Thursday, June 1, 2023

FUEL SUBSIDY: FG, NLC MEETING ENDS IN DEADLOCK

The meeting between the Federal Government and the Nigeria Labour Congress, NLC, over the fuel subsidy removal has ended without a consensus

Dele Alake, the spokesman to President Bola Tinubu disclosed this on Wednesday while briefing journalists on the outcome of the meeting between the federal government and the NLC.

Aleke said talks between the Labour union and the government would continue at a later date

Recall that the Nigeria National Petroleum Company Limited, NNPCL, on Wednesday, confirmed the increase in the pump price of premium motor spirit, PMS, widely known as petrol, in its retail outlets across the country, saying price adjustments were in line with current realities.
The development followed President Bola Tinubu’s inaugural speech in which he announced the removal of fuel subsidy.
However, the NLC rejected the new price template, claiming it was unacceptable and demanded for its withdrawal immediately
Meanwhile, the presidential spokesperson said the government will keep talking with the organized labour with a view to arriving at a very amicable solution that would be in the interest of all Nigerians

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