Labour Laments Over Increase In Pump Price Of Fuel
•••Says It Will Deepen Poverty
•By Our Reporter
ABUJA – President of the Nigeria Labour Congress, Comrade Joe Ajaero has criticised the Federal Government over the latest increment in the pump price of fuel, saying it appears that is the only thing it is conversant with now.
According to the NLC, Labour is dismayed by the latest increase in the pump price of petrol.
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“It looks like the only thing this government is known for is increase in the pump price of petrol without commensurate capacity of Nigerians or mitigatory measures.
“Even following the logic of market forces , we find it an aberration that a private company (NNPCL) is the one fixing prices and projecting itself as a hegemonic monopoly,” Ajaero stated in his reaction on Wednesday.
He challenged the government to go to the drawing board and present us with a blueprint for an inclusive economic growth and national development instead of this spasmodic ad hocism and palliative policy.
Labour also lamented that the latest wave of increase has grossly altered the calculations of Nigerians once again at a time they were reluctantly coming to terms with their new realities.
His words, “it will further deepen poverty as production capacities dip, more jobs lost with multidimensional negative effects.
“In light of this, we urge the government to immediately reverse this rate hike as previous increases did not produce any good result. People only got poorer.
“But more fundamentally, the government should be bold enough to tell Nigerians in advance the destination it wants to take the country.”