spot_img
spot_img

SUBSIDY: Meeting Between FG, NLC End In Deadlock As Nigerians Continue To Groan Over N500/Litre Pump Price

Date:

Share:

- Advertisement -

The meeting between the Federal Government and the Nigerian Labour Congress (NLC) over fuel subsidy removal has ended without consensus

The meeting began around 4pm on Wednesday at the Presidential Villa.

Representatives of the Federal Government, including Dele Alake, the spokesperson for President Bola Tinubu; and the Group CEO of the Nigerian National Petroleum Company (NNPCL) Limited, Mele Kyari.

Other government officials present were the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele; former Edo State Governor, Adams Oshiomhole.

The Organised Labour was represented by the NLC National President, Joe Ajaero; and the President of the Trade Union Congress of Nigeria (TUC), Festus Osifo.

After several hours of meeting with the Federal Government, the NLC demanded that the Federal Government return to status quo by reversing the price of fuel before resuming negotiations with the NLC.

Also Read:  More Plaudits For Agboworin As Lawmaker Sinks Additional Solar-Powered Boreholes In Constituency

The National President of the Nigeria Labour Congress, Joe Ajaero, who criticised the removal of subsidy stated that statusquo returns before any formal engagement with the NLC, to protect the Nigerian workforce and proffer additional solutions.

The NLC insisted that the Federal Government did not enter into any conversation even on palliative measures for Nigerians, hence the rejection of the latest announcement.

The union said it had decided to reconvene with its members to determine the next line of action.

Also Read:  Oduyoye Mourns Koleoso, Says ‘He Was A Forthright Politician’

Conversely, Alake described the meeting as robust, adding that talks would continue. He expressed hope that the parties would reach a reasonable conclusion at its next adjourned meeting.

Fuel Subsidy Is Gone’
On Monday during his inaugural speech at the Eagle Square in Abuja, President Bola Tinubu said the era of subsidy payment on fuel has ended, adding that with the 2023 budget making no provision for fuel subsidy, further payment was no longer justifiable.

“The fuel subsidy is gone,” Tinubu said. His government would instead channel funds into infrastructure and other areas to strengthen the economy, he added.

The Nigerian National Petroleum Company Limited (NNPCL) and House Of Representatives have since backed Tinubu’s decision.

Also Read:  GBAJABIAMILA: In The Face Of Campaign Of Calumny And Lies | By Seun Oloketuyi

However, the Trade Union Congress of Nigeria (TUC) argued the President could not unilaterally take a decision on subsidy removal, saying there was a reason the immediate past administration of Muhammadu Buhari pushed the “sensitive issue” to the new government.

Fuel queues have since resurfaced across the country since the presidential pronouncement as Nigerians forage for the premium products.


...Join our WhatsApp group here to get more interesting stories (Click Here)

━ more like this

Osun APC’s Expulsion Drama: A Desperate Bid For Relevance | By Victor Ojelabi

A few hours ago, the All Progressives Congress (APC) in Osun State went to town with a sensational headline announcing the expulsion of former...

First Lady, Remi Tinubu, Commissions Community ICT Centre, Others In Ilorin

… Says knowledge of ICT serves as a significant tool of empowerment The First Lady, of Nigeria Senator Oluremi Tinubu has commissioned the National Information...

NNPC Restores Sight To 2 Minors Born Blind, Over 1,000 People In South West

Following a successful campaign in the South West geo-political zone where over 1, 000 people, including two minors regained their sights, the Nigerian National...

NPA Lagos International Polo Tournament Returns With GTCO As Headline Sponsor

Guaranty Trust Holding Company Plc (GTCO) is proud to be the headline sponsor of the 2025 NPA Lagos International Polo Tournament. The highly-anticipated...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP Twitter Auto Publish Powered By : XYZScripts.com