The Nigeria Labour Congress NLC has said that come Monday, September 28, it will be embarking on a nationwide protest over the increment in fuel and electricity prices.
The organised labour on September 16 gave the Federal government two weeks ultimatum to reverse the increase on both commodities or face a nationwide protest from September 28.
Speaking at a press briefing in Abuja on Tuesday, September 22, NLC President, Ayuba Wabba said the protest action was inevitable since the federal government has refused to reverse the increase in electricity and fuel prices.
He said “Whereas the entire privatisation process, the entire sector was sold at about N400 billion. We are also surprised that government, within the last four years, injected N1.5 trillion over and above the amount that was used to sell these very important assets. And therefore NEC came to the conclusion that the entire privatisation process has failed and the electricity hike is actually a process of continued exploitation of Nigerians. On the issue of the refineries and also the increase in the pump price of PMS, these have further eroded the gains of N30,000 minimum wage,”