The All Progressives Congress (APC) has urged Nigerians to take the call for strike by the Nigeria Labour Congress (NLC) with a pinch of salt.
A faction of the NLC has commenced an indefinite strike on Wednesday following a hike in fuel price by over 60 percent.
The South-South Chairman of the APC, Prince Hilliard Eta and the six states chairmen, in a statement said the price modulation by the Federal Government will lead to a crash in the price of petrol.
“We call on all well-meaning compatriots to rally in support of deregulation,” the statement read.
“We are convinced that given the opportunity, the deregulation policy will yield positive dividends in the short and long run.
“Already, market forces are in action to crash the price of petrol as government is no longer directly involved in price fixing.
“The subsidy was intended as a palliative measure by government to cushion the effect of the relatively high cost of petrol and related products.
“However, in a bizarre twist, most of the people involved in the importation, distribution and marketing of petroleum products blatantly indulge in underhand practices to create a never-ending artificial scarcity.
“Which shot prices very high as recently experienced in the country,” it said.