The Coalition of Northern Groups (CNG), has rejected the price increase of Premium Motor Spirit (PMS), aka petrol. Recall that the newest price hikes, implemented by the Nigerian National Petroleum Company’s (NNPCL) Retail Management, range from N855 to N897 per litre, depending on the location, from the previous N568-N617. Independent marketers have adjusted their prices to between N930 and N1, 200 per litre of petrol. The price hike has had a widespread impact, with some Nigerians resorting to long-distance trekking and others missing work due to the higher transportation costs…
Read MoreTag: Fuel price hike
Fuel Price Hike: NLC NANS, cries foul, threatens strike
The Nigeria Labour Congress (NLC), has called on the Federal Government to reverse the planned implementation of the increase in price of the Premium Motor Spirit (PMS), a.k.a petrol. NLC President, Joe Ajaero stated this on Tuesday, in his reaction to the ong-oing speculations that the Nigeria National Petroleum Company limited (NNPCL), has authorised hike in the prices of petrol. In the same vein, the National Association of Nigerian Students, (NANS) has announced a nationwide protest, slated for September 15, across major cities in Nigeria to express displeasure over the…
Read More