Joe Ajaero, NLC President
The Nigerian Labour Congress, NLC, on Friday after an emergency meeting of its executive council in Abuja, has demanded that the hike in the price of petrol should be reversed.
NLC president Joe Ajaero, said the union will go on strike from Wednesday to protest against a tripling of fuel prices in what would be the first big test for new President Bola Tinubu after he scrapped a costly fuel subsidy at his inauguration day on May 29.
“The Nigeria Labour Congress decided that if by Wednesday next week that NNPC, a private limited liability company that illegally announced a price regime in the oil sector, refuses to revert itself for negotiations to continue, that the Nigeria Labour Congress and all its affiliates will withdraw their services and commence protests nationwide until this is complied with,” Ajaero said.
The fuel subsidy costs the government billions of dollars annually but is popular as it helped keep prices low in Africa’s biggest oil producer.
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