The Nigerian Labour Congress NLC has reacted to the new petrol pump price by the federal government and said” the increase is against the spirit and content of what Organized Labour agreed with governmentt at the last negotiations over the last fuel price increase”
The Union’s National President, Ayuba Wabba, who made this known in a statement said the latest hike in price of petrol has only exacerbated the current level of pain and anguish in the country.
According to him, the development has also cast in very bad light, our utmost good faith with regards to governmentt explanation 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 on millions.
Wabba said while the NLC await the recovery of the nation’s refineries as contained in its agreement with governmentt,it condemned the recent price increase and called for its reversal with immediate effect.
The also said that the updates it received from members from the electricity and petroleum sectors will inform its next step.
