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Subsidy Removal: NLC to embark on nationwide strike Wednesday
The Nigeria Labour Congress, NLC has given a notice to commence nationwide strike over the fuel subsidy removal that has led to price hike of N540/litre of fuel across the country.
The decision of the NLC to embark on strike followed a breakdown negotiation with the Federal government.
The strike has been scheduled for Wednesday 7th May, 2023, should the Federal fail to reverse before the day.
The NLC has insisted on the reversal of subsidy due to the high cost of Premium Motor Spirit, PMS, after ending the emergency National Executive Council Meeting held in Abuja on Friday.
Public outcry has been trailing the removal of fuel subsidy after President Bola Tinubu, his inaugural speech on Monday, May 29, 2023, announced the removal of fuel subsidy, saying, “Subsidy is gone,” Tinubu had said.
Though the President’s image makers in statements issued by the state house insisted that the new president was misquoted by some sections of the media.
Tinubu’s declaration led to an increase in panic buying with some filling stations across the country pegging the pump price of petrol to as high as N600 per litre.
On Wednesday, May 31, 2023, the NNPCL announced new pump prices according to states.