The Nigeria Labour Congress has faulted the recent hike in the pump prices of Premium Motor Spirit (PMS), popularly called petrol.
The union has described the decision as the height of insensitivity against the masses.
Senior NLC officials disclosed this to Ounch on Sunday, as oil marketers refuted being blamed for the recent hike in PMS prices nationwide.
Similarly, the Dangote Petroleum Refinery also said the rise in petrol price was not from the $20bn Lekki-based plant but due to an increase in the cost of crude oil, the major component for refined petroleum products.
Recall that on Friday, the pump prices of petrol rose to between N1,050 and N1,150 per litre following the hike in the cost of the commodity by the Dangote Petroleum Refinery and various depot owners.
Dealers confirmed that PMS prices would continue to rise since the major component in fuel production, crude oil, has been on the upward swing lately.
Reacting to this, the Deputy President of Nigeria Labour Congress Political Commission, Prof Theophilus Ndubuaku argued that in a saner clime, representatives of workers, the organised private sector and students would have been called to a roundtable to deliberate on the course of action and analysis of the consequences before the decision would be taken.
He said, “This pump price hike will not only affect foodstuff and fare. There is the problem of inflation and the value of naira to contend with. Instead, what we are seeing is a situation we call Tinubunomics. It is something that has not been tested.
“When you talk about subsidies, is there a country that doesn’t have it? It’s all over the world. Even most of the goods you see in this country from China are subsidised. You are refusing to subsidise fuel and also refusing to even facilitate the so-called CNG buses. How many years does it take to do something like this?
“If you know the kind of game we (the NLC) and them are playing on this CNG thing. Now, they are not even involving the people in the so-called CNG conversion. If you promise to run an inclusive government, It’s not just you that should be doing the talking. Yet, when somebody talks, they send attack dogs to attack and label him a member of the Obidient movement.”
Continuing, Ndubuaku emphasised that President Bola Tinubu will do well to borrow the template of former leaders like Olusegun Obasanjo, who he claimed held a monthly roundtable with stakeholders whenever sensitive issues that have a lot to do with workers’ welfare were being discussed.
