https://adronhomesproperties.com/
https://adronhomesproperties.com/
https://adronhomesproperties.com/
https://adronhomesproperties.com/
https://www.accessbankplc.com/ https://www.accessbankplc.com/ https://www.accessbankplc.com/
ADVERTISEMENT
  • ABOUT US
  • CONTACT US
  • Latest Naija News Today
  • Privacy Policy
  • TheGeniusMedia – Latest News, Naija News, and World News
Friday, May 22, 2026
The Genius Media NG
  • Login
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports
No Result
View All Result
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports
No Result
View All Result
The Genius Media NG
No Result
View All Result
First Bank Ad First Bank Ad First Bank Ad
ADVERTISEMENT
ADVERTISEMENT

BREAKING: NLC Knocks FG As NNPC Increases Pump Price To N617 Per Litre

Tgmedia by Tgmedia
July 18, 2023
in Breaking, Business, News
0
NNPC Increases Pump Price To N617 Per Litre

BREAKING: NLC Knocks FG As NNPC Increases Pump Price To N617 Per Litre

ADVERTISEMENT

RelatedPosts

As Expected Police Force Take Disciplinary Action Against Officer Who Threatened To Kill People Filming Him

Foreign Scholarship: NDDC Assures On Transparency And Fairness

BREAKING: Pandemonium As Bandit Scare Forces Students To Flee Schools In Ekiti [VIDEO]

BREAKING: NLC Knocks FG As NNPC Increases Pump Price To N617 Per Litre—The Nigerian Labour Congress (NLC) has rejected the new pump price of petroleum products and plans by the Federal Government to distribute N8,000 to 12 million Nigerians.

ADVERTISEMENT

While the Federal Government few days ago announced plans to lift 12 million Nigerians with N8,000 monthly to cushion the effect of fuel subsidy removal, Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr.Mele Kyari, had on Tuesday announced N617 as the new price for the petroleum product in all its outlets.

Reacting on Channels Television Politics Today, NLC president, Mr. Joe Ajaero said the new pump price was anti-people.

He also said the labour union rejects in its entirety the money and the figure said to be captured by the government’s palliative initiative.

He said: “I think Nigerians are being deceived. In the first instance, going by the claim that the independent marketers are now bringing the product into the country, Nigerians would want to know how many are involved in this.

“Nigerians also want to know the role of the NNPC in the current dispensation. NNPC cannot import and claim the fuel is imported by independent marketers.

“Furthermore, the government withdrew subsidy from PMS and while we were discussing the aftermath of the withdrawal, another price increase.

“Now, why would the government go to court to seek a court injunction? Why will the government take other measures if it is not its business”, he queried.

“It is like Nigerians have entered a rein when Nigerians are being punished unnecessarily and where lies are the order of the day.

“I think clearly, the government is toiling with Nigerians and it is a reign of impunity.

“If the same government is approving N70 billion for the members of the National Assembly to buy vehicles and furniture but you’re increasing the cost of fuel, should the removal of subsidy affect only the poor?

“This policy will further increase the margin between the poor and the rich as it is clear that the government is taking away all the benefits meant for the poor and being given to the rich.

“Government is provoking Nigeria and attacking workers, students and others.

“Labour is not involved in the arithmetic of fuel price fluctuation. We can only make a better informed decision when we understand what the government is trying to do and what it has done so far.”

On the palliatives, Ajaero counters: “The N8,000 to 12 million households in Nigeria is another issue. How did the government arrive at the statistics it is reeling out?

“We, at NLC, have rejected that because we are not clear on how and where the government got the statistics it is relying on for the planned palliatives.”

ADVERTISEMENT

“There is a committee in place between government and labour to work out the modalities. The government cannot set up the committee and go back to do another thing. This is unacceptable.

On what the NLC will do in view of the fuel price increase, Ajaero said: “We’ll meet to make a decision and best to address the new development.”

Share this:

  • Email a link to a friend (Opens in new window) Email
  • Tweet
  • Share on Telegram (Opens in new window) Telegram
  • Share on Reddit (Opens in new window) Reddit
  • Share on Tumblr
  • More

Like this:

Like Loading…
Tags: NLC Knocks FG As NNPC Increases Pump Price To N617 Per LitreNNPC Increases Pump Price To N617 Per Litre
" data-ad-slot="">
Previous Post

BREAKING: Like Lionel Messi, Jordi Alba Signs For Inter Miami?

Next Post

BREAKING: Tinubu Bows To Pressure, Orders Immediate Review Of N8000 Palliative For Vulnerable Households

Related Posts

News

VIDEO: House-help Caught With Panties Belonging To Her Madam And Madam’s Daughter

by Tgmedia
February 2, 2019
0

A video circulating online shows the dramatic moment a house help was caught with panties belonging to her madam and...

Read more

At Last, Bola Tinubu Backs #Amotekun, Reveals Next Line Of Action

January 22, 2020
NDDC To Support Skills Training In Custodial Centres

NDDC To Support Skills Training In Custodial Centres

November 2, 2025
Next Post
Review Of N8000 Palliative

BREAKING: Tinubu Bows To Pressure, Orders Immediate Review Of N8000 Palliative For Vulnerable Households

Please login to join discussion
https://adronhomesproperties.com/
https://adronhomesproperties.com/
" data-ad-slot="">

About Us

Thegenius Media.com.ng is an Online Nigerian NEWS HUB with good coverage and reportage of Exclusive Stories, Daily News Updates, Politics, Entertainment, Crime, Lifestyle, Relationship Tips and Sports.

RELEVANT PAGES

  • About Us
  • Privacy Policy
  • Contact Us

Alert Us

Important Press Releases, Breaking Stories, Special Investigations: thegeniusmedia1@gmail.com

Office Address

No 26 Oroleye Crescent off Abel Oreniyi Street.
Off Salvation Road, Opebi
Ikeja, Lagos

Tel:

Copyright © 2024 TheGeniusMedia.com.ng

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
  • Politics
  • Business
  • Crime
  • Education
  • Health
  • Jobs
  • Sports

© TheGeniusMedia.com,ng

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover more from The Genius Media NG

Subscribe now to keep reading and get access to the full archive.

Continue reading

%d