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Subsidy pain: Nigerian Labour Congress to Fight Fuel Subsidy Removal and Economic Hardships

Blessing Joseph by Blessing Joseph
July 25, 2023
in Business, Economy, News, Oil & Gas
0
Subsidy pain: Nigerian Labour Congress to Fight Fuel Subsidy Removal and Economic Hardships
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In the wake of the fuel subsidy removal and the attendant economic pains it has caused, the Nigerian Labour Congress (NLC) has expressed its readiness to fight back against the hardships imposed on citizens by the Federal Government’s decision. The removal of the subsidy has led to an increase in the pump price of Premium Motor Spirit (PMS), commonly known as petrol, with devastating consequences for the people.

{ASUU}University workers, academic staff, and civil society organizations have also voiced their concerns, lamenting the subsidy removal and its adverse effects on the nation’s economy. The NLC’s Central Working Committee will convene a crucial meeting to address the suffering of the masses caused by the recent fuel price hike.

Meanwhile, the Trade Union Congress (TUC) has criticized plans by state governments to roll out palliatives for citizens to mitigate the impact of the subsidy removal. While recognizing the need to end subsidies, the TUC emphasizes the importance of concrete, specific, and transparent measures in managing the hardship faced by Nigerians.

The situation has also sparked protests in various parts of the country, with citizens demanding that the government implement solutions to ease their plight. Despite the removal of fuel subsidy, the hardships persist, and university workers, students, and civil society groups are calling for prompt action to address the challenges posed by the rising cost of living.

As the nation faces these economic challenges, it is crucial for the government to implement transparent measures, provide palliatives where necessary, and address the concerns of the people. In these trying times, Nigerians are looking to their leaders for effective solutions that will alleviate their hardships and promote a sustainable and prosperous future.

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