New Refineries, Solution to Fuel Subsidy Saga – NLC

The Nigeria Labour Congress, (NLC), has declared that the lasting solution to the crisis associated with petrol subsidy removal could only be resolved through the construction of new refineries in the country.

While coordinating the suspended protest, in Ondo State on Wednesday, the NLC President, Comrade Ayuba Wabba, who was represented by the National General Secretary, Radio, Television and Theatre Arts Workers Union (RATTAWU), Comrade Akpausoh Akpausoh, spoke on why the planned nationwide rally against proposed increase in pump price was suspended.

Comrade Wabba said the several attempts to resuscitate the existing refineries had failed with over $10bilion going down the drain.

Comrade Wabba, therefore, declared that the only way out of the fuel subsidiary crisis was for the Federal Government to establish another set of refineries and revamp new ones, so that the importation of finished products of crude oil would come to an end.

In a remark, the Ondo State Chairman of NLC, Comrade Sunday Adeleye represented by his Vice Chairman, Comrade Victor Amoko said there was no way the oil industry crisis would not persist if the refineries in the country remain moribund.

While lamenting economic crunch facing Nigerians, the Ondo State Chairman of the Joint Negotiating Council, (JNC), Comrade Oluwaniyi Fabunmi, appealed to the Federal Government to set a timeline in revamping old refineries and constructing new ones.

Leke Adegbite