The Nigeria Labour Congress has rejected the fuel price hike from between N158 and N160 per litre to between N168 and N170 , stating that it has worsened the level of anguish in the country .
It noted that the increase in the pump price of petrol was “ against the spirit and content ” of what the organised labour agreed with the government at the last negotiations over the last fuel price increase .
Reacting to the development in a statement in Abuja on Monday , the NLC President , Ayuba Wabba, noted that the hike had also “ cast in very bad light our utmost good faith with regards to government explanations that it lacks funds to continue bankrolling the so- called subsidy payments as such would sooner than later cripple the entire economy , throw the country into severe economic crisis and cause loss of jobs in millions. ”
The statement , titled ‘The NLC condemns and rejects the recent increase in the price of petrol ’ , said that Nigerians could not be made to suffer for the failure of the government to manage the refineries .
The congress stressed that the nation would not have been in a precarious situation if the government had been alive to its responsibilities , noting that there was a limit to what the citizens could tolerate .
It asked the government to declare a state of emergency in the downstream petroleum sector and as a follow up to this , enter into contract refining with refineries closer home.
This , the NLC pointed out , would ensure that the cost of supplying crude oil was negotiated away from the prevailing international market rate and thus lead to reduced landing cost .