The Nigeria Labour Congress (NLC) has asked the Federal Government to revert to the N121 old price at which petrol was sold during the lockdown to control COVID -19.
The NLC said it rejected the new upward reviewed pricing band for the Premium Motor Spirit (PMS) otherwise known as petrol.
The federal government on Wednesday through the Petroleum Pricing Marketing Company (PPMC) increased the ex-depot price of petrol from N138 to NN151.56 per litre, triggering marketers to increase pump price from N148 to N162 per litre.
“We demand that the Federal Government reverts to the old price of N121 given during the lockdown associated with COVID-19 pandemic which Nigerians who were mainly confined in their houses hardly enjoyed.
“We also renew our call for a national conversation on the management of our oil assets which we insist must be in tandem with the provisions our country’s constitution which clearly mandates that the commanding heights of our national economy must be held by the government in the interest of the citizens of Nigeria,” the NLC said.