Subsidy: NLC warns increase in fuel price will affect cost of food, transport

The Nigerian Labour Congress has warned that the planned removal of fuel subsidy and subsequent increase in fuel price will affect every facet of life, including transportation, cost of food items, clothing, housing and others.

Mr Ikechukwu Nwafor the NLC chairman in Ebonyi disclosed this in an interview with the News Agency of Nigeria on Friday in Abakaliki.

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Nwafor stated that It is high time Nigeria fixes its own refineries, adding that Nigeria can end the importation of fuel in the country if it can have the refineries working.

“We should understand that this is not the right time to increase the pump price when the cost of living is already difficult. Prices of food commodities are already beyond the capacity of civil servants.

“How will the civil servants, who are the engine of the economy, cope?

“What we are telling the federal government is to consider the consequences of the increase on the masses and the current economy,” Nwafor said.

He also stated that the NLC Chapter in Ebonyi State plans to embark on a protest on January 27th, urging all Nigerians and Ebonyi state to rise against the removal of oil subsidy and hike on fuel price.

“Of course, the increase is going to affect all citizens and we are saying no to it,” he said