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Local Politics

NLC Threatens Nationwide Shutdown Over Petrol Price Hike

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The Organised Labour has said a total, comprehensive, and indefinite shutdown across the nation will be initiated if there is yet another hike in the Petrol Pump price, currently set at 617 Naira.

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Joe Ajaero, the President of the Nigeria Labour Congress (NLC), made this known during the African Trade Union alliance gathering held in Abuja on Monday. The Organised Labour also issued a stern caution against disregarding the union’s demands.

Read also: ‘Empty Leaders’ – Obasanjo Calls for Competent Leadership in Nigeria.

Recall that it was earlier reported that oil marketers on Sunday indicated that the cost of Premium Motor Spirit, popularly called petrol, would rise to between N680/lite and N720/liter in the coming weeks should the dollar continue to trade from N910 to N950 at the parallel market.

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Furthermore, the marketers disclosed that the ongoing shortage of foreign exchange necessary for the import of the commodity had compelled dealers seeking to import PMS to suspend their plans temporarily.

Earlier, the NLC had temporarily suspended an earlier proposed indefinite strike slated for Thursday, August 4, 2023, following a meeting with President Bola Tinubu.

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