Subsidy Removal: NLC Rejects NNPCL's New Pricing Template

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The Nigeria Labour Congress (NLC ), on Wednesday, rejected the new pricing template released by the Nigerian National Petroleum Company Limited (NNPCL).

The Labour leader maintained that government cannot in one breath be talking about deregulation and at the same time fixing the prices of petroleum products.

“This is an ambush and runs against the spirit and principles of Social Dialogue which remains the best platform available for the resolution of all the issues arising out of the petroleum down-stream sector… this negates the spirit of allowing the operation of the free market unless the government has as usual usurped, captured or become market forces.“It is, therefore. unacceptable and we seriously condemn it. Good faith negotiation is key to reaching agreement.

 

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