Labour unions in Nigeria differ on strike decision after 200% petrol price hike. NLC calls for action, while TUC waits until meeting with the government tomorrow.
, yesterday, differed on whether to proceed on strike over the development in the coming days or not. , yesterday, differed on whether to proceed on strike over the development in the coming days or not.
The president of the union, Joe Ajaero, said that the organised labour would have no choice but to withdraw their services if the increment in prices is not reversed before next week Tuesday. Ajaero said: “The NLC decided that if by Wednesday next week the NNPCL, a private limited liability company that illegally announced a price regime in the oil sector refuses to reverse itself for negotiation to continue, the NLC and all its affiliates will withdraw their services and commence protests nationwide until this is complied with.
The President of the TUC, Festus Osifo, who also spoke yesterday in Abuja after the group’s emergency National Executive Council meeting, explained that while it condemns the unilateral decision of the NNPCL to increase fuel prices, the National Administrative Council of TUC has been empowered to unveil its Charter of Demands to the Federal Government’s team at tomorrow’s meeting.
The governors, however, expressed concern over the sudden hike in petrol prices following the president’s inaugural speech. He spoke while responding to a question on what the states were going to do to ameliorate the suffering of Nigerians in the face of current realities, “Let us create competition in the market; there is no how any reasonable mind will encourage monopoly, anywhere in the world. Let the forces of the market determine prices; let demand and supply be at play. So those are the things I think we should do.
In a statement yesterday, Okumagba, a former Commissioner for Finance in Delta State, lauded the president for phasing out the petrol subsidy regime, which has increasingly favoured the rich more than the poor. Rafsanjani also called on the president to immediately address Nigerians on proposed measures and plans for the removal, including mainstreaming the concerns of civil servants and other Nigerians who earn minimum wage.
He noted that given the purchasing capacity of common Nigerians and the rising inflation level that has rendered the majority of households incapacitated to afford basic goods and services, adequate and sustainable measures must be instituted by the Federal Government to mitigate the impact of the removal.
Following incidences of long queues experienced nationwide due to frequent shortages of petroleum products in 1974 and 1975, the Federal Government had through the decree promulgated in 1975, introduced equalisation scheme to unify prices of petroleum products across the country. Ahmed stated that the NMDPRA and the Federal Competition and Consumer Protection Commission would aggressively monitor activities in the downstream sector to prevent profiteering by petroleum marketers.
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