Subsidy palaver: Revert to old price or face nationwide strike, Labour tells Tinubu

The labour movement in the country has given President Bola Tinubu until Wednesday next week to revert to the old N194 pump price for petrol or face a nationwide strike.

Labour, which also called for the  probe of the fuel subsidy regime in the country, asked the Nigerian National Petroleum Company Limited, NNPCL, to give  a proper account of the amount of petroleum products Nigerians consume daily, accusing the  company of refusing to disclosed beneficiaries of the subsidy and landing cost of petroleum products.
Nigeria Labour Congress, NLC, President Mr. Joe Ajaero, who addressed newsmen in Abuja, Friday, after the union’s extensive National Executive Council, NEC, meeting, 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 announce revert itself for negotiation to continue, that the NLC and all its affiliates, will withdraw their services and commence protests nationwide until this is complied with.
“The NNPCL doesn’t have the monopoly to act illegally even as a private company. The NLC NEC therefore directed all state councils and all industrial unions to commence mobilisation from this moment to make sure that this action is enforced. The action has commenced at this moment.
“The Nigeria Labour Congress is calling for a thorough probe in the process of subsidy to know those involved and the amount involved. Investigate it properly before it is swept under the carpet.
“The current attempt to sweep the fraudulent practices in the subsidy regime should not be tolerated by all well-meaning Nigerians,” he added.

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