ADVERTISEMENT
  • Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, September 17, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

NLC Demands Immediate Reversal Of New Fuel Pump Price

by Adegwu John
11 months ago
in News
nlc ajaero
Share on WhatsAppShare on FacebookShare on XTelegram

The Nigeria Labour Congress (NLC) has condemned the latest hike in the pump price of petrol, calling for its immediate reversal.

Advertisement

The development followed the announcement of the new pump price of premium motor spirit (PMS), commonly known as petrol, which has surpassed N1,000 across filling stations on Wednesday.

In a statement on Wednesday evening, NLC President, Comrade Joe Ajaero, criticised the federal government’s decision to raise fuel prices yet again without providing adequate relief measures for struggling Nigerians.

The NLC also picked holes in the role of the Nigerian National Petroleum Company Limited (NNPCL), accusing the oil company of acting as a monopoly that dictates fuel prices, contrary to principles of a competitive market.

READ ALSO: Fuel Price Rises To N1,030 Per Litre

Ajaero urged the government to develop a clear and long-term economic strategy instead of relying on “ad-hoc” solutions and palliative measures.

Related News

FCT NUJ Chair Seeks Transparency, Effective Deployment Of Tax Resources

19 minutes ago

Nigeria To Harness WTO Fish Fund For Maritime Protection — Kalu

58 minutes ago

The labour leader warned that the latest price increase would exacerbate the country’s poverty levels, shrinking production capacities and leading to more job losses.

Ajaero emphasised that the government must communicate its economic goals clearly to the public, rather than imposing sudden and disruptive measures.

The statement reads “We are dismayed by the latest increase in the pump price of petrol. It looks like the only thing this government is known for is increase in the pump price of petrol without commensurate capacity of Nigerians or mitigatory measures.

“Even following the logic of market forces , we find it an aberration that a private company (NNPCL) is the one fixing prices and projecting itself as a hegemonic monopoly.

“We challenge the government to go to the drawing board and present us with a blueprint for an inclusive economic growth and national development instead of this spasmodic ad hocism and palliative policy.

“It needs no stating the fact that the latest wave of increase has grossly altered the calculations of Nigerians once again at a time they were reluctantly coming to terms with their new realities.

“It will further deepen poverty as production capacities dip, more jobs lost with multidimensional negative effects.

“In light of this, we urge the government to immediately reverse this rate hike as previous increases did not produce any good result. People only got poorer.

“But more fundamentally, the government should be bold enough to tell Nigerians in advance the destination it wants to take the country,” NLC stated.

Join Our WhatsApp Channel

Tags: NLCPetrol pump price
SendShare10194Tweet6371Share

Other News Updates

News

FCT NUJ Chair Seeks Transparency, Effective Deployment Of Tax Resources

2025/09/17
News

Nigeria To Harness WTO Fish Fund For Maritime Protection — Kalu

2025/09/17
News

First Lady Remi Tinubu Meets Qatari Ambassador, Seeks Global Peace

2025/09/17
News

Federal, State, Local Governments Share N2.22trn August Revenue

2025/09/17
Entertainment

TikToker Realmecus Making Waves Beyond Social Media

2025/09/17
News

Rivers: Tinubu’s ‘Lawlessness’ Will Be Punished In 2027, Says Ex-Buhari’s Aide Onochie

2025/09/17
Leadership Conference advertisement

LATEST

FCT NUJ Chair Seeks Transparency, Effective Deployment Of Tax Resources

Champions League: Kvaratskhelia Helps Title Holders PSG Cruise To Winning Start

Van Dijk Saves Liverpool Against 10-man Atletico Madrid In 5-goal Thriller

Champions League: Kane Shines As Bayern Munich Thrash Chelsea 3-1

Nigeria To Harness WTO Fish Fund For Maritime Protection — Kalu

First Lady Remi Tinubu Meets Qatari Ambassador, Seeks Global Peace

Federal, State, Local Governments Share N2.22trn August Revenue

TikToker Realmecus Making Waves Beyond Social Media

Rivers: Tinubu’s ‘Lawlessness’ Will Be Punished In 2027, Says Ex-Buhari’s Aide Onochie

Federal Government Reintroduces History As Compulsory Subject

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.