Presidency Responds to NLC’s Threat of Strike Over Petrol Price Increase

The Nigerian Presidency has responded to the recent threat made by the Nigeria Labour Congress (NLC) regarding a potential indefinite strike in response to a potential increase in petrol pump prices.

The NLC President voiced this threat during a meeting of the African Trade Union Alliance held in Abuja.

The potential strike was presented as a measure to protest against any further hike in petrol prices, as it is believed that such an increase would exacerbate the already challenging economic situation in the country.

NLC’s Stance and Concerns

The NLC President highlighted the difficulties that Nigerians have been facing due to the policies of the government led by Bola Tinubu.

The president of the labor union expressed the sentiment that the citizens have already endured significant hardships, and any additional burden caused by an increase in petrol prices would not be well received.

Presidential Spokesman’s Response

In response to the NLC’s threat of a strike and their concerns, the presidential spokesman, Ajuri Ngelale, conveyed the President’s perspective.

He emphasized that President Tinubu’s administration is actively working to alleviate the prevailing economic challenges.

Ngelale acknowledged the existing hardships faced by Nigerian families across the nation and assured that efforts are underway to stabilize the economy.

Ngelale clarified the government’s stance on energy costs and prices.

He explained that market deregulation dictates that the prices of commodities, including energy, are determined by market conditions beyond the country’s borders.

He dismissed the notion that the government exerts direct control over the costs of these commodities, particularly in the petroleum sector.

Commitment to Engagement and Agreement

The spokesperson conveyed the President’s commitment to engaging in effective and direct dialogue with labor unions.

He affirmed the President’s dedication to honoring agreements made with labor movements.

However, he emphasized that these agreements should not be contingent on the volatile dynamics of the international petroleum market, which Nigeria lacks control over.

Government’s Role in Cushioning Effects

Regarding the potential impact of market-driven petrol prices on Nigerians, concerns were raised about the potential rise in exchange rates.

Ngelale addressed these concerns by highlighting the administration’s proactive approach to reducing energy costs.

He mentioned that the President has been transparent and communicative with the public about the plans in place to mitigate the impact of energy costs on families and businesses.

Conclusion

In summary, the Nigerian Presidency responded to the NLC’s threat of an indefinite strike over potential petrol price increases.

The government’s stance centered on the acknowledgment of existing economic challenges and the commitment to engaging with labor unions while striving to mitigate the impact of market-driven energy prices.

The government reiterated its aim to address the concerns of the populace and alleviate the hardships faced by Nigerian families and businesses.

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