The Nigeria Labour Congress has called on “the government to forget the unpopular idea or plan to further mark up the prices of petroleum products”.The NLC said this in a statement applauding the judgment of the Federal High Court (FHC) on the issue of the deregulation of the downstream sector of the petroleum industry.
“This obviously is victory for democracy and the independence of the judiciary,” Promise Adewusi ,acting president of NLC said today on the judgment.
“We commend the plaintiff, Barrister Bamidele Aturu for his doggedness and the Honourable Justice M. Bello for his courage to stand by the constitution.
“However, we sincerely believe that the issues of deregulation go beyond the fixing of the pump prices of petroleum products.
NLC said “The adverse effects of an unconsciounable high cost of petroleum products on the citizenry borne out of bad management of the petroleum sector is the crux of the matter.
“This underscores our insistence that the Chapter Two of the 1999 Constitution (as amended) be made justiceable to promote good governance and protect the welfare and well-being of the Nigerian people.