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NLC rejects fuel price hike

The Nigeria Labour Congress on Thursday rejected the new fuel price of N143.8 per litre announced Wednesday by the Petroleum Products Price Regulatory Agency.

NLC President Ayuba Wabba, in a statement, said the hike“might just be the last straw that would break the camel’s back,” noting that the prices of crude oil in the international market had only slightly increased from the previous price before the downward review was announced two months ago.

Wabba described the fuel price increase and the proposed electricity tariff hike as “potent threat to run millions of Nigerians under.”

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“Nigerians would recall that the last downward review in the price of petrol was at the beginning of the COVID-19 lockdown. The economic benefits of the so-called downward review were hardly enjoyed by ordinary Nigerians who were mostly indoors.

“Just as the lockdown is being eased out and as soon as the interstate travel ban was lifted, the government decided to hike the petrol price. Nigerian people and workers are forced to interpret this move as grand mischief and deceit,” he said.

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