The Nigeria Labour Congress has accused Dangote Group and oil marketers of ganging up to rip Nigerians off in the Premium Motor Spirit (Petrol) pricing.
NLC disclosed this in a communiqué on Sunday after its National Executive Council Meeting held on Friday.
The Union noted that the current price of petrol, which stood between N1060 and N1,200 per litre, is higher than the market value.
According to the NLC, the high petrol price in Nigeria is an indication of the prevalence of cost padding and abnormal margins in the country’s oil and gas sector at the detriment of Nigerians.
The Union called on the Nigerian government to immediately activate the Port Harcourt refinery takeoff and other government-owned refineries.
“The NEC-in-session noted with increasing dismay the shenanigans around the appropriate pricing of petrol (PMS) in Nigeria.
“It was observed that there may be a gang-up against Nigerians by fat cats in the industry as the current price of the product
is significantly higher than the real market price
Peoplesmind
