Just in: NLC rejects proposed fuel price increase, gives strong reason

  • The NNPCL earlier confirmed the full deregulation of the downstream sector of the Nigerian Petroleum Industry with petrol now selling at market price following the removal of subsidy by President Bola Tinubu
  • NNPC, in a statement by its chief corporate communications officer, Garba Deen Muhammad on Wednesday, said pump price at its retail stations have been adjusted
  • Reacting, NLC President, Comrade Joe Ajaero, rejected the proposed fuel price increase while noting the “fixing of price is not what government could do unilaterally”

The new pump price of petrol fixed by the Nigerian National Petroleum Corporation Limited (NNPCL) has been rejected by the Nigeria Labour Congress (NLC).

As reported by Daily Trust, the oil firm earlier directed its outlets nationwide to sell fuel between N480 and N570 per litre.