Fuel Hike: Labour Sticks To Demand For Price Reversal

Zainab Sanni

Labour unions have stuck to their demand for the reversal of the recent hike in the price of Premium Motor Spirit.

The Minister of Labour and Employment, Sen. Chris Ngige, stated this while briefing the media after a meeting between the government side and the organised labour, on Thursday night at the State House Banquet Hall in Abuja.

He noted that the message of the labour side at the meeting was very clear as they wanted a reversal.

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“By Monday, December 7, we will come back, because the message from the organised labour is clear. They want a reversal of the pump price to what it was. So, the government side will take it back to our principals,” Ngige said.

“Even though the government is not fixing the price of PMS anymore because it is deregulated, it is part of the economy. So, the government side will consult anybody that needs to be consulted.

“We will consult the President as the Minister of Petroleum and then, the Economic Management team because funds are involved,” the minister explained.

On the issue of electricity tariff, Ngige said, “Everybody is happy with the situation in the electricity industry for now because there is a committee working on it, headed by Minister of State for Labour and Employment.”

According to a statement from Ngige Media office on Friday, the committee already has an interim report and would avail itself of opportunity next week to pay field visits to the different distribution companies and then come back with a more comprehensive report within the time available.