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TUC Demands Reversal Of Fuel Price Hike, Demands Talks

September 4, 2024
in Business News
TUC Demands Reversal Of Fuel Price Hike, Demands Talks
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The Trade Union Congress of Nigeria (TUC) has warned the federal government that the latest increase in the pump price of petroleum products would worsen poverty among workers.

The union said the sudden hike allegedly “implemented without consultation with critical stakeholders,” represented a blatant disregard for the welfare of the Nigerian people, particularly the working class who bear the brunt of such decisions.

In a statement by its president, Festus Osifo, the TUC urged the government to “immediately rescind these decisions, promote policies that will strengthen the naira, and take decisive steps to alleviate the suffering of Nigerians.”

According to the statement, the federal government must “act swiftly to restore confidence and prevent further deterioration in the living conditions of its citizens.”

The statement said: “The Trade Union Congress of Nigeria (TUC) received the news of the PMS price hike with great contestation and grave concern.

The burden of PMS price increase is huge and percolates to all facets of our social-economic life. This sudden hike, implemented without consultation with critical stakeholders, represents a blatant disregard for the welfare of the Nigerian people, particularly the working class who bear the brunt of such decisions.

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