News

NLC rejects hike in fuel price, fears litre’ll soon sell for N1,000

The Nigeria Labour Congress (NLC) has rejected the hike in fuel price, warning the Federal Government not to take Nigerians for granted.

While rejecting the new pump price of N617 in Abuja and other increments, the organised labour feared that the price of fuel would soon reach N1,000 per litre.

Fuel queues resurface in Lagos as pump price hits N600  

NLC’s Head of Information and Public Affairs, Comrade Benson Upah, on Tuesday stated that Nigerians are already finding it difficult to survive as a result of the subsidy removal.

He said: “This increment is unacceptable to us at the Congress because it poses a significant threat to the socio-economic wellbeing of the citizenry, their businesses, incomes, livelihood, everything!

“The new pump price is suggestive of the fact that the pump price could rise to N1,000 or more per a litre any time soon. It makes planning difficult and life uncertain!

“We are yet to be convinced how this is helpful to the people or the economy or how it renews the hope of the people.

“We advise the government to retrace its steps from this journey. The people are not happy. Their calmness should not be taken for granted. If Baby Steps inflict this level of pain, we wonder what Adult Steps would!”

The Star

Editor

Recent Posts

Trump appoints U.S. governor as interior secretary

United States President-elect Donald Trump has announced that North Dakota Governor Doug Burgum will be…

6 hours ago

Ogun LG election: Abiodun declares Friday public holiday

Ogun State Governor Dapo Abiodun has declared Friday, November 15, 2024, as a public holiday…

6 hours ago

Ondo election: 3 guber candidates withdraw for Aiyedatiwa

Three gubernatorial candidates have withdrawn from Saturday’s governorship election in Ondo State after endorsing Governor…

6 hours ago

UBA to raise N239.4bn via rights issue

The United Bank for Africa (UBA) Plc has announced that it will raise N239.4 billion…

6 hours ago

Super Eagles qualify for AFCON 2025

The Super Eagles of Nigeria on Thursday secured qualification to the 2025 Africa Cup of…

6 hours ago

FG proposes N47.9trn as 2025 budget

The Federal Government has proposed the sum of N47.9 trillion for the 2025 fiscal year…

7 hours ago

This website uses cookies.