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FG rejects governors' request to increase fuel price to N380 per litre.

The Federal Government has rejected a proposal calling for an increment of petroleum spirit price between N380 to N408 per litre until the conclusion of the ongoing negotiations with organised labour.
According to reports, this came after governors recommended increment of petrol price to the above-mentioned price and removal of fuel subsidy.

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Meanwhile, Oil marketers under the aegis of Petroleum Products Retail Outlets Owners Association of Nigeria, on Friday, demanded that the Federal Government end the fuel subsidy with immediate effect in accordance with the state governors demand in May.
PETROAN President, Dr Billy Gillis Harry, insisted that oil marketers’ position that fuel subsidy should be stopped remained.
However, the Federal Government reiterated its stance of May, stating that no decision on the adjustment of petrol price would be reached until the ongoing negotiations with the organised labour were concluded.

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The Special Assistant on Media to the Minister of State for Petroleum Resources, Garba-Deen Muhammad, stated that he would re-echo the position of his boss, Sylva, who had earlier stated the position of the Federal Government on the matter.

Muhammad said people were free to make analyses and recommendations but stressed that the government’s position on petrol price had not changed.
He said;

“The truth is that the key component for us to make the decision is basically for us to have a consensus with labour. So regardless of what the governors or anybody else is saying, labour is the key partner in this project.

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“The negotiations with labour officials are ongoing. A decision will not be reached until the negotiations are over. So anybody can say what they want.”

“The fact is that the labour represents the Nigerian people and the government is working with the Nigerian people. So it is a cardinal objective that the labour is carried along.”

Source: LailasNews
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