Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Increase in petroleum prices, electricity tariff, condemnable – TUC

    Increase in petroleum prices, electricity tariff, condemnable – TUC

    September 6, 2020
    Share
    Facebook Twitter LinkedIn WhatsApp
    *The flag of the Trade Union Congress of Nigeria

    Matthew Asabor

    Lagos — The Trade Union Congress of Nigeria has described the increase in the prices of Premium Motor Spirit, PMS, popularly called petrol and also electricity tariff, as condemnable.

    In a statement, the President, TUC, Comrade Quadri Olaleye said, for the umpteenth time, they have complained about the gradual and steady annihilation of Nigeria in the light of government action.

    He stated that, the government and its agencies have resorted to doing the opposite of what they were set up to do, instead of providing welfare they are killing the people systematically.

    “All the policies Nigerians have kicked against, they have implemented. They have developed a thick skin that our pleas and cries no longer mean anything to them. No government has raped this country like the present one; ironically it has enjoyed our understanding the most. They beat us and when we cry they send security operatives after us or force us to pay a fine of N5m for ‘’Hate speech’’. Our patience has run out’ he fumed.

    Olaleye averred that, increase in petroleum prices, electricity tariff at a time people are losing their job, businesses are not moving in the light of Covid-19, is to say the least wicked.

    He blamed the Central Bank of Nigeria for its failure to stabilize the economy, and also their inability to provide forex , which have resulted in service providers looking for dollars in the open market, as it is natural that they will want to make profit,

    The TUC boss urged the government to direct CBN to provide dollars at official rate to importers of petroleum products and also return the social services to its originally maintainable prices’ he stated.

    ‘We urge the government to listen to the voice of reason and reverse the price immediately and also they should stop pushing Nigerians to the wall, as this is too daring’ he said.

    Related News

    Africa’s nuclear renaissance: World Bank greenlight ignites a new era

    Transocean Coatings establishes affiliate at SIIFZ

    AEC launches specialized advisory services to support African energy investments

    E-book
    Resilience Exhibition

    Latest News

    FG backs Indorama’s expansion drive to boost Nigeria’s gas-based industrialization

    June 18, 2025

    Nigeria to sign 30 investment MoUs with Brazil on energy, agriculture, others

    June 18, 2025

    TotalEnergies, QatarEnergy granted new exploration license for Algeria

    June 18, 2025

    OPEC Fund commits $1bn in new financing for developing nations

    June 18, 2025

    ‘Nigeria to export first gasoline cargo to Asia from Dangote Refinery’

    June 18, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.