Categories: General Updates

NLC, PDP Reject Petrol Price Hike, Demand Reversal

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The Nigeria Labour Congress (NLC) and the Peoples Democratic Party (PDP) yesterday kicked against the new fuel price of N143.80k announced by the Petroleum Products Pricing Regulatory Agency (PPPRA).

They described the fuel price hike, which PPPRA announced on Wednesday, as inhumane and unjustifiable.

NLC, in a statement yesterday, said: “This might just be the last straw that would break the camel’s back.”

The congress demanded a reversal of the pump price to the old price, saying that the prices of crude oil in the international market had only slightly increased from the previous price before the downward review was announced two months ago.

The NLC President, Mr. Ayuba Wabba, in the statement, described the hike in the fuel pump price and the proposed electricity tariff hike as a “potent threat to run millions of Nigerians under.”

He asked the federal government to rehabilitate the refineries and disclose the timelines for this.

Wabba berated the PPPRA Executive Secretary, Mr. Saidu Abdulkadir, for the fuel price hike, noting that “he did not even feign pretence that government has abdicated its responsibility to protect Nigerians from the cut-throat tendencies of neo-liberal market forces.”

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