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Anambra labour says cost of petroleum products affecting business

By Uzoma Nzeagwu, Awka
10 February 2018   |   3:32 am
The Anambra State chapter of the Nigeria Labour Congress (NLC) has described the lingering high cost of petroleum products as a huge setback for businesses and economic existence of the people and called on the Federal Government to take more drastic action to remedy what it termed “embarrassing situation.” Its Chairman, Jerry Nnubia, said yesterday…

PHOTO: arnapress.kz

The Anambra State chapter of the Nigeria Labour Congress (NLC) has described the lingering high cost of petroleum products as a huge setback for businesses and economic existence of the people and called on the Federal Government to take more drastic action to remedy what it termed “embarrassing situation.”

Its Chairman, Jerry Nnubia, said yesterday in an interview with newsmen in Awka, decried the situation, lamenting that the clampdown on marketers by the Department of Petroleum Resources (DPR) has not solved the problem.

“It is unfortunate that petrol is still being sold between N190 and N200 per litre, instead of the approved N145. It is a huge setback for businesses and economic existence of the people.

“The inflationary effect of the unofficial hike in the price of petrol is affecting the lives of common citizens especially, workers, whose N18, 000 minimum wage can no longer pay their bills.

“Federal Government should not only address Nigerians on the situation, but also ensure that the sector returns to normal through massive supply of products. Government is becoming insensitive to the plight of the people as it concerns this fuel issue.

“We are aware that petrol is the driver of every other sector of the economy and you can see the suffering this hike has brought to the people,” Nnubia noted.

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