Senate throws weight behind fuel price hike but sympathises with Nigerians

Posted by Mayowa Okekale, Abuja | 17 May 2016 | 1,894 times

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The Nigerian Senate today gave its support to the recent increase in fuel pump price announced by the Federal Government despite the strong rejection of the action by the Nigerian masses.

The Upper Chamber of the National Assembly, on resuming its plenary session, held an executive session, where it briefly deliberated on the issue, assuring Nigerians that palliatives in the 2016 Budget would cushion the effect of the hardship caused by the increase in fuel price from about N86 per litre to N145 a litre.

While giving the report of the executive session, the Deputy Senate President Ike Ekweremadu, said: “The lawmakers have deliberated on the price hike and the threat by the NLC. As a result of this, the Senate really sympathise with the people of Nigeria on the hardship brought by the hike.”

He added: “We are however urging the Nigeria Labour Congress to continue to dialogue with Government. But we also know that palliatives in the 2016 Budget would be implemented to assuage the suffering of the people.”

The new fuel pump price was announced last week by the Minister of State for Petroleum Resources, Ibe Kachikwu.

However, Nigeria Labour Congress has opposed the policy, threatening to embark on strike from Wednesday, but aviation workers and their counterparts in the oil sector, are backing the policy.

•Photo shows Deputy Senate President Ike Ekweremadu.


Source: News Express

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