Africa Governance Government Labour Nigeria Oil

Nigeria averts petrol, power price strike

Nigerian National Petroleum Corp. (NNPC) has reached a deal with unions, preventing what had been tipped as being the largest strike in Nigeria’s recent history.

“We reached [an] accord to suspend the planned strike action”, said NNPC’s managing director Mele Kyari. This is a “great responsibility for both [government] and labour, all serving the common good, beneficial challenge for NNPC, we will follow through diligently”, he reported on Twitter. The Nigeria Labour Congress (NLC) had endorsed the planned strike on September 22.

Protests focused on the increase in petrol and electricity prices. The NLC had said higher prices were “ill timed and insensitive to the sufferings that Nigerians are going through at the moment especially in the wake of the socio-economic dislocations occasioned by the Covid-19 pandemic”.

Also read: Nigeria’s oil reform bill foresees privatisation of National Petroleum Company, royalties changes

Source: EnergyVoice via CrudeMix Africa

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