The Organised Labour has declared its determination to carry out an all-encompassing and indefinite nationwide shutdown of the country if there is another increase in the price of Petrol at the pump beyond the current rate of 617 naira, which they label as “unlawful.”
Joe Ajaero, the President of the NLC, made this announcement during the African Trade Union Alliance gathering in Abuja on Monday. At the same event, the organised labour cautioned against undermining their demands.
It was reported that oil marketers had signalled a potential increase in the cost of Premium Motor Spirit, commonly referred to as petrol. The projected price could range between N680/litre and N720/litre in the coming weeks if the exchange rate of the dollar remains in the N910 to N950 range on the parallel market. The scarcity of foreign exchange for importing the commodity was also cited as a reason for potential delays in PMS imports.
In response to these developments, the organised labour initially put on hold a previously proposed indefinite strike scheduled for August 4, 2023, following discussions with President Bola Tinubu.
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