The new increase in the price of Premium Motor Spirit otherwise called petrol from the old price of N121 to about N159 by the Federal Government has been described as a transfer of incompetence of the Government on the citizens.
The Nigeria Labour Congress (NLC) President, Ayuba Wabba made this yesterday while calling on the Government to revert to the old price of N121, insisting that the new increase was not acceptable to the body.
Observing this to be the third increase in a space of about three months, NLC leader warned that it would be the last straw that would break the camel’s back, and would be challenged by the organized labour and other allies in the civil society soon.
”As we have always maintained, the Nigeria Labour Congress will never accept the transfer of Government incompetence on Nigerians through the hike in the pump price of petrol. The incompetence of Government in this regard is particularly manifest by the rundown of public refineries and resort to the unscrupulous economics of fuel importation.
”At the risk of shouting ourselves hoarse, we reiterate that the increase in the pump price of petrol is simply the cost of profits made by countries that have enough sense to maintain refineries that refine our crude oil, the cost of sea freight of refined petrol, the cost of demurrage at our seaports when the refined products arrive, the cost of frequent devaluation of our national currency and the cost of official corruption by gatekeepers managing the downstream sub – sector. Nigerians have groaned to pay these unjust costs for years,” NLC boss said.
Wabba explained that Nigerians were shocked and bewildered at the latest increase which was like adding scorpion to the scourges on the back of Nigerians.
”This indeed a whole new level of government insincerity and insensitivity. This latest increase in the price of petrol is indeed a crass display of complete apathy to the sufferings Nigerians are going through at this time. While other countries also going through the blues of the Covid-19 pandemic are reducing taxes, inreasing welfare benefits and providing palliatives to their citizens, our own government is reducing interest rates on savings by the poor, increasing taxes and hiking tariffs on essential goods and services. Nigerians have had it so bad,” he lamented.