The Nigeria Labour Congress (NLC) on Wednesday labeled the current dealings between the Nigerian National Petroleum Corporation Limited (NNPCL) and the Dangote Refinery as fraudulent.
NLC President, Joe Ajaero, blamed the government’s inconsistent policies for the ongoing price conflict between NNPC and the refinery.
Speaking to journalists at Murtala Muhammed Airport Terminal 2 in Lagos, Ajaero emphasized that a deregulated economy should encourage competition and consumer choice.
He criticized the government’s failure to repair local refineries as previously promised, accusing them of intentionally undermining the Dangote Refinery over the past two weeks.
Ajaero urged Nigerians to oppose government interference in private sector pricing, stating: “It’s fraudulent for the government to regulate Dangote’s prices for locally produced products when there are no import costs involved. Expecting him to sell at the same price as imported products is unacceptable.”
On the new N70,000 minimum wage, Ajaero assured that there was no cause for concern, as it would be implemented in line with the agreement made on April 18, 2024. He mentioned that the consequential adjustment committee was making progress, and the National Assembly had already passed the bill for the new wage.
