NLC rejects new pump prices of Petrol

By Newslineglobal

President of the Nigerian Labour Congress,NLC, Comrade Joe Ajaero, has rejected the  fuel price increase announced  on Wednesday ,May31,2023, by the Nigeria National Petroluem Corporation Limited,NNPCL, saying the “fixing of price is not what government could do unilaterally” 

 The NNPCL earlier confirmed the full deregulation of the downstream sector of the NNPC with petrol now selling at market price following the removal of subsidy by President Bola Tinubu .

NNPC, in a statement by its chief corporate communications officer, Garba Deen Muhammad on Wednesday, said pump price at its retail stations have been adjusted 

NNPCL had earlier directed its outlets nationwide to sell fuel between N480 and N570 per litre , what Buhari failed to do in 8 years, 

 Garba Deen Muhammad, Chief Corporate Communications Officer, NNPC Ltd, had said the price adjustment was made in line with “market realities”. 

Reacting to the development, NLC President, Comrade Joe Ajaero, who briefed journalists at Labour House, Abuja, on Wednesday, May 31st, said the congress would not accept that. Ajaero noted that the fixing of price is not what government could do unilaterally. The NLC argued that the decision to announce a new pump price regime was against the interest of social dialogue, 

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