Fuel Price Hike: NUPENG Workers Battle Ready To Resist Petrol Price Increase

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The National Union of Petroleum and Natural Gas (NUPENG) workers have insisted on resisting any attempt to increase the price of Premium Motor Spirit, which is popularly known as petrol.

This is as some of the marketers can not afford to import petrol due to its current pump price whose landing cost rose to over N135 per liter.

The marketers also protest backlogs of debt by the FG which runs in billions of naira which if not paid, would force many dealers into the business of PMS importation as against the current situation where only the Nigerian National Petroleum Corporation imports more than 90 per cent of the product.

Speaking on a live television programme monitored, NUPENG President, Mr. Igwe Achese argued that the billions of naira owed oil marketers by the Federal Government should not be the basis for increasing petrol price.

Achese said, “ That debt shouldn’t ’ t be the basis for talking about increasing the prices of petroleum products. If marketers are owed by the government, I believe they have a right to demand the debt and the government also has a responsibility to pay these marketers.

“ But my basic concern here is that must we continue to talk about increasing the price of fuel? The economic situation is biting in the sense that things are hard; economically we cannot move forward and yet somebody wants to wake up one morning and say the only option they want to apply is to talk about increasing fuel price, because you are being owed or because you want to make profits. ”

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