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TUC kicks against FG's plan to increase petrol pump price - Printable Version +- Forums (http://contripeople.com) +-- Forum: General Discussion (http://contripeople.com/forumdisplay.php?fid=5) +--- Forum: General Discussion (http://contripeople.com/forumdisplay.php?fid=60) +--- Thread: TUC kicks against FG's plan to increase petrol pump price (/showthread.php?tid=44153) |
TUC kicks against FG's plan to increase petrol pump price - Edoman - 02-10-2021 You have no mercy for the poor people of this country''- TUC kicks against FG's plan to increase petrol pump price The Trade Union Congress (TUC) says the decision by the Federal government to propose a new pump price for Petrol shows it has no mercy for the poor in the country. The Minister of State for Petroleum, Timipre Sylva, while speaking at the launch of the Nigerian Upstream Cost Optimisation Programme in Abuja, hinted that there might soon be an increase in petroleum pump price. He said since there is an increased demand for oil globally, this will translate to an increase in the oil price which would mean an increase in revenue for Nigeria. However, an increase in oil price would also mean an increase in the cost of petroleum products as the country depends heavily on imports due to a lack of domestic refining. Quote:“As desirable as this is, this has serious consequences as well on product prices. So we want to take the pleasure and we should as a country be ready to take the pain. Reacting to Sylva's disclosure, the TUC, in a statement titled ‘Why are you always quick to tell us about rise in crude price?’ said the planned increase in petrol pump price points to the fact that the government has no mercy for the poor. The TUC said the government appears not to be disturbed by the poverty-ridden plight of Nigerians and the unemployment/insecurity situation that their obnoxious policies have created in the country. The statement, signed by its president, Comrade Quadri Olaleye, reads: Quote:“The Trade Union Congress of Nigeria (TUC) has expressed shock over the recent statement credited to the Ministry of Petroleum on the recent rise in the price of crude in the international market. |