The Nigerian labour congress (NLC) has expressed disappointment by the federal government over the increases of pump price of pms.
NLC said one of the reasons for accepting N70,000 as national minimum wage was the understanding that the pump price of pms would not be increased even as we knew that N70,000 was not sufficient.
We recall vividly when Mr President gave us the devil’s alternatives to choose from: either N250,000 as minimum wage (subject to the rise of the pump price between N1,500 and N2,000) and N70,000 (at old pms rates), we opted for the latter because we could not bring ourselves to accept further punishment on Nigerians.
But here we are, barely one month after and with government yet to commence payment of the new national minimum wage, confronted by a reality we cannot explain. It is both traumatic and nightmarish.
Yet, when we told government that it’s approach to resolving the fuel subsidy contradictions was patently faulty and would not last, it’s front row cheer leaders sneered at us, saying we did not understand basic economics .
But if truth be told, this act of betrayal is consistent with the character of this government. We recall the assurances we were given by the leadership of the NATIONAL ASSEMBLY on the 250% ELECTRICITY TARIFF HIKE, that it had been dealt with and there was no need to openly engage the Minister of Power who was at that meeting.”
