President of the Nigeria Labour Congress, Joe Ajaero has directed public sector workers in the country to embark on industrial action beginning from Wednesday, June 7.
He said the government, particularly the Nigerian National Petroleum Company (NNPC) Limited had up until Wednesday next week to revert to the old price of Premium Motor Spirit (PMS) otherwise referred to as petrol.
Ajaero added that failure of the Federal Government to meet the ultimatum would attract an indefinite protest across the country.
Ajaero also directed that affiliate unions constituting the Nigeria Labour Congress should also be on standby for picketing exercises across all branches of the Central Bank of Nigeria, CBN, nationwide.
The directive followed an earlier ultimatum issued by the Central Working Committee members of the NLC last week criticising the cash swap policy of the Federal Government.
On Monday during his inaugural speech at the Eagle Square in Abuja, Tinubu said the era of subsidy payment on fuel has ended, adding that with the 2023 budget making no provision for fuel subsidy, further payment was no longer justifiable.
“The fuel subsidy is gone,” Tinubu said. His government would instead channel funds into infrastructure and other areas to strengthen the economy, he added.
The presidential pronouncement led to an almost instant resurgence of fuel queues across the country with Nigerians foraging for the premium product.