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Petrol price hike: TUC reacts, makes strong demand from Tinubu’s govt, details emerge

 Petrol price hike: TUC reacts, makes strong demand from Tinubu’s govt, details emerge
  • The Trade Union Congress (TUC) has called on President Bola Tinubu’s federal authorities to at the moment revert petrol prices to their June 2023 charges
  • The union’s call on Thursday follows a contemporary manufacture better in fuel prices by the Nigerian Nationwide Petroleum Company (NNPC) Restricted
  • Before the casting off of petrol subsidy by President Tinubu on Might perhaps well well additionally 29, 2023; the product became priced between N195 and N238 per liter all the procedure in which during the country

Legit.ng journalist Esther Odili has over two years of abilities defending political parties and actions.

The Trade Union Congress (TUC) has demanded the return of petrol prices to what they include been as of June 2023.

TUC rejects petrol price hike
TUC president tackles Tinubu over petrol price hike.
Photo credit: Festus Osifo, Asiwaju Bola Ahmed Tinubu
Source: Facebook

The TUC President, Festus Osifo, made this call at a press briefing in Abuja on Thursday, October 10.

“We desire the associated price of the product to head beneath what it became prior to; now not correct reverse to what it became prior to however to head beneath,” said Osifo.

Recall that the NNPCL raised the pump price of fuel. Reviews level to that petrol, which previously supplied for N897 per litre in Abuja, now retails at N1,030 per litre.

This represents a 14.8% or N133 upward push when put next to the pump price quoted as of September 2024.

The switch in pump prices became seen at diverse NNPCL stations in Abuja.

Reacting on Thursday, TUC asked the authorities led by President Bola Ahmed Tinubu to specially intervene in the sector by giving international alternate to Dangote Refinery at $1/N1,000 and now not on the novel $over 1/N1,600 alternate rate to fracture petrol prices, Channels TV reported.

The TUC chief harped on the provision, affordability and accessibility of petrol for all Nigerians, announcing that the commodity is principal for all Nigerian households, even those with out a 2nd-hand price automobile.

TheCable also confirmed the building in its e-newsletter on Thursday.

Read extra on fuel price hike right here:

  • Fuel price hike: Shehu Sani tells Tinubu what to invent, insists “Sacrifices must silent now not plunge on the uncomfortable”
  • “Can NNPC dictate price for Dangote?” NLC calls for mass travel over fuel price hike
  • Shank Comics blasts authorities after filling tank with N75k, Nigerians react

Fuel price hike: Nigerians send message to Tinubu

Earlier, Legit.ng reported that fuel prices include elevated again at NNPC Restricted filling stations all the procedure in which during the country because the federal authorities takes a brave step in direction of fleshy deregulation

In Abuja, motorists purchase fuel as excessive as N1,030 per litre, whereas it is miles a little bit more cost effective in Lagos at N998 per litre.

Nigerians include taken to social media to react to the most contemporary price adjustment, which is the third in 2024.

Proofread by Kola Muhammed, journalist and copyeditor at Legit.ng

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Source: Legit.ng

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