Ajaero blames govt policy for NNPCL-Dangote Refinery price war - GFH NEWS
  • Advertise
  • Contact
GFH NEWS
Ecobank Super Rewards
  • Home
  • Economy
  • Politics
  • Health
  • Entertainment
  • Technology
  • Sports
  • Education
  • Others
    • Security
    • Metro/General News
    • Crime
    • Law/Judiciary
  • Contact
No Result
View All Result
  • Home
  • Economy
  • Politics
  • Health
  • Entertainment
  • Technology
  • Sports
  • Education
  • Others
    • Security
    • Metro/General News
    • Crime
    • Law/Judiciary
  • Contact
No Result
View All Result
GFH NEWS
No Result
View All Result

Ajaero blames govt policy for NNPCL-Dangote Refinery price war

gfhnews.com by gfhnews.com
September 18, 2024
in Oil&gas
0
NNPC cuts loss by 99.7% – Report

The President of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero, has blamed the ongoing price war between the Nigeria National Petroleum Corporation Limited (NNPCL) and the Dangote refinery on the government’s inconsistent policies.

Speaking to journalists at the Murtala Muhammed Airport Terminal Two on Wednesday, Ajaero described the situation between the two entities as fraudulent, stating that a deregulated economy should allow for choice and competition.

Ajaero urged Nigerians to voice their concerns, as the government is attempting to control how much the private sector can charge for its products.

“For a product produced here, he didn’t import with dollars, there was no landing cost, and they want him to sell it at the same cost as what they are bringing from abroad. That is fraudulent and unacceptable.”

The NLC president added that the actions witnessed in the past two weeks seem aimed at frustrating Dangote’s efforts.

He also criticized the government for failing to repair the refineries, despite promising to do so in August of last year. As of September 2024, he noted, nothing has been done.

Regarding the implementation of the N70,000 minimum wage, Ajaero assured there was no cause for concern, as it would be carried out according to the agreement reached on April 18, 2024. He noted that the committee on consequential adjustment is working towards its implementation.

Ajaero confirmed that the government will pay the minimum wage, as the National Assembly has passed the bill.

Previous Post

Nigeria’s aviation global rating rises to 70.5 after signed Cape Town Convention

Next Post

ICPC vows to enforce Supreme Court judgment on LG autonomy

gfhnews.com

gfhnews.com

Next Post

ICPC vows to enforce Supreme Court judgment on LG autonomy

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Agriculture
  • Aviation
  • Banking
  • Business
  • Celebration
  • Corruption
  • Crime
  • Culture
  • Cyber security
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • FACT CHECK
  • Feature
  • Filmmaking
  • Finance
  • Food
  • Foreign
  • Health
  • Holiday
  • Home Ownership
  • Housing
  • Information
  • Infrastructure
  • Journalism
  • Labour
  • Law enforcement
  • Law/Judiciary
  • Metro/General News
  • Mining
  • Music
  • Oil&gas
  • Philanthropy
  • Politics
  • Religion
  • Science
  • Security
  • Sports
  • Technology
  • Terrorism
  • Tourism
  • Trade
  • Tragedy
  • Transportation
  • Travel
  • Uncategorized
  • Violence
  • Wildlife
  • work
  • Advertise
  • Contact

© 2024 GFH News

No Result
View All Result
  • Home
  • Politics
  • Entertainment
  • Economy
  • Sports
  • Crime
  • Health
  • Security
  • Contact

© 2024 GFH News