Do not increase fuel price – NUPENG tells FG

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An oil workers union, NUPENG, says the Federal Government should not succumb to pressure from some groups to increase pump price of petrol for now.

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Tokunbo Korodo, the South-West Chairman of the union, gave the advice in an interview with the News Agency of Nigeria on Tuesday in Lagos.

Mr. Korodo said that there was pressure on the government to increase the pump price of petrol from some groups.

He said that any increase in the price of petrol at this time would be resisted by the labour unions.

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According to him, any adjustment of the pump price will give the current administration a bad name with the challenges Nigerians are facing.

He urged government to fix the economic challenges by selling off its unviable asset, adding that the masses were going through rough times.

The NNPC on Monday debunked rumours of plan to increase the pump price of petrol.

Garba Deen Muhammad, Group General Manager, Public Affairs Division of NNPC, said the corporation was not empowered to increase prices of fuel.

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A forum of former Group Managing Directors of the NNPC on September 5 called for removal of price cap in the petrol pricing template.

Removal of the current N145 price cap would eventually lead to an increase in price.

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