficiaries of subsidy and landing cost of petroleum products.

He added: “The Nigeria Labour Congress is calling for a thorough probe in the process of subsidy to know those involved and the amount involved. Investigate it properly before it is swept under the carpet.

“The current attempt to sweep the fraudulent practices in the subsidy regime should not be tolerated by all well-meaning Nigerians.”

It would be recalled that President Bola Tinubu at his inauguration as Nigeria’s President on May 29, declared that “fuel subsidy is gone”, a pronouncement which triggered a hike in the pump price of price and extended more economic hardship to Nigerians.

The pronouncement has however generated debates, with Labour insisting on the old pump price.

A meeting between the Federal Government and organised labour, on Wednesday, ended in a deadlock.

Both parties are however expected to resume negotiations on Sunday.

The Star

Segun Ojo

Recent Posts

2027: Gov Sule didn’t consult me on successor choice — Al-Makura

A former governor of Nasarawa State, Umaru Tanko Al-Makura, has said he was not consulted…

20 minutes ago

Seven killed, 60 injured in Ogun, Kano road crashes

At least seven people have died and 60 others sustained injuries in separate road accidents…

1 hour ago

Security forces rescue remaining 13 kidnap victims in Benue

Security operatives have rescued the remaining 13 passengers abducted by gunmen in Benue State, bringing…

2 hours ago

NGX investors gain N8.66trn in one week amid trading surge

The Nigerian Exchange Limited (NGX) recorded a strong weekly performance, with investors gaining N8.661 trillion…

3 hours ago

FCT teachers begin indefinite strike Monday

The State Wing Executive Council (SWEC) of the Nigeria Union of Teachers (NUT), Federal Capital…

3 hours ago

Messi scores winner as Inter Miami defeat Colorado on coach debut

Inter Miami captain Lionel Messi gifted the club's new coach a 3-2 victory over the…

4 hours ago

This website uses cookies.