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TUC reacts to fuel price hike

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Home News

TUC reacts to fuel price hike

by Doris Israel Ijeoma
05/09/2024
in News, Top Stories
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The Trade Union Congress of Nigeria (TUC) has strongly opposed the recent increase in the pump price of petroleum products, warning that it will worsen poverty among workers.

The union conveyed its stance in a statement released on Wednesday.

TUC President, Comrade Festus Osifo, who signed the statement, urged the Federal Government to “immediately reverse these decisions, implement policies to strengthen the naira, and take decisive actions to alleviate the suffering of Nigerians.”

The TUC argued that the sudden hike, “implemented without consultation with key stakeholders,” demonstrates a blatant disregard for the welfare of the Nigerian people, especially the working class who bear the brunt of such decisions.

“The sudden hike in fuel and electricity costs will only exacerbate these challenges, leading to further hardship and potential social unrest,” Osifo said.

“We urge the government to immediately rescind these decisions, promote policies that will strengthens the naira and take decisive steps to alleviate the suffering of Nigerians.

The government must act swiftly to restore confidence and prevent further deterioration in the living conditions of its citizens.

“The Trade Union Congress of Nigeria remains committed to defending the rights and interests of Nigerian workers and will continue to advocate for policies that promote social justice, fair wages, and a decent work environment.”

The TUC said it is deeply troubled by the further hike in electricity tariffs by 250 per cent, saying electricity was essential for the survival of the poorest in the society.

It also faulted the timing and magnitude of the increases, wondering why the ordinary citizens would bear the pains of the government’s policies.

“Why does it have to be the common Nigerians bearing all the pains of the high cost of living while those in power enjoy increased allocation and affluence?” the statement read.

To Osifo, the Congress had long posited several strategies that should be activated towards strengthening the Naira and give value to every kobo spent by Nigerians.

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Tags: Festus Osifofuel price hikeTrade Union Congress (TUC)
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Doris Israel Ijeoma

Doris Israel Ijeoma

Doris Israel Ijeoma is a Nigerian journalist with special interest in Politics, Entertainment and Tech. For inquiries, 08097099378

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