NLC rejects fuel price hike, says it’s violation of agreement with FG

NLC rejects fuel price hike, says it’s violation of agreement with FG

The Nigeria Labour Congress has rejected the fuel price hike from between N158 and N162 per litre to N168 and N170, stating that it has worsen

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The Nigeria Labour Congress has rejected the fuel price hike from between N158 and N162 per litre to N168 and N170, stating that it has worsened the level of anguish in the country, adding that the increase in the pump price of petrol was “against the spirit and content” of what organised labour agreed with government at the last negotiations over the last fuel price increase.

Reacting to the development in a statement on Monday, titled, ‘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.”

The congress stressed that the nation would not have been in this precarious situation if the government had been alive to its responsibilities, noting that there was a limit to what the citizens can tolerate if the price hike led to increase in the cost of foods and services.

It asked the government to declare a state of emergency in the downstream petroleum sector and as a follow up to this, enter into contract refining with refineries closer home. This, the NLC pointed out would ensure that the cost of supplying crude oil is negotiated away from the prevailing international market rate and thus lead to reduced landing cost.

The congress underlined the need for the government to stamp out the smuggling of petroleum products out of the country and prosecute smugglers. It stated, “We need to see big-time petroleum smugglers arraigned in the court of law and made to pay for their crimes against the Nigerian people. Government has the resources available to it to ensure this economic justice to Nigerians.

The union said it was strange for the nation to depend on the Dangote refinery to satisfy the nation’s petrol needs, emphasizing the need for a review of the process of licensing for modular and bigger refineries.

It stated, “In line with our recent agreement with the government, 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.”

Punch