NNPC debunks fresh fuel hike nationwide

The retail arm of the Nigeria National Petroleum Company Limited, NNPC has refuted rumours that it is working on a new proposal to raise the price of Premium Motor Spirit, known as petrol.

This was contained in a message posted on its X handle, (formerly Twitter) on Tuesday urged customers to disregard the speculations that there are fresh plans to raise the price of petrol from the current N617 per litre to between N720 and N750 per litre.

It said,

“Dear esteemed customers, we at NNPCL Retail value your patronage, and we do not have the intention to increase our PMS pump prices as widely speculated.

“Please buy the best quality products at the most affordable prices at our NNPCL Retail stations nationwide.”

Freshreporters had noted that this comes after Nigeria Labour Congress, NLC warned that its members will commence a nationwide strike action without any formal notice to the Federal Government if there is any further increase in the pump price of petrol while the ongoing negotiations are not concluded and palliatives put in place first.

This was said by the Labour Congress, President, Comrade Joe Ajaero. He stated this at the ongoing African Alliance of Trade Unions meeting in Abuja on 14th of August, 2023.

While reacting to the advice of the Registrar of Trade Unions on how labour should conduct themselves as they carry out their responsibilities of protecting the interest of workers and Nigerians by extension, Ajaero, pleaded with the Federal government to change “those bad economic policies that make our wages next to nothing.

“As we’re here now. They’re contemplating increasing the pump price of petroleum products. But the Minister of Labor for some time now, will only go to the Minister of Justice to come up with an injunction to hold the hands of labour not to respond. They have started floating ideas of a likely increase in the price of petroleum products.

But let me say this. Nigeria workers will not give any strike notice if we have not addressed the consequences of the last two increases in fuel pump price, and we wake up from asleep to hear that they have tampered with the fuel pump price again.”[CONTINUE READING HERE]>>>