The Nigeria Labour Congress has described the federal government as insensitive.

It was reacting to the recent hike in the pump prices of Premium Motor Spirit, popularly called petrol.

Senior NLC officials disclosed this in separate interviews with our correspondents on Sunday, as oil marketers refuted being blamed for the recent hike in PMS prices nationwide.

Similarly, the Dangote Petroleum Refinery also said the rise in petrol price was not from the $20bn Lekki-based plant but due to an increase in the cost of crude oil, the major component for refined petroleum products.

Recall that on Friday, the pump prices of petrol rose to between N1,050 and N1,150 per litre following the hike in the cost of the commodity by the Dangote Petroleum Refinery and various depot owners.

Dealers confirmed that PMS prices would continue to rise since the major component in fuel production, crude oil, has been on the upward swing lately.

Reacting to this, the Deputy President of Nigeria Labour Congress Political Commission, Prof Theophilus Ndubuaku argued that in a saner clime, representatives of workers, the organised private sector and students would have been called to a roundtable to deliberate on the course of action and analysis of the consequences before the decision would be taken.

He said, “This pump price hike will not only affect foodstuff and fare. There is the problem of inflation and the value of naira to contend with. Instead, what we are seeing is a situation we call Tinubunomics. It is something that has not been tested.

Continuing, Ndubuaku emphasised that President Bola Tinubu will do well to borrow the template of former leaders like Olusegun Obasanjo, who he claimed held a monthly roundtable with stakeholders whenever sensitive issues that have a lot to do with workers’ welfare were being discussed.

“If you are going to do anything that will involve the masses, you should call the people who represent the workers at least. You have certain blocks and groups of people in this country that have representatives, even in the so-called business sector that you can talk to,” he explained.

Also speaking on the hike in petrol price, the Chairperson of the Nigeria Labour Congress in Lagos State, Sessi Funmi, accused oil marketers of being major contributors to Nigeria’s economic challenges, describing them as “enemies of the masses.”

Speaking with The PUNCH on Sunday, Sessi criticised oil marketers for manipulating petroleum pricing to exploit Nigerians, alleging that they were undermining the government’s efforts to stabilise the downstream oil sector.

She asserted that the recent reduction in the pump price of petrol did not sit well with marketers because it disrupted their exploitative practices.

“How can marketers be telling us that an increase in crude oil prices automatically translates to higher prices for the finished product? Are they buying crude oil? No! They buy the finished product,” Sessi said.

She applauded Tinubu’s administration for reviving two of Nigeria’s refineries in Port Harcourt and Warri, emphasising that these developments should lead to a further reduction in PMS prices.

She argued that oil marketers are attempting to frustrate these efforts to maintain their monopolistic control.

“The government must deal directly with suppliers and eliminate middlemen who corruptly enrich themselves,” Sessi added.

She urged the government to emulate Dangote refinery’s direct supply model and establish agreements with oil companies and petrol stations to ensure fair pricing.

‘We reject this. Nigerians cannot continue to suffer due to their greed,” Sessi concluded.

The NLC chair called for transparency and accountability in the petroleum sector, warning that Nigerians will no longer tolerate exploitative practices.