Business

Strike: Petroleum Marketers Back Out, Tell NLC Deregulation Is Inevitable

The National Executive Council of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members not to be part of the planned nationwide strike and continue with their normal businesses.

The Nigeria Labour Congress (NLC), Trade Union Congress (TUC) and its affiliate unions had called on workers to embark on an indefinite industrial action on Monday in an effort to compel the Federal Government to reverse its decision on the recent hike in fuel price and electricity tariff.

The IPMAN National Public Relations Officer, Yakubu Suleiman in a statement made available on Saturday, urged the unions to cooperate with the Federal Government for the good of the nation’s economy.

“We are calling on the NLC to realise that deregulation is inevitable. It remains the surest way to bring back our economy to normalcy.

“There is no country in the world that can sustain its economy without deregulating it.

“We urge Nigerians to cooperate with the government in ensuring that our economy grows,” Suleiman said.

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