Energy Oil

NUJ plans nationwide protest over fuel subsidy removal

The Nigeria Union of Journalists (NUJ) said it would embark on a nationwide protest from next Wednesday if the Nigerian National Petroleum Company Limited (NNCPL) refuses to reverse the new price regime in the oil sector.
NUJ National Secretary, Shuaibu Usman Leman, disclosed this in a statement shared with journalists after an emergency Central Working Committee meeting of the Union which was convened on Saturday.
According to the statement,” CWC directs all State Councils of the Union to mobilize members to withdraw their services and commence protests nationwide from Wednesday next week, 7th June, 2023, if the Nigerian National Petroleum Company Limited (NNCPL) refuses to reverse the new price regime in the oil sector.
CWC reiterated the removal of fuel subsidy will free allocations which can be channeled to the provisions of infrastructure and creation of additional jobs.
“The sudden removal could however lead to social unrest and protests as people may perceive the Government as being insensitive to their plight.
“CWC also noted that already there is an astronomical increase in the prices of petroleum products and high inflation which have drastically reduced the purchasing power of citizens,” the statement added.

Related posts

Conoil shareholders approve N1.04bn dividend

Our Reporter

We will complete Brass LNG project abandoned for 17 years – FG

Our Reporter

How pump price affects consumer spending

Our Reporter

Bridging payments for PMS remains – NMDPRA

Meletus EZE

AfCFTA: NCDMB advocates database of skills, uniform standards for goods, services

Editor

NERC receives 3.25 million complaints about estimated billing, others

Editor