The NLC, in statement signed by its General Secretary, Dr Peter Ozo-Eson said the new price of N145 per litre “represents the height of insensitivity and impunity and shall be resisted by the Nigeria Labour Congress and its civil society allies.”
“With the unjustifiable electricity tariff and other economic challenges brought on by the devaluation of the naira and inflation, the least one had expected was another policy measure that would make life miserable for the ordinary Nigerian.
“The latest increase is the most audacious and cruel in the history of product price increase as it represents not only about 80 per cent increase but it is tied to the black market exchange rate. It urged the government to revert the prices to what they were, saying that it was
“ridiculous and fallacious” for the government to say that “this increase was arrived at after due consultation with stakeholders”.
It says that by Friday, the NLC would decide on the next line of action, advising all its affiliates, state councils and civil society allies to commence mobilization immediately for resistance action against the new price.