Economy

NLC Insists on Reversal of fuel Price.

The National Executive Council of the Nigeria Labour Congress has approved the 28th of this month for a nationwide protest and industrial action against the hike in the pump price of petrol and electricity tariff.

Briefing newsmen at end of its meeting in Abuja, NLC President, Comrade Ayuba Wabba said the NEC of NLC has reviewed the prevailing local and global petroleum prices and the impact of its hike as well as electricty tariff on workers and Nigerian masses.

He stated that NEC having analyzed the socioeconomic realities arising from govt decision has therefore adopted the ultimatum already served the govt to reverse its decision.

Comrade Wabba who frown at what he described as desperate attempts by government to force the new pump price of petrol and electricty tariff on Nigerians, stressed that the organised labour and its civil society allies would embark on massive nationwide protest at the expiration of the ultimatum on the 28th of this month.

Similarly, the Trade Union Congress of Nigeria, TUC after a meeting held to review its mobilisation strategies on the planned protest over the same issues, said the Congress was going to to collaborate with the Nigeria Labour Congress, NLC to execute the protest and the strike.

A statement by TUC President, Comrade Quadri Olayele explained that though the ultimatum earlier given to the Federal Government by TUC expired midnight of 22nd September but has resolved to shift it to the 28th of this month for effective and maximum impact.

The statement appealed to Nigerians to get ready for the unprecedented mass action and called on those especially in the informal sector to bear with the organised labour while the industrial action last.

COV/PR/AGI

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