The Nigeria Labour Congress, NLC has called on the Federal Government to allow market forces determine the pump price of petroleum products.
It would be recalled that the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC Mele Kyari, had stated that petrol price could reach 300 naira per litre once the Petroleum Industry Bill, PIB becomes a law.
However, the Minister of State for Petroleum, Timipre Sylva quenched fear of price hike by assuring that organised labour would be carried along.
Meanwhile, the National Administrative Council of the NLC is expected to meet tomorrow, Thursday to take an official position on the bill which was assented to by President Muhammadu Buhari on Monday.
NLC Deputy President Joe Ajaero also called on the government to make the country’s refineries work before it can deregulate the downstream sector.
