Failed subsidy promises: NLC, others blast Jonathan … ask government to revert petrol price to N65

THE stage appeared set for another round of showdown between President Goodluck Jonathan and labour unions on the issue of fuel subsidy with labour on Tuesday asking the Federal Government to revert the pump price of petrol to N65 per litre. The Nigeria Labour Congress and the Association of Senior Civil Servants of Nigeria said the Jonathan administration had no option other than to reverse the price from its present N97 to the old N65 per litre since the President had said he was rethinking the Subsidy Reinvestment and Empowerment programme.

Jonathan on Monday reportedly told chieftains of the Peoples Democratic Party at their 58th National Executive Committee meeting in Abuja that implementation of the palliatives to cushion the effects of subsidy removal were no longer feasible. The President said the palliatives had been based on the 100 per cent removal of subsidy on local consumption of fuel.

http://www.punchng.com/news/failed-subsidy-promises-nlc-others-blast-jonathan-ask-government-to-revert-petrol-price-to-n65/

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