The Nigeria National Summit Group (NNSG) has decried the increase in the pump price of Premium Motor Spirit also known as petrol and has called on Federal Government to revert to the old price of the product, lamenting that Nigerians are already over-burdened.
In an emergency meeting held in Lagos, the Executive Secretary of the Group, Mr Tony Uranta lamented that Nigerians were already over-burdened with the economy and an increment in the pump price of fuel would only worsen their plights.
”Nigerians are over burdened by the current economic situation and adding the increase in fuel pump price may cripple the nation especially small businesses that are the bedrock of any nation’s economy,” he said.”
The group also warned Nigeria Labour Congress (NLC) to be careful in its negotiation with Federal Government over the fuel price hike issue.
”We will not be fooled by pre-agreements on an actual pump price before negotiations. The only negotiation that will be acceptable is a total revert to the old price. Nigerians should be allowed to see and enjoy the change they were promised,” the Group said.