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Thursday, May 12, 2016

Breaking News: Fuel price hike to N145 cruel: We shall resist this increase - NLC

The Nigeria Labour Congress (NLC) has described the hike in petrol pump price by the Federal Government from N86.50 to N145 as cruel, insisting they will resist the Wednesday proclamation, and summons emergency NEC meeting for Friday, May 13, reports ITRealms.

A press statement issued late last night by the Nigeria Labour Congress, endorsed by its General Secretary, Dr Peter Ozo-Eson, and made available to ITRealms, NLC said the unilateral increase in prices of petroleum products Wednesday by government represents the height of insensitivity and impunity that must be resisted.

NLC also said that it will resist the hike alongside all the well-meaning civil society groups, decrying that with the imposition on the citizenry of criminal and unjustifiable electricity tariff and resultant darkness and other economic challenges brought on by the devaluation of the Naira and spiraling inflation, the least one had expected at this point in time was another policy measure that would further make life more miserable for the ordinary Nigerian.

As said by NLC, the latest increase is the most audacious and cruel in the history of product price increase as It represents not only about 80 per cent increase but it is tied to the black market exchange rate.

Furthermore, NLC said, the process through which government arrived at this is both illogical and illegal as the board of the PPPRA is not duly constituted.

“In our previous statements and communiques, we had stressed the need for reconstituting the boards of NNPC and PPPRA and wean both away from the overbearing influence of the Minister of State for Petroleum Resources who has assumed the role of a sole administrator.

NLC said, the allusion to the fact that the this increase was arrived at after due consultation with stake holders is not only ridiculous and fallacious, because it goes to show that the brief meeting held today during which government was advised to shelve the idea until at least it meets with the appropriate organs of the Congress was in bad faith.

Accordingly, NLC said, they urged the government to revert the prices to what they were, stressing “We would want to put everybody on notice that we shall resist this criminal increase with every means legitimate."

Already an emergency NEC meeting has been scheduled for Friday, May 13, 2016 to decide on the next line of action. Meanwhile, our affiliates, state councils and civil society allies are requested to commence mobilization immediately.

Chuks Egbuna/GEE

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