NUPENG Vows To Resist Deregulation Of Petrol Price Based On Importation | Sahara Reporters

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.officialNUPENG9 Vows To Resist Deregulation Of Petrol Price Based On Importation | Sahara Reporters NNPCgroup PENGASSAN

Secretary-general of the Nigerian Union of Petroleum and Natural Gas Workers , Afolabi Olufemi, says the union will not accept the federal government’s removal of subsidies on the petrol pump price, except the product is refined in the country.

Olufemi said the Buhari government had made the same promise when it came into office in 2015 and altogether eight years later, from 2012, nothing had changed. The corporation has since shifted the deadline, with several officials stating on different platforms that they hoped to get all refineries on stream by 2023.

Contrary to the federal government’s claim that it would not subsidise petrol prices; however, it has maintained a form of cost reduction on the retail price of the product through a currency subsidy.

 

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