Connect with us

Politics

End fuel scarcity, curtail price hikes, Labour unions warns FG

Published

on

End fuel scarcity, curtail price hikes, Labour unions warns FG

Labour unions under the aegis of the Nigerian Labour Congress, NLC, and Trade Union Congress, TUC have warned Federal Government, FG to put an end to the fuel shortages and price hikes in the country.

This was stated in a statement that was released on Saturday in Abuja and was signed by the presidents of the NLC and the TUC, Ayuba Wabba and Mr. Festus Osifo.

They claimed that the lack of fuel, price increases, and unavoidably long lines at gas stations were unacceptable and could no longer be tolerated.

The country’s unapproved price increases of up to N240 per liter and preventable, unnecessary, devastating, and agonizing fuel shortages, according to the labor leaders, should be stopped.

“No excuse is good enough to cripple the country.,” they warned.

”If there are challenges, they should be fixed. We have a government in power to fix challenges not to make excuses,’’ they said in their statement.

According to the statement, the labor leaders were perplexed and alarmed by the ongoing shortage and out-of-control prices that participants in the petroleum industry’s downstream sector were dishing out to Nigerians.

It was mentioned that the people of Nigeria were suffering due to the ongoing shortages of Premium Motor Spirit, also known as gasoline.

It claimed that this had caused long, needless lines as well as product adulteration by dishonest people, customer exploitation, and the deterioration of fuel stations into traffic hazards.

“All these have tragic consequences for the Nigerian people and debilitating effects on the health of the economy which itself is not in a good state.

“We are reliably informed that the shortage is deliberately fostered by players in the downstream sector in other to hike the price far above the government-approved threshold.

“It is an added problem when non-state actors begin to arrogate to themselves the power to determine the price of a liter of fuel far above the rate pegged by government in the current subsidy regime,” it said.

The labor leaders also said that taxpayers and the Nigerian populace currently spend trillions of Naira yearly subsidizing gasoline.

READ ALSO: NLC Plans Nationwide Protests Against Subsidy Removal

The same folks could not be taken advantage of and forced to pay more than N240 per liter when the prevailing ex-depot price was N148.19k, they continued.

The benefit of the subsidy regime is progressively being lost, they said, despite the fact that the opportunity cost of the subsidy payment was significant.

They contend that no nation can advance if its citizens endure constant difficulty and its economies are restrained by needless miseries.

“It is more disturbing that the government is equally demonstrating a high level of culpability in the unwholesome situation by its silence and unwillingness to frontally and publicly address the harrowing experiences in the current situation.

“No concerned and responsive government will bury its head in the sands like the proverbial Ostrich while the citizens are being brutally exploited.

“We are strongly worried that leaving our energy security and sovereignty in the hands of unscrupulous capitalists and their collaborators will further plunge this nation into the economic abyss we are working hard to avoid,” it said.

According to the statement, Organized Labor is prepared and eager to work with the Federal Government and offer any help needed to meet the nation’s current challenges.

It demanded that more be done by the legal and regulatory authorities to safeguard Nigerians against exploitation.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *