Abuja - The Nigeria Labour Congress, Trade Union Congress, Afenifere, security experts and rights activists have vowed to resist any attempt by President Muhammadu Buhari to further increase the fuel price, Punch reports.
They stated this after former and present heads of the Nigerian National Petroleum Corporation (NNPC) raised doubts that the current pump price of N145 per litre, was no longer realistic.
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"They (the GMDs) noted that the petrol price of N145/litre is not congruent with the liberalisation policy especially with the foreign exchange rate and other price determining components such as crude cost, Nigerian Ports Authority charges, etc remaining uncapped,” the NNPC said in a statement.
Meanwhile the NLC warned the Buhari administration that Nigerians could not continue to be subjected to incessant fuel price increases, adding that Nigerians needed to stand up to the constant fuel hikes as they couldn't take it anymore.
For more on this story, visit Punch.
- News 24