The Nigeria Labour Congress (NLC) has agreed to stage a nationwide rally on September 28 to protest the increase in the price of petrol and electricity tariff.

The National Executive Council (NEC) of the NLC Tuesday endorsed the decision of the Central Working Committee (CWC) which resolved to commence a nationwide protest on September 28.

The CWC had handed down a two-week ultimatum to the FG to reverse the price hike or face industrial action.

Addressing journalists at the end of its meeting on Tuesday in Abuja, the NLC President said the NEC condemned the increment of the tariff and advised the federal government to urgently repair Nigeria’s refineries.

The NLC President, Ayuba Wabba, explained that the body resolved to reject in its entirety the hike in electricity tariffs by almost 100 per cent as well as the fuel price increase ‘in the name of full deregulation’.

Wabba said, “Whereas, the entire sector was sold at about N400bn, we are also surprised that government within the last four years injected N1.5tn over and above the amount that accrued from these important assets.”