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Nigerian unions furious over fuel price hikes

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Labour unions in Nigeria have expressed outrage over the hike in the price of fuel across the country and threatened to withdraw from negotiations with the government, unless prices are reversed.

The Nigeria Labour Congress and the Trade Union Congress are accusing the government of “taking from the poor to pay the rich, and unleashing suffering, hardship and sorrow on Nigerians”. 

Petrol prices hit the highest point ever on Tuesday to about 640 naira ($0.82; £0.64) per litre.

The increase has sparked uproar across Nigeria. Transport costs and food prices have continued to rise following the sharp increase in petrol recorded since May, after President Bola Tinubu announced an end to fuel subsidies during his inauguration speech. 

The state-owned Nigeria National Petroleum Corporation Limited said the new price increase was caused by market forces. 

Meanwhile, President Tinubu has ordered a review of the $10 (£8) his government plans to pay 12 million poor households to cope with rising costs.

The payment, for six months, was to cushion the effects of removing the fuel subsidy. 

There’s been widespread criticism that the money could end up in the pockets of government cronies.

BBC