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Don’t Miss: Electricity employees asked to withdraw services on Wednesday, June 7 

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The National Union of Electricity Employees has been asked to prepare to withdraw services from Wednesday, June 7, 2023.  

The Union stated this in a letter issued on June 2 to its members, following the strike action directive issued by the Nigeria Labour Congress over the increase of fuel pump prices.  Last week, the NLC said it will go on strike over the increase in fuel pump prices from N195 to an average of N500 per liter across all states of the federation.  

In a letter, the NLC had written: 

In a letter signed by Dominic Igwebuike, the acting Secretary General of the NUEE, and issued to its members, the union said: 

What you should know

It is important to note that in a recent interview, Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited said the increase in fuel pump prices drastically reduces the arbitrage environment the downstream oil market has created.  According to him, before the decision was taken, fuel was selling for N195 per liter in Abuja, but just across the border, there is nowhere fuel prices were less than N500 per liter. 

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