*The Nigeria Labour Congress insists the removal of fuel subsidy will expose the Nigerian workers and entire consumers to acute deprivation and hyper-inflation trend, as it urges the Federal Government to promote local capacity to refine petroleum products for domestic use

Alexander Davis | 绿帽献妻

The Nigeria Labour Congress (NLC) National Executive Council (NEC) has explained the rationale behind its recent stance on rejecting and resisting the planned increase in the pump price of petrol by the Federal Government.

绿帽献妻 reports the Labour body noted in a recent statement that the government鈥檚 reported proposed increase in petrol price in the country is 鈥渆xtremely insensitive to the acute hardship being experienced by Nigerian workers and people.鈥�

The NLC in the communiqu茅 Mr. Ayuba Wabba, President; and Mr. Emmanuel Ugboaja, General Secretary of NLC issued Friday, December 17, 2021, in Abuja, FCT, after the NEC meeting. Friday in Abuja and

According to the Organised Labour, removal of the fuel subsidy would expose Nigerian workers in particular and consumers in general to acute deprivation and deteriorate the inflationary trend in the West African country.

The National Executive Council of NLC also stated that it resolved to hold a national protest February 1, 2022, against plans by the Federal Government to remove fuel subsidy.

The Labour union, the statement also noted, will hold protest rallies in all the 36 states of the country January 27, 2022, against the subsidy removal in the Nigerian economy.

Workers鈥� union said that the proposed removal of fuel subsidy by June 2022 would expose the Nigerian workforce and the entire citizenry to acute deprivation and lack.

The NLC further stated: 鈥淭he NEC, therefore, resolved to reject and resist the planned increase in the pump price of petrol by the Federal Government, as it is extremely insensitive to the acute hardship being experienced by Nigerian workers and people.

鈥淧ursuant to its rejection and resistance of further increase in the price of petrol, to organise protest rallies in all the 36 States of the Federation on Jan. 27, 2022.鈥�

The Labour union also said: 鈥淭his would culminate in the submission of protest letters to all the 36 State Governors. Subsequently, a National Protest will take place on Feb. 1, 2022 in Abuja.

鈥淚n case government decides to announce new petrol prices before the proposed protests, the protest will kick-off instantly and without any other further notice in every state of the federation and the Federal Capital Territory.鈥�

The NLC, threrefore, urged the Federal Government to promote local capacity to refine petroleum products for domestic use.

The body as well couselled the government to adopt effective economic policies to halt the trend of hyper-inflation in the prices of basic goods and services, especially essential commodities, cooking gas and building materials.

The inflation alone has put additional pressure on the lean income of Nigerian workers and other consumers as it has made life 鈥渢erribly unbearable for the poor,鈥� said the NLC.

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