NLC Rejects increase in fuel price,Calls for Mass Action and Immediate Reversal.
Pqconnect 
The Nigerian Labour Congress (NLC) has asked the Nigerian government to reverse the latest increase in petrol prices.
In a statement on Wednesday, the NLC President, Joe Ajaero, said the hike had worsened poverty across the country and offered no tangible benefits to the economy.
Pqconnect had reported that petrol prices surged to N1,030 per litre at NNPCL outlets in Abuja, the nation’s capital, while stations in Lagos were selling the commodity at N998 per litre.
The abrupt rise came after the NNPCL withdrew from its exclusive role as the sole petrol buyer from the Dangote Refinery, which had been central to the government’s pricing strategy.
Mr Ajaero said the congress was dismayed by the latest price regime, adding that “It looks like the only thing this government is known for is an increase in the pump price of petrol without the commensurate capacity of Nigerians or mitigatory measures.”
He warned that the increment would further deepen poverty as production capacities dip and more jobs will be lost with multidimensional adverse effects.
Thereafter, he asked the government to reverse the price hike immediately.
“In light of this, we urge the government to immediately reverse this rate hike as previous increase did not produce any good results. People only got poorer,” Mr Ajaero said.
