meta content='GOSSIP, GISTS, EVERYTHING UNLIMITED' name='description'/> GOSSIP, GISTS, EVERYTHING UNLIMITED: NLC warns Jonathan Against Fuel Price Hike

Saturday 17 November 2012

NLC warns Jonathan Against Fuel Price Hike

NLC President, Mr Abdulwaheed Omar


The Nigeria Labour Congress has warned the Federal Government against any surreptitious move to increase the price of petroleum products in the country.

NLC President, Mr. Abdulwahed Omar, warned in a statement on Friday that any increase in the price of fuel would lead to a crisis as the congress would call out Nigerians to resist it.

Omar called on President Goodluck Jonathan to focus government attention on the need to frontally tackle the corruption that had held the nation’s oil sector hostage.



He urged the President to ensure the prosecution of those indicted for subsidy fraud and the diversion of N1.7tn funds meant for the industry, rather than venturing into a total removal of petroleum subsidy, which he said would not be resisted.

He faulted the President’s claim that local refining of petroleum products could only be effectively carried out by private sector operators, stressing that the nation’s refineries were effectively managed until they came under a regime of corruption foisted on them by corrupt government officials.

He warned that any increase in the prices of petroleum products would culminate in a crisis that would surpass the last January anti-fuel price hike demonstration.

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