Ayuba Wabba, President of the Nigeria Labour Congress (NLC), has warned that it will reject any attempt by the Federal Government to increase price of Premium Motor Spirit (PMS), better known as petrol.
Wabba stated this on Friday at NLC’s 5th Delegates’ Conference in Lagos.
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, had on Thursday, said the corporation can no longer bear the cost of fuel subsidy for Nigerians.
Kyari, while speaking at a ministerial briefing in Abuja, stated that the pump price of fuel could have been selling for between N211 and N234, if not for subsidy paid for by the NNPC.
“The price could have been anywhere between N211 and N234 to the litre. The meaning of this is that consumers are not paying for the full value of the PMS that we are consuming and therefore someone is paying that cost”, Kyari had said.
“As we speak today, the difference is being carried in the books of NNPC and I can confirm to you that NNPC may no longer be in a position to carry that burden.”
Wabba, while responding to the comment, said Nigerians are facing hardship already, adding that many cannot even afford a meal per day.
“There are issues the Federal Government has not been able to address, so they transfer them to ordinary Nigerians. Already, Nigerians are at the peak, in fact, we have been pushed to the wall. Many cannot even afford a meal per day and therefore, increasing the price of this very important commodity will exacerbate the current very bad situation.
“We have said clearly that we’ll continue to resist. We say that without mincing words, to say that those are some of the policies we think have been a recurring decimal.
The organised labour in the country are currently in talks with the federal government over price of petrol and electricity tariffs.
The NNPC, through its Group General Manager, Group Public Affairs, Kennie Obateru, announced that it will not increase pump price of petrol until the end of talks between the government and the organised labour.