The Bola Ahmed Tinubu-led administration met with the leaders of the Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) on Wednesday to discuss pressing issues, particularly the recent petrol price hike
The meeting, held at the Presidential Villa, was focused on addressing concerns regarding the sharp increase in fuel prices, which has caused significant public backlash.
Sources indicated that the meeting took place in the office of the Secretary to the Government of the Federation (SGF), George Akume. Among those present were Mallam Nuhu Ribadu, the National Security Adviser (NSA); Nkeiruka Onyejeocha, the Labour Minister; Wale Edun, Minister of Finance and Coordinating Minister of the Economy; Mohammed Idris, the Information Minister; Heineken Lokpobiri, the State Petroleum Minister; and Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas). Representatives from the Nigerian National Petroleum Corporation (NNPC) Limited were also in attendance.
The discussions came in the wake of last week’s adjustment in fuel prices by the NNPCL. In Lagos, the pump price per litre was raised to ₦998, a significant increase from the previous ₦855.
Similarly, in Abuja, petrol prices jumped from ₦897 to ₦1,030 per litre. These hikes followed an earlier increase by the NNPCL on September 2, 2024, when the price per litre was raised from ₦568 to ₦855.
The price had initially been raised from ₦184 to ₦568 in June, sparking widespread outrage among Nigerians.
The meeting aimed to address the impact of these price increases and explore potential solutions to alleviate the financial strain on the population.