NLC Rejects Planned Petrol Price Increase

The Nigeria Labour Congress NLC has called on the Federal Government to consider options to help the country embrace developmental governance and accountable leadership, while rejecting the planned petroleum price increase.

NLC President, Ayuba Wabba, made the call in a statement he issued to newsmen in Abuja, entitled: ”Nigerian workers refused to take the bait’’.

According to him, the Group Managing Director, Nigerian National Petroleum Corporation NNPC, Mele Kyari, announced that petrol could cost as much as 340 naira from February 2022.

Wabba described as “comical“ the bait by the government to pay 40 million Nigerians 5 thousand naira as palliative, to cushion the effect of astronomical increase in the price of petrol.

He said that the total amount involved what he called “queer initiative“ was far more than the money government claimed to spend currently on fuel subsidy.

Wabba noted that the Minister of Finance, Budget and National Planning, Zainab Ahmed, re-echoed same on Tuesday at the launch of the World Bank’s Nigeria Development Update NDU.