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Headline : Fuel Pump Price... Pressure Mounts for Immediate Reversal

Read more from the original article on here at allafrica.com.





Tags : #fuel #pump #price #pressure #mounts #immediate #reversal


No. of Paragraph 67

More organisations and individuals have warned about the severe impact of the latest fuel price increase on businesses and households.

On Tuesday, the Nigeria Labour Congress (NLC) called for an outright reversal of the full price increase, blaming the president for reneging on a pact agreed to between the government and Labour during the national minimum wage negotiation during which Labour accepted a reduced minimum wage figure of N70,000 in return for retaining the price of fuel.

Yesterday, the Trade Union Congress (TUC) and the Manufacturing Association of Nigeria (MAN) spoke in a similar vein, saying the increment will have a drastic impact on Nigerian workers and businesses.

In voicing its opposition to the latest increase in the price of petrol, the TUC described the hike as a significant burden that permeates every aspect of the nation's socio-economic life, particularly as it will impact the working class, who are already facing severe economic hardships.

Read more from the original article on here at allafrica.com.


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