The Nigeria Labour Congress has kicked against the increased pump price of Premium Motor Spirit, PMS, otherwise known as petrol from N488 to N617 per litre
Reacting to the development, head information and public affairs of the congress, Comrade Benson Upah said the increase poses a significant threat to the socio-economic well-being of the citizenry, their businesses, incomes and livelihood.
The union told the federal government to retrace its steps from the journey of possibly driving fuel towards N1,000 per litre.
He said the congress is yet to be convinced how development is helpful to the people or the economy or how it renews the hope of the people.
He said, “This increment is unacceptable to us at the Congress because it poses a significant threat to the socio-economic well-being of the citizenry, their businesses, incomes, livelihood, everything!”
We had said earlier that no reasonable government acting reasonably, leaves its national currency entirely to the storms of the Market as this could lead to unintended consequences”.
“The new pump price is suggestive of the fact that the pump price could rise to N1000 or more per a litre any time soon. It makes planning difficult and life uncertain.
We advise the government to retrace its steps from this journey. The people are not happy. Their calmness should not be taken for granted”, he added.
