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General News of Sunday, 2 January 2022

Source: www.mynigeria.com

Fuel price increase: NLC writes FG, threatens to shut down Nigeria

Nigerian Labour Congress Nigerian Labour Congress

The Nigeria Labour Congress (NLC) is not about to back down on its objection to the plan by the federal government to hike petrol price and electricity tariff.

Labour vowed yesterday to shut down the country should government proceed with the planned price hike in the new year.

Nigerians, it said in its new year message, have had enough of what it labeled anti-people policies and would not tolerate such any longer.

In the message signed by NLC President Ayuba Wabba, congress declared that Nigerians “have suffered enough and will not endure more punishment by way of further petrol and electricity price increases.”

It hinged its opposition to the planned fuel price hike on four points including “deceit and duplicity associated with the politics of ‘petrol price increase’ by successive Nigerian governments” and government’s inability to make the nation’s refineries function.

Finance, Budget and National Planning Minister Zainab Ahmed had announced, last year, that the government would remove fuel subsidy and replace it with a monthly N5,000 transport grant to about 40 million poor Nigerians.

The subsidy removal will automatically result in an increase in petrol price and other costs of living.

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