By Becky Usman

The Nigeria Labour Congress (NLC) has strongly criticized the Nigerian National Petroleum Corporation Limited (NNPCL) for announcing a new pricing regime for petroleum products. According to the NLC, this action by the NNPC is an ambush that disrupts the ongoing discussions among stakeholders in the oil and gas sector regarding the removal of fuel subsidies by the federal government. NLC President Comrade Joseph Ajaero called on the government to instruct the NNPC to withdraw the pricing template, allowing for uninterrupted discussions among the parties involved.

The NLC expressed concern over the government’s simultaneous talk of deregulation while fixing prices for petroleum products. They argued that this contradicts the principles of free market operations and undermines the ongoing dialogue. The labor movement condemned the government’s actions, stating that it puts undue pressure on the leaders and impedes progress in the negotiations. The NLC emphasized that Nigerians would not accept any manipulations from either party, particularly from the government representatives.

Meanwhile, a meeting between the federal government and organized labor to address the announcement of new petroleum prices has ended in a deadlock. The government spokesperson, Dele Alake, acknowledged the robust discussion on the impact of the price changes, but the NLC and TUC insisted that no consensus was reached and called for a return to the status quo. The labor unions stated that they would consult with their members before determining the next steps in the negotiation process.

The meeting, which took place at the Presidential Villa, involved representatives from the government side, including the Head of Service of the Federation, the Group Chief Executive Officer of the NNPCL, the Governor of the Central Bank of Nigeria, and other officials. The parties involved will reconvene at a later date after briefing their respective members on the outcome of the meeting. The aim is to find a mutually agreeable resolution that prioritizes the peace, progress, and stability of Nigeria.