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There is no increase in fuel price, says Federal Government



Don’t embark on strike over minimum wage bill, FG appeals to labour

The Federal Government has guaranteed the tripartite labour community of the organised labour, organised private sector and certainly all Nigerians that there is presently no increment in the price of Premium Motor Spirit (PMS).

According to a statement in Abuja by the Honourable Minister of Labour and Employment, Senator Chris Ngige, disclosed that there will be no increment in the price of PMS for at this time, as deliberations were still going on between the government and the organised labour and also other stakeholders on the issue.

There is no increase in fuel price, says Federal Government

Minister of Labour and Employment, Dr. Chris Ngige

As indicated in the statement, “I have made contact with the relevant authorities, the Federal Ministry of Petroleum Resources and the NNPC and wish to assure members of the public, especially the organised labour and workers that there is no such increase for now.”

“We have ongoing discussions and standing committees comprising labour and government on one hand and another, comprising the office of the Vice President, Secretary to the Government of the Federation, Governor of the Central Bank of Nigeria (CBN), Group Managing Director of (NNPC) and the Ministers of Labour, Petroleum and Finance.”

The Minister clarified that these two deliberations were going on simultaneously and that the next meeting between the Federal government and the organised labour will hold immediately after the Easter break.

Ngige declared that the current attempt to lift a done deal, with the government and all its efforts runs against the ongoing deliberations, stated, “We hence wish to warn the insidious harbingers of such information not to portray the government as cruel, irresponsible and unamenable to social dialogue and Collective Bargaining.

“Government will at the right time do appropriate pricing for petroleum products, but not without taking other issues into consideration. This is to ensure that Nigerians don’t suffer the pangs of any price increase in petroleum products.

“Government has deregulated petroleum products and market forces have to dictate pricing. That notwithstanding, the government has decided to give it a human face by agreeing to some palliative measures that will make the price realistic and affordable to the ordinary Nigerians.

“We, therefore, wish to re-assure our partners in the organised labour, the NLC, TUC and affiliate unions that there will be no increase in the price of PMS for now. They should therefore continue to cooperate with the government side to have a fruitful outcome from the discussions.”


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