Mr Quadri Olaleye, President of the Trade Union Congress (TUC)

The Trade Union Congress of Nigeria (TUC) says the increase in petrol price is in violation of all agreements the union had with the Federal Government.

This is contained in a statement jointly signed by TUC’s President, Mr Quadri Olaleye and its Secretary-General, Mr Musa-Lawal Ozigi on Tuesday in Lagos.

The statement noted that in spite of efforts made by the organised labour in its last meeting with government over hike in fuel price and electricity tariff, it had resolved to further impoverish Nigerians with the recent increase.

“We recall that at our meeting, the government appealed that subsidy removal was the only way out, else the economy will collapse and there will be massive job losses.

READ ALSO  We need Okonjo-Iweala in WTO - Trade Unions

“We agreed with them to save the economy and jobs.

“If the government claims to have deregulated the downstream sector of the oil and gas by removing fuel subsidy, it means the independent oil marketers are importing petrol at their own cost.

“Information at our disposal, however, is that no independent marketer is importing fuel because they cannot access dollars.

“The Nigeria National Petroleum Corporations (NNPC) is still holding on to that monopoly,” the duo said.

Both leaders expressed disappointment that the government had again reneged on the agreement reached with the organised labour sometime in September.

The duo said, “In few days, the various committees involving government and the organised labour will brief labour and the civil society and the outcome of that meeting will determine our next line of action.’’