The Nigeria Labour Congress (NLC) has implored the federal government to fix the nation’s moribund refineries in a bid to cause reduction in the price of fuel otherwise known as Premium Motor Spirit (PMS).
In a statement issued in Ilorin this evening, the Chairman, Kwara State council of NLC, Comrade Muritala Saheed Olayinka, observed that the attendant rise in the cost of goods and services following removal of subsidy on fuel, has made it necessary for government to review it’s decision.
Olayinka explained that the functionality of the nation’s ailing refineries would ultimately assuage the burden of financing the socio-economic needs of Nigerians.
The Kwara NLC boss also expressed concern over the decision of the federal government to confer the Nigerian National Petroleum Company (NNPC) Limited with the unilateral power to upwardly review fuel price at will.
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