Following the news of the Federal government’s plan to increase fuel pump price to N340, the Nigeria Labour Congress (NLC) has vowed to grand economic activities across the country, adding that it has started mobilisation of its members for the showdown.

Recall that the Federal government recently announced that its readiness to withdraw subsidies on petroleum products from next year, saying that the burden of the subsidy was heavy to bear.

Speaking at the opening ceremony of 17th NLC Harmattan School in Ilorin, Kwara State, the NLC President, Comrade Ayuba Wabba vowed that labour would resist the attempt by the government to increase the fuel price without making adequate arrangements to cushion the effect.

He contended that if the government succeeds in the plan, the impact of the price hike will affect every Nigerians, motorists, households, transporters, and others.

Wabba lamented that out of the OPEC member countries, it was only Nigeria that was following the International Monetary Fund (IMF) policies, which he described as neoliberal.

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