ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Friday, September 4, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
Home Economy And Business

BREAKING: NLC Condemns Recent Petrol Price Hike

“This pump price hike will not only affect foodstuff and fare. There is the problem of inflation and the value of naira to contend with. Instead, what we are seeing is a situation we call Tinubunomics. It is something that has not been tested.

by NewsOnline Nigeria
January 20, 2025
in Economy And Business, Headline
0
NLC

NLC has condemned the recent petrol price hike.

 

NewsOnline Nigeria reports that the Nigeria Labour Congress (NLC) has condemned the recent hike in the price of petrol, describing it as insensitivity against the masses.

 

Following the hike in the cost of the commodity by the Dangote Petroleum Refinery and various depot owners, the pump prices of petrol rose to between ₦1,050 and ₦1,150 per litre.

 

Reacting to the development, the Deputy President of NLC Political Commission, Theophilus Ndubuaku told Punch that in saner climes representatives of workers, the organised private sector and students would have been consulted before making a decision to increase the fuel price.

 

ALSO: Wike Speaks On Being Igbo Man Amid Mbata’s Emergence As President-General of Ohanaeze Ndigbo

 

He argued that in an inclusive government, one person should not be the one calling the shots. Ndubuaku lamented that when people speak up attack dogs are sent after them and they are labelled members of the Obidient Movement.

 

He said, “This pump price hike will not only affect foodstuff and fare. There is the problem of inflation and the value of naira to contend with. Instead, what we are seeing is a situation we call Tinubunomics. It is something that has not been tested.

 

“When you talk about subsidies, is there a country that doesn’t have it? It’s all over the world. Even most of the goods you see in this country from China are subsidised. You are refusing to subsidise fuel and also refusing to even facilitate the so-called CNG buses. How many years does it take to do something like this?

 

“If you know the kind of game we (the NLC) and them are playing on this CNG thing. Now, they are not even involving the people in the so-called CNG conversion. If you promise to run an inclusive government, It’s not just you that should be doing the talking. Yet, when somebody talks, they send attack dogs to attack and label him a member of the Obidient movement.”

Borrow Obasanjo Template

Continuing, Ndubuaku emphasised that President Bola Tinubu will do well to borrow the template of former leaders like Olusegun Obasanjo, who he claimed held a monthly roundtable with stakeholders whenever sensitive issues that have a lot to do with workers’ welfare were being discussed.

“Such discussions were held in the Villa. Every month people would be invited and issues would be discussed. We’re not saying you shouldn’t do it. But please, carry people along. Let us know why you want to do these things so people will be prepared.

“But you can’t just keep changing the prices without any regard for us? This is what is causing all this frustration. They are not carrying the masses along. They have virtually made it difficult for the NLC to be involved in anything they are doing. Nigeria is not the personal property of anybody.

“If you are going to do anything that will involve the masses, you should call the people who represent the workers at least. You have certain blocks and groups of people in this country that have representatives, even in the so-called business sector that you can talk to,” he explained.

Previous Post

Wike Speaks On Being Igbo Man Amid Mbata’s Emergence As President-General of Ohanaeze Ndigbo

Next Post

BREAKING: EFCC Announces Date To Arraign Oba Otudeko, 3 Others Over N12.3bn Fraud

Next Post
Oba Otudeko

BREAKING: EFCC Announces Date To Arraign Oba Otudeko, 3 Others Over N12.3bn Fraud

Trending Stories

NLC

BREAKING: NLC Condemns Recent Petrol Price Hike

SWAC 4 ABAT

2027: SWAC 4 ABAT Takes Tinubu Campaign to Agboyi-Ketu, Secures Council Chair’s Support

Baltasar Engonga Wife Video Knacking Another Man

Watch Full Baltasar Engonga Wife Video Knacking Another Man [#BaltasarEngonga]

Uber

BREAKING: Uber Shuts Down Operations in Nigeria After 12 Years

JAMB Past Questions

Download JAMB Past Questions & Answers PDF From 1983 Till Date [All Subjects]

Notti Osama Video Footage

WATCH Notti Osama Video Footage Of Death On Tiktok, Twitter, & Reddit

Failed Leadership

Threatening Citizens Over Their Votes: Abuja Council Chairman’s Reckless Assault on Democracy

Pensioners

From Serving Nigeria to Begging Nigeria: The Shameful Betrayal of Pensioners

FairMoney

FairMoney Surpasses 30 Million Registered Users in Nigeria

Mathesis Analytics CEO

Mathesis Analytics CEO Urges Nigerian Lenders to End Blanket Interest Rates

Latest Stories

FairMoney

FairMoney Surpasses 30 Million Registered Users in Nigeria

SWAC 4 ABAT

2027: SWAC 4 ABAT Takes Tinubu Campaign to Agboyi-Ketu, Secures Council Chair’s Support

Pensioners

From Serving Nigeria to Begging Nigeria: The Shameful Betrayal of Pensioners

Failed Leadership

Nigeria’s Great Escape: How Corruption and Failed Leadership Are Driving Citizens Abroad

Corruption

When Shame Dies: How Corruption Became a Celebration and Critics Became the Enemy

Failed Leadership

Threatening Citizens Over Their Votes: Abuja Council Chairman’s Reckless Assault on Democracy

Uber

BREAKING: Uber Shuts Down Operations in Nigeria After 12 Years

Tinubu’s 1990s US Drug Investigation

FBI Filing Revives Scrutiny of Tinubu’s 1990s US Drug Investigation

Mathesis Analytics CEO

Mathesis Analytics CEO Urges Nigerian Lenders to End Blanket Interest Rates

Timipre Sylva

$14.86m Fraud: EFCC Tells Timipre Sylva to Present Himself for Questioning

NewsOnline 2026

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria