NLC Set to Protest New Petrol Price

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NLC Set to Protest New Petrol Price

By Correspondent

Barring any last minute change, the Nigeria Labor Congress (NLC), may embark on a mass protest, apparently to resist the new fuel pump price set by the Federal Government (FG). Information has it that the NLC may have commenced consultations with its allies in the civil society to protest the adoption of price modulation for petrol prices. It was gathered that the said protest would be perfected during the National Executive Council (NEC) meeting of the NLC. In his New Year message to Nigerian workers in Abuja, NLC President, Ayuba Wabba, argued that the earlier reduction of 50Kobo on a litre of petrol remains a gimmick to introduce deregulation policy through the back door. “What we are against is the IMF-inspired fuel price deregulation. The current 50 Kobo reduction in fuel price is obviously a gimmick. The pathway of international financial institutions, which the current fuel subsidy removal act is taking, will lead to increases in fuel pump price and attendant worsening of the hardships of poor working people,” he said. “We are against the corrupt enrichment of a few that has gone with scams in the name of fuel subsidies. But it does not have to be taken as given that corruption in oil sector cannot be tamed. “Equally, while we commend efforts at getting the present refineries capacity utilisation levels increased, we call on the federal government to be more creative for us to ably expand refining capacity by building decentralised modular refineries. Noting that the State of Texas alone in the United States of America has 26 refineries with a capacity of refining 4.72 million barrels per day, the NLC President said that Nigeria must, as a national priority, work to establish modern refineries that will provide 100% of our national needs. He adds that “One of the legacies of the misrule of the preceding years is the incidence of irregular and non-payment of payments of our retired civil servants and senior citizens. While salaries were being owed for up to nine months, the situation of the pensioners was worse as many states were in arrears of pension payment for between 12 months or more. “This sorry situation is against the background of virtually all recent past and serving governors awarding themselves scandalous end of tenure benefits while members of the legislature immorally awarding themselves outrageous retirement benefits running into hundreds of millions of Naira for serving their states, some for just a tenure of four years.”

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