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NLC Demands Immediate Reversal of New Pump Price of Petrol

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The Nigeria Labour Congress (NLC) has called for the immediate reversal of the new price increase in pump price of petrol across the country.

The Congress made the demand in a statement issued on Tuesday in Abuja by its  President, Mr Joe Ajaero and made available to newsmen.

The Nigerian Petroleum Corporation Ltd.

(NNPCL) on Tuesday morning, reportedly directed increase in its pump price of between N568 – N617 per litre to N855 – N897 per litre, depending on the area.

Although, the company had denied issuing the directive, checks at NNPCL retail stations in Abuja reflected the new price of N897 per litre

Reacting to the development, Ajaero said the Congress felt a deep sense of betrayal by the increase in the pump price of petrol.

He recalled that, one of the reasons for accepting N70,000 as national minimum wage was the understanding that the pump price of petrol would not be increased, even as they knew that N70,000 was not sufficient.

The labour leader recalled their meeting with President Bola Tinubu, where they were given the options of either N250,000 minimum wage and a rise of  pump price between N1,500 and N2,000 or N70,000 minimum wage and retaining pump price of N568 – N617 per litre.

“We opted for the latter because we could not bring ourselves to accept further punishment on Nigerians.

“But here we are, barely one month after and with government yet to commence payment of the new national minimum wage, confronted by a reality we cannot explain. It is both traumatic and nightmarish.

“Yet, when we told government that it’s approach to resolving the fuel subsidy contradictions was patently faulty and would not last, it’s front row cheer leaders sneered at us, saying we did not understand basic economics .

“But if truth be told, this act of betrayal is consistent,’” he said.

Ajaero also recalled the assurances given to the congress by the leadership of the National Assembly on the reversal of 250 per cent electricity tariff hike.

He said, instead of the promised reversal, the rate has since been jerked up further, putting more Nigerians and businesses in jeopardy.

In addition to the reversal of the increased price of petrol pump price and electricity tariff, the NLC called for the release of all those incarcerated or being prosecuted for participating or purportedly participated in the recent #Endbadgovernance protest.

Ajaero said the Congress also demanded a halt in the indiscriminate arrest and detention of citizens on trumped up charges.

“The Congress demand a stop to the hijack of the duties of the Ministry of Labour and Employment.

“We also demand end to policies that engender hunger and insecurity as well as a halt to government’s culture of terror, fear and lying,” he said.

Ajaero said in the coming days, the appropriate organs of the congress would be meeting to take appropriate decisions which would be made public.(NAN)

NEWS

Customs Intercept Contraband Worth N510.92m in Two Conths

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The Nigeria Customs Service (NCS), Federal Operations Unit Zone C, says it intercepted contrabands with a Duty Paid Value (DPV) of N510.92 million between July 15th and September 15th, 2024.The zone covers the six states in the South-South geopolitical zone and the five states in the Southeast geopolitical zone.

This is contained in a statement signed by Jerry Attah, Public Relations Officer, NCS, Zone C, and made available to journalists on Wednesday.
According to the statement, Comptroller Michael Ugbagu, NCS, Zone C, gave the statistics while showcasing the seized contraband to relevant regulatory agencies at the Government Warehouse in Edo.Ugbagu said that the zone also recovered the sum of N25.
57 million from demand notices raised based on some infractions noticed, making a cumulative sum of N536.49 million recorded within the months under review.“The DPV was derived from our seized goods, which include 49,699 sachets of various brands of tramadol and 3,350 bottles of various cough syrups with codeine without an NAFDAC number.“1,015 sacks of dry donkey meat and skin, 75 jumbo bales of second-hand clothing, 463 cartons of foreign spaghetti, 269 pieces of used pneumatic tires, and 56 cartons of smuggled foreign tomato paste.“More worrisome is the interception of 49,699 sachets of various brands of tramadol and 3,350 bottles of various cough syrups with codeine without NAFDAC registration numbers.”He noted that the cough syrup with codeine and tramadol without NAFDAC registration numbers, if not intercepted, could have had adverse effects on youths.He added that the items were mostly intercepted along the Ewu-Okada/Benin expressways based on credible intelligence. (NAN)

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APC Forum Decries Deplorable Condition of Federal Roads

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The Forum of Stakeholders of the All Progressive Congress (APC) has decried the deplorable condition of some federal roads in Nigeria. Alhaji Saleh Zazzaga, the North-Central Chairman of the forum, said this in an interaction with newsmen on Wednesday in Jos. Zazzaga described some of the federal roads as ”death traps”, particularly those within the north-central region.

He said that some of the deplorable roads in the region include Jos-Akwanga, Makurdi-Oturkpo-Otukpa, Makurdi-Ankpa, and Jos-Saminaka.
Other roads that needed urgent attention, he said, included Suleja-Minna, Ejule-Otukpa, Ganawuri-Manchok, Lokoja-Abuja, Lapai-Agaie-Bida, Birnin-Gwari-Bokani-Mokwa, Minna-Zungeru-Tegina-Kontagora.
”Currently, the north-central region has the most deplorable roads and highways in the country. ”These deplorable roads have brought severe hardship on the people and lost lives and property through preventable road traffic crashes. ”We call on President Bola Tinubu to intervene and ensure the rehabilitation of these roads because good roads are vital enablers of development,” he said. The chairman also called on governors of states within the region to reconstruct the dilapidated roads and seek refunds from the federal government. ”Though these are largely federal roads, they are located within states, and the beneficiaries are the people of these states. ”So we call on state governments to reconstruct these roads and seek refunds from the federal government,” he added. (NAN

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Yuan Strengthens 7. 087 Against Dollar

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The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 160 pips to 7.087 against the dollar on Wednesday.This is according to the China Foreign Exchange Trade System.In China’s spot foreigners exchange market, the yuan is allowed to rise or fall by two per cent from the central parity rate each trading day.

The central parity rate of the yuan against the dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.
(Xinhua/NAN)

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