Organized Labor has issued a stern warning that it will initiate a complete, all-encompassing, and indefinite nationwide shutdown of Nigeria if the petrol pump price, currently at 617 naira, is increased once again, which they deem to be “illegal.”

Joe Ajaero, the President of the Nigeria Labour Congress (NLC), conveyed this declaration during a meeting of the African Trade Union alliance in Abuja.

The organized labor further emphasized that any attempt to undermine their demands would not be tolerated.

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Earlier reports from oil marketers suggested that the cost of Premium Motor Spirit (petrol) could potentially escalate to a range of N680 to N720 per litre in the near future if the dollar exchange rate continues trading between N910 and N950 on the parallel market.

These marketers also indicated that the scarcity of foreign exchange is hindering plans to import petrol, forcing import activities to be postponed.