Arising from an emergency meeting of its executive council members in Abuja yesterday, the body implored the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) to apply critical thinking and reason with the Federal Government on the fuel pump price increase, which was necessitated by scarcity of foreign exchange to facilitate importation of fuel by oil marketers.
In a statement signed by its Director-General, Dr. Martin John Oni, PAC also called on the Federal Government to address the continuous increase in the exchange rate of foreign currency to the Naira, which is affecting all businesses across board, including businesses of tradesmen and artisans among whom are importers who run their businesses on foreign exchange.
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