Federal Government will meet with state governors and the Nigerian National Petroleum Corporation (NNPC) on Thursday to find a solution to issue of right pricing for Petrol in the country.
The Minister of Labour and Employment, Sen. Chris Ngige, said this while speaking with newsmen at the end of a meeting between the Federal Government and Organized Labor in Monday in Abuja.
The News Agency of Nigeria reports that the meeting is a continuation of the series of meetings held in 2020 in a bid to persuade labor unions from embarking on industrial action over the increase in the price of petrol and electricity.
Ngige said that the meeting with organized labor was peaceful and productive.
The President of the Nigeria Labour Congress, Mr. Ayuba Wabba, said they were able to point out areas of the report on PMS pricing that labor was not in agreement with. Wabba also said that labor maintained that it was not comfortable with the import pricing method that was adopted by the country.
The Federal Government had in November 2020 raised the depot price of petrol from N147.67 to N155.17 per liter, enforcing marketers to sell between 165 and 173 Naira per liter.