Nigeria Labour Congress (NLC) has warned that petrol will sell N5,000 per litre given its current trajectory.
NLC spokesman, Benson Upah, said the situation could worsen to the point that Nigerians would eventually be paying N5,000 per litre of petrol.
Upah stated this while reacting to the recent hike in fuel pump price in an interview with Weekend Trust.
He also insisted that the increase is contrary to the agreement NLC reached with the President Bola Tinubu government.
According to Upah, subsidy was never restored as claimed by the Federal Government.
He said: “Subsidy was never restored at any point in time as they claimed.
“So, what will inform moving the pump price of PMS from N650 to N1,500 or N2,000?
“I want to tell you something, what this signals is that Nigerians have not seen the end yet, we may end up paying nothing less than N5,000 per liter for fuel in this country. We hope not to get there but if we get there, the decision will be left to Nigerians.”
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