November 07, 2016

NLC Warns: Don't Dare Increase Fuel Price Again

The Nigeria Labour Congress has warned the Federal Government against any further increase in the pump price of petroleum products, especially Premium Motor Spirit, otherwise called petrol.

The warning is coming as the retail stations of the Nigerian Petroleum Corporations in Abuja and its environs have increased the pump price from the initial N141 of the PMS to N145.
Similarly, some private marketers of petroleum products are now selling petrol in their outlets at N150 per litre.

A Punch correspondents reported that some filling stations in Lagos and Ogun states had refrained from selling the product.

For instance, the Oando filling stations at Alapere and Berger as well as the Mobil filling station at the Magodo Estate gate did not dispense the product to members of the public since Friday.

The Ascon and NNPC stations between Arepo and Magboro, off Lagos-Ibadan Expressway, did not sell the product on Sunday, raising fears of another round of fuel scarcity.

The General Secretary, NLC, Dr. Peter Ozo-Eson, said that it would be insensitive on the part of the government to increase fuel price in view of the current hardship in the land.

Ozo-Eson added, “Well, we have been clear on this matter from the beginning that once you submit the determination of the prices of the products to the market, the way they are doing it in an import regime, that will devalue the naira. Therefore, they will come back and tell you the prices are not realistic. We knew that from the beginning and we said so.

“The fact of the matter is that any attempt to increase price of fuel now, given the level of hardship and the level of suffering Nigerians are going through, will be regarded as extremely insensitive.”

3 comments:

Hassan Aderemi said...

We will not take it ( in Orubebe's voice), people are going through hell already with price of goods & services in the country.

ats three said...

In this recession, biko they shouldn't ooo

Anonymous said...

It has already increase in some places