The federal government has reached an agreement with the Joe Ajaero led faction of the Nigeria Labour Congress (NLC) to set up a committee to resolve agitations over the new pump price of petrol.
The committee is expected to address the downward review of the pump price, determine new minimum wage and consult with the PPPRA for effective price regulation of petroleum products.
The committee is to submit its report in two weeks.
In the meantime, the Ayuba Wabba led faction of the NLC is meeting with representatives of the federal government.
The NLC has expressed concern over the new price of 145 naira per litre which has been implemented by the PPPRA.
Source: Channels
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