NLC Flays Fuel Subsidy Removal

19 Nov 2012

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NLC President, Mr. Abdulwaheed Omar

The Nigeria Labour Congress (NLC) has warned the Federal Government against fresh plans to completely remove fuel subsidy. NLC President, Mr. Abdulwaheed Omar warned that any increase in the price of fuel would lead to another crisis, as it would mobilise Nigerians to resist the move.

Omar reminded President Goodluck Jonathan that the nation’s refineries were effectively managed until they came under a regime of corruption foisted on them by corrupt government officials; thereby debunking his claim that local refining of petroleum products could only be effectively carried out by private sector operators.

He said if the President insists on removing the subsidy completely the crisis that would be experienced in the country would surpass that of last January’s anti-fuel price hike demonstration.

“The statement by the President claiming that only the removal of fuel subsidy will allow for domestic refining of fuel is highly disturbing. More so, coming at this time of the year, when many see the current fuel scarcity being experienced in most parts of the country as being artificially created,” Omar said.

Tags: Nigeria, Featured, Business, Abdulwaheed Omar, NLC

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