The General Secretary of the NLC, Dr. Peter Ozo-Eson, told one of our correspondents on the telephone on Sunday that the government should review its policy on subsidy that led to the increase in the fuel pump price from N97 to N145 per litre last year.
Sunday PUNCH had reported that the Federal Government had started paying subsidy on fuel as a result of the increase in the landing cost and total cost of fuel from N122.03 and N140.40 per litre respectively to N145.
Ozo-Eson was reacting to reports that the landing cost of petroleum had increased from N140.40 to N145, the same amount with the current fuel pump price in the country.
He stated, “I do not think that at this time, and given all that we have seen, that Nigerians can be subjected to another round of price increase now. That is why government needs to revisit and rethink its policy. Nigerians cannot take another round of price increase.” Read in full