Indications have emerged why the talks between the Nigerian government and the leaders of organised labour hit the rocks Monday night.
The federal government had announced the deregulation of the petroleum downstream, a development that has jerked up the price of Premium Motor Spirit, otherwise known as fuel from N86 to N145 per litre.

Following the development, labour leaders threatened to embark on nationwide strike if the price was not reversed within 96 hours.
In a bid to stop the strike action, the government called for a dialogue with the workforce Monday.

A competent insider hinted DAILY POST that the federal government during the meeting with the Ayuba Wabba-led NLC proposed N120 per litre but labour rejected, describing it as outrageous.

According to him, the presidency said the best they could do was to reduce the pump price by N25, in consideration of the outcries by Nigerians.

“That was why the meeting ended in deadlock. FG proposed N120 per litre but the NLC insisted of total reversal to the old price, which is N86 per litre.

“They were not ready to accept the outrageous proposal.

“The outcome of the meeting with the Joe Ajaero-led group would determine the next line of action,” the source who would not want his name mentioned said.

However, efforts to reach the NLC General Secretary, Peter Ozo-Esun for confirmation could not yield any fruit at the time of this report.

http://dailypost.ng/2016/05/17/labour-leaders-kick-as-fg-proposes-n120-per-litre/

Say No to Strike

Say YES to Salary Increment.

Why are they suffering Nigerians?.

This NLC had better take this offer before FG go change their mind...

This isn't right.

Let me bare an unbiased opinion about this since it appears the wailers are simply too dumb to engage on in any constructive and intelligent argument- all I've been hearing are insults and "apologise to Jonathan".

No Wailer has been able to ask one a very IMPORTANT question regarding one VERY OBVIOUS ANOMALY surrounding this whole "subsidy removal/deregulation" stuff, and that question is: if the government had earlier claimed that they subsidise petrol by about N17 per litre, then why on earth isn't fuel selling for approximately N103 per litre ( ie 86+17) as against N145 or the N120 allegedly being proposed now??

Wailers, make una try get small sense so una go fit put us, and perhaps, the government, on our toes. Throwing insults around and getting tens of likes wouldn't get you lot anywhere.

Government needs to tell us why it is 145 and not 103.

omenka:
This isn't right.

I feel like giving you a slap!

abeg pity am

cktheluckyman:

I feel like giving you a slap!

NLC kenan!



"When you hear the kick?"





***in don jazzy's voice***

I believe in Buhari. He meant good for this country... Carry me dey go, Buhari carry me dey go dey go dey go . . . .

Seems 112.50 is the destination.

I see govt shifting ground knowing too well that it would be cheaper to "supplement" the difference in pms price than bear the huge wage burden of increased minimum wage over N18k

Labour beta accept this offer

abi

talktonase:
This NLC had better take this offer before FG go change their mind...

I think this is fair enough, 145 is a No No No

cktheluckyman:

I feel like giving you a slap!

Forgive and forget, I also felt like punching him

Better than 145

been paying double of my transport to work since that hike. We are suffering.

awomike4u:
Why are they suffering Nigerians?.

cktheluckyman:

I feel like giving you a slap!

so this is the true price that the FG wants. Kachikwu your village people are waiting for you

NLC should not accept any increase in PMS price.

cktheluckyman:

I feel like giving you a slap!

Your obsession is very disturbing. Hope all is well with you wherever you are. It is such a damn shame and pity I cant help you.

modelmike7:
I believe in Buhari. He meant good for this country... Carry me dey go, Buhari carry me dey go dey go dey go . . . .

Common man!!!!! what are you even saying

Either the government removes their hand completely , stop funding corruption , let the price stay and proffer ways to ease the pressure off the people or revert to the 'cabal" friendly 87 naira... 120naira? no bueno...

However i don't believe this story anyway....

you wan kill am?

iflywithbuhari:
so this is the true price that the FG wants. Kachikwu your village people are waiting for you

We don't want 120 naira a litre then later someone will tell us there is still subsidy. .let them leave it at 145 a litre ooo

omenka:
This isn't right.

Let me bare an unbiased opinion about this since it appears the wailers are simply too dumb to engage on in any constructive and intelligent argument- all I've been hearing are insults and "apologise to Jonathan".

No Wailer has been able to ask one a very IMPORTANT question regarding one VERY OBVIOUS ANOMALY surrounding this whole "subsidy removal/deregulation" stuff, and that question is: if the government had earlier claimed that they subsidise petrol by about N17 per litre, then why on earth isn't fuel selling for approximately N103 per litre ( ie 86+17) as against N145 or the N120 allegedly being proposed now??

Wailers, make una try get small sense so una go fit put us, and perhaps, the government, on our toes. Throwing insults around and getting tens of likes wouldn't get you lot anywhere.

Government needs to tell us why it is 145 and not 103.

The rate used to draw the N86.5 pump price is the official exchange rate(N199/$1) while the rate used to draw the N145.0 pricing is the parallel market exchange rate(N320/$1).
Got it?
What some Nigerians are clamouring for now is the removal of NIMASA, landind cost charges etc to lower the pump price.
Chikena!

You've gat to endure dear. Nigeria go better

Labour should please keep quiet. Are they on our side? Labour has be compromise. Simple.

I concur.

idupaul:
We don't want 120 naira a litre then later someone will tell us there is still subsidy. .let them leave it at 145 a litre ooo

modath:


Common man!!!!! what are you even saying

Either the government removes their hand completely , stop funding corruption , let the price stay and proffer ways to ease the pressure off the people or revert to the 'cabal" friendly 87 naira... 120naira? no bueno...

However i don't believe this story anyway....

. . . . I do not believe the story also tho, but i don't understand the 'funding corruption' you are talking about Modath. All I know is that PMB is the right person to take this nation to the promised land. So help him God.

VLadipo:


The rate used to draw the N86.5 pump price is the official exchange rate(N199/$1) while the rate used to draw the N145.0 pricing is the parallel market exchange rate(N320/$1).
Got it?
What some Nigerians are clamouring for now is the removal of NIMASA, landind cost charges etc to lower the pump price.
Chikena!

I'd do the maths and get back to you.

Edit:

Just did my little multiplication and saw that even going by the parallel market rate of $320, the cost should have been N138 per litre as opposed to 145. So where did the extra N7 come from?

Not good at 120 but better than 145

I am cool with it as long as it eliminates the long queues and its availability is assured..

Lets see if they both shift grounds..

#lFARTWITHBUHARI#..

100 a liter at most or strike simple

omenka:
This isn't right.

Let me bare an unbiased opinion about this since it appears the wailers are simply too dumb to engage on in any constructive and intelligent argument- all I've been hearing are insults and "apologise to Jonathan".

No Wailer has been able to ask one a very IMPORTANT question regarding one VERY OBVIOUS ANOMALY surrounding this whole "subsidy removal/deregulation" stuff, and that question is: if the government had earlier claimed that they subsidise petrol by about N17 per litre, then why on earth isn't fuel selling for approximately N103 per litre ( ie 86+17) as against N145 or the N120 allegedly being proposed now??

Wailers, make una try get small sense so una go fit put us, and perhaps, the government, on our toes. Throwing insults around and getting tens of likes wouldn't get you lot anywhere.

Government needs to tell us why it is 145 and not 103.

U are slow this has been repeatedly asked. 12.98k was the reported subsidy that should make the pump price About 100naira! Go and get the official response from the opposition.

The opposition is patriotic not petty like apc then!