The Nigeria Labour Congress (NLC) has issued a strong warning, stating that it will initiate an economy-wide shutdown without prior notice to the government if there is any further increase in the price of petrol. The NLC President, Joe Ajaero, expressed concern over the potential impact of rising petrol prices on Nigerian citizens who are already grappling with economic challenges. Ajaero also criticized the alleged takeover of the Ministry of Labour and Employment’s duties by the Inspector-General of Police and the Federal Ministry of Justice.
Responding to the NLC’s threat, the Presidency emphasized that President Bola Tinubu is actively working to alleviate the economic hardships faced by Nigerians. The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, highlighted the market dynamics of petroleum pricing, emphasizing that the government does not have full control over international petroleum market forces that influence prices. The Presidency affirmed the commitment to engage in dialogue with labour unions and to uphold agreements made, while focusing on measures to mitigate the impact of energy costs on Nigerian citizens and businesses.
The NLC’s stern warning reflects the growing concern over the potential consequences of further fuel price increases on the already burdened Nigerian population. As economic challenges persist and the value of the naira continues to fluctuate, the government is facing mounting pressure to address the livelihoods of its citizens and strike a balance between market dynamics and social welfare.
