President Muhammadu Buhari and state governors will focus on the problem of gas pricing on Thursday.
Sen. Chris Ngige, the Minister of Labour and Employment, made this identified on Sunday night time in Abuja after a bipartite assembly of the Federal Authorities and the organised labour on the Banquet Corridor of the Presidential Villa.
Addressing journalists on their resolutions, Ngige defined the Federal Authorities has concluded discussions with the organised labour on gas pricing.
Ngigi stated, “The labour facet noticed that they had been making some factors, and like I stated, it’s work in progress. Governors are going to debate this on Thursday.
“They’ve mentioned this on the Nationwide Financial Council, and so, everyone is concerned as a result of we discover ourselves in dire straits. There isn’t any cash for subsidy.
“The NNPC has defined: What they’re doing is import-dependent. Deregulation is import-dependent, however they’re doing bulk buying. So, they will get reductions.
“They’re additionally utilizing a international change that’s discounted for them. They don’t seem to be shopping for from the parallel market. So, all this stuff might be put in a basket, and a value will emerge from it.”
Buhari, governors to thrash out gas pricing – Chris Ngige