NLC Accuses Dangote, Marketers Of Exploiting Nigerians – The Reflector Newspaper
Friday, August 29, 2025
  • About
  • Advertise
  • Careers
  • Contact
The Reflector Newspaper
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology
  • Login
No Result
View All Result
The Reflector Newspaper
Home Featured

NLC Accuses Dangote, Marketers Of Exploiting Nigerians

Racheal Oloyede by Racheal Oloyede
November 11, 2024
in Featured, News
0
NLC Accuses Dangote, Marketers Of Exploiting Nigerians
0
SHARES
8
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on TelegramSend to Email

 

The Nigeria Labour Congress has accused Dangote Group and oil marketers of ganging up to rip Nigerians off in the Premium Motor Spirit (Petrol) pricing.

Related posts

Obi Faults FG Over Hike In International Passport Fees

Obi Faults FG Over Hike In International Passport Fees

August 29, 2025
BREAKING: New Minimum Wage Payment Begins From July 29 – FG

NLC Demands N150,000 Minimum Wage For Lagos Workers

August 29, 2025

NLC disclosed this in a communiqué on Sunday after its National Executive Council Meeting held on Friday.

The Union noted that the current price of petrol, which stood between N1060 and N1,200 per litre, is higher than the market value.

According to the NLC, the high petrol price in Nigeria is an indication of the prevalence of cost padding and abnormal margins in the country’s oil and gas sector at the detriment of Nigerians.

The Union called on the Nigerian government to immediately activate the Port Harcourt refinery takeoff and other government-owned refineries.

“The NEC-in-session noted with increasing dismay the shenanigans around the appropriate pricing of petrol (PMS) in Nigeria.

“It was observed that there may be a gang-up against Nigerians by fat cats in the industry as the current price of the product
is significantly higher than the real market price.

“Padding of costs and abnormal margins seems to be the order of the day considering the revelations from the
ongoing controversy between Marketers and Dangote Group.

“It is entirely possible that Nigerian workers and masses are being ripped off by those who control the levers of economic power in Nigeria, which explains why the domestic public refineries may not immediately be allowed to come on stream.

“NLC demands appropriate pricing of petrol and calls for the public domestic refineries in PH, Warri, and Kaduna to quickly come back on stream to break up the monopolistic stranglehold the big players have on the industry,” NLC stated.

Recall that in the past days, Petroleum marketers and Dangote Refinery have been enmeshed in controversy over petrol pricing.

DAILY POST reports that Dangote Group had announced that its petrol was sold at N960 and N990 per litre.

However, Petroleum Marketers had insisted that imported petrol is cheaper than Dangote Petrol.

But Dangote Refinery accused petrol marketers of importing cheap and substandard fuel, which was denied.

Recent data from the Major Energies Marketers Association showed that the landing cost of imported petrol stood at N971 per litre.

 

The Reflector Newspaper's newsletters cover a variety of topics, from daily news to lifestyle content, markets info to medical news. Subscribe to get the latest information.

Unsubscribe
Previous Post

MBF Urges Tinubu To Rethink Fuel Subsidy Removal, Naira Devaluation

Next Post

“We Lack Funds,” Cocoa Farmers Write Tinubu For Legal Backing

Next Post
“We Lack Funds,” Cocoa Farmers Write Tinubu For Legal Backing

“We Lack Funds,” Cocoa Farmers Write Tinubu For Legal Backing

RECOMMENDED NEWS

Federal Government Commences Legal Process To Recover Seized Presidential Jets In France

Federal Government Commences Legal Process To Recover Seized Presidential Jets In France

1 year ago
BREAKING: New Minimum Wage Payment Begins From July 29 – FG

20 States Yet To Implement N70,000 Minimum Wage – NULGE

5 months ago
Petroleum Minister Promises Weekend Petrol Roll-Out To Meet Demand

Petroleum Minister Promises Weekend Petrol Roll-Out To Meet Demand

12 months ago
Eid-el-Fitr: Tinubu Calls For Unity And Cooperation For A Stronger Nigeria

Centre Lauds Tinubu Over Suspension Of NSIPA Coordinator

2 years ago

FOLLOW US

BROWSE BY CATEGORIES

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

BROWSE BY TOPICS

#EndBadGovernance protest 2027 Elections ADC Ademola Adeleke Akpabio Alaafin Of Oyo APC Atiku Bola Tinubu Buhari By-Elections CBEX Coalition Dangote Refinery Defection Economic and Financial Crimes Commission (EFCC) Economic Hardship EFCC Emergency Rule Federal Government of Nigeria Fubara Fuel Price Fuel Price Hike Gunmen INEC JAMB Natasha Nigerian National Petroleum Company Limited (NNPCL) Nnamdi Kanu NNPC NNPCL NYSC Olubadan PDP Peter Obi President Ahmed Bola Tinubu Rivers Administrator Rivers Assembly Rivers Crisis Senate Tinubu UTME VeryDarkMan WAEC Wike

POPULAR NEWS

  • Congo’s President Daughter’s Bedroom Surfaces Online

    Congo’s President Daughter’s Bedroom Surfaces Online

    0 shares
    Share 0 Tweet 0
  • Economy Bleeds As Naira Hits Record Low With N72.58 Depreiciation Against Dollar

    0 shares
    Share 0 Tweet 0
  • Old Naira Notes Remain Valid – CBN

    0 shares
    Share 0 Tweet 0
  • Gospel Actress, Flora Of Abattoir Movie Series Is Dead

    0 shares
    Share 0 Tweet 0
  • JUST IN: FCT Minister Wike Leads Eid-El-Fitr Homage To President Tinubu Amid Death Rumors

    0 shares
    Share 0 Tweet 0
The Reflector Newspaper

Our mission at The Reflector Newspaper is to cultivate a dynamic digital space where truth, integrity, and diversity thrive.

Follow us on social media:

Recent News

  • Obi Faults FG Over Hike In International Passport Fees
  • NLC Demands N150,000 Minimum Wage For Lagos Workers
  • PDP Considering Jonathan, Obi For 2027 Presidential Ticket – Bala Mohammed
  • NNPC Was Losing N500m Monthly At PH Refinery When I Took Over – Ojulari

Category

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

Recent News

Obi Faults FG Over Hike In International Passport Fees

Obi Faults FG Over Hike In International Passport Fees

August 29, 2025
BREAKING: New Minimum Wage Payment Begins From July 29 – FG

NLC Demands N150,000 Minimum Wage For Lagos Workers

August 29, 2025
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Verified by MonsterInsights