“Reduce Petrol Pump Price by 40%” – TUC Charges FG

The Trade Union Congress of Nigeria, TUC, has flayed the federal government over the recent cut of 50k in the pump price of fuel, stressing that the margin was not justifiable given the fall in the price of crude oil in the international market.

The TUC president,  Bobboi Kaigama, and Secretary-General, Barrister Musa Lawal, said in a statement in Lagos on Wednesday that the appropriate deed for the Buhari’s government was to have reduced the price of fuel by 40 per cent.

It said: “Considering the drastic fall in the price of crude in the international market, we expected that the pump price of fuel would be reduced by, at least, 40 per cent.

“It is most disappointing that the government reduced the price by just N1 and 50k at filling stations respectively owned by the Nigerian National Petroleum Corporation (NNPC) and the independent marketers”.