President of the Congress, Comrade Bala Kaigama and the Acting Secretary-General, Simeso Amachree, said in a statement that the TUC may be compelled to take the action in view of the ongoing dislocation of fuel supplies in the country.
The congress accused the government of abandoning Nigerians at the mercy of private depot owners who sell fuel above the ex-depot price of N76:50k per litre.
“We may embark on mass protests if the scarcity goes on. It is instructive to note that the price modulation policy of the federal government is not working. For us it is simply deregulation. And deregulation gives the private sector an edge in price determination. And the private sector is all about profit making, which is exactly what we are experiencing now.
They hoard and sell selectively to consumers. The hardship Nigerians are going through now is very serious. Often we have made our positions known on this very issue. We have asked government to resolve crisis in the petroleum sector to stop the importation of refined petroleum products and possibly build more functional refineries”, the statement said.
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