HomeTop StoryWe’ll shut down Nigeria if fuel price increases - NLC

We’ll shut down Nigeria if fuel price increases – NLC

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The Nigeria Labour Congress (NLC) is not about to back down on its objection to the plan by the federal government to hike petrol price and electricity tariff.

Labour vowed yesterday to shut down the country should government proceed with the planned price hike in the new year.

Nigerians, it said in its new year message, have had enough of what it labeled anti-people policies and would not tolerate such any longer.

In the message signed by NLC President Ayuba Wabba, congress declared that Nigerians “have suffered enough and will not endure more punishment by way of further petrol and electricity price increases.”

It hinged its opposition to the planned fuel price hike on four points including “deceit and duplicity associated with the politics of ‘petrol price increase’ by successive Nigerian governments” and government’s inability to make the nation’s refineries function.

It said: “The truth is that the perennial increase by government of the pump price of petrol is actually a transfer of government failure and inability to effectively govern to the poor masses of our country.

“We are talking of the failure of government to manage Nigeria’s four oil refineries and inability to build new ones more than thirty years after the last petrochemical refinery in Port Harcourt was commissioned; the failure to rein in smuggling and the failure to determine empirically the quantity of petrol consumed in Nigeria.

“The shame takes a gory dimension with the fact that Nigeria is the only OPEC country that cannot refine her own crude oil.

“During the negotiations that trailed the last increase in petroleum prices, Organised Labour made a cardinal demand on government which is that it must take immediate steps to revamp and rehabilitate Nigeria’s refineries.

“A Technical Committee was set up to monitor progress in this regard. As we all know, the work of the Technical Committee like our abandoned public refineries has ground to a halt and further negotiations with government adjourned sine die for nearly one year now.

“As a responsible social partner, we have at different times called on government to show us what they are doing in response to our demands but silence is the response we get.

“All we hear from government are half-hearted media pronouncements on efforts to allocate funds for the rehabilitation of our public refineries. On ground, there is no commensurate action.

“Between 2012 and now, about $9.5 billion has been spent on Turn Around Maintenance (TAM), Greenfield Refinery Projects and even public investments in private refineries.

“The tragedy is that despite these humungous investments of public funds, government continues to present the crisis of mass importation of refined petroleum products into Nigeria and the consequent import-based pricing regime of refined petroleum products as a fait accompli.

“This neo-colonial narrative in Nigeria petroleum sub-sector is what the Nigerian working-class family has rejected as unfathomable and unacceptable as it is antithetical to the notions of sovereignty and self-actualization and a mockery of the sacrifice of our heroes past.

“Even in the classic example of capitalism, there is something called the theory of comparative advantage where a country deploys its strategic assets to secure the highest possible positive outcomes for its citizens.

The Nation

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