Statement By The Nigerian Labour Congress (NLC) On The Proposed
Removal Of Subsidy On Fuel
“We at the Nigeria Labour
Congress are outraged by the pronouncement of President Bola Tinubu
removing ‘fuel subsidy without due consultations with critical stakeholders or
without putting in place palliative measures to cushion the harsh effects of
the ‘subsidy removal’.
“Within hours of his
pronouncement, the nation went into a tailspin due to a combination of service
shutdowns and product price hikes, in some places representing over 300 per
cent price adjustment.
“By his insensitive decision, President Tinubu on his inauguration day brought tears and sorrow to millions of Nigerians instead of hope. He equally devalued the quality of their lives by over 300 per cent and counting.