NLC READY TO EMBARK ON NATIONWIDE PROTEST AGAINST FUEL SUBSIDY REMOVAL

There are indications that the Nigeria Labour Congress would go on nationwide protest this month as the union has  begun mobilization of various Civil Society Organisations it considered as ally, against removal fuel subsidy

The Union President,Wabba, confirmed that NLC has started talks with interest groups to ensure that majority of Nigerians  partake in the struggle.

He said the  Union was not contacted as stakeholder before the removal of the subsidy and that "the removal contradicts President Muhammad Buhari  promise to Nigerians as well."

The NLC president said the removal will make the price of things go up.

He also said that the NLC like the government  to explain ‎”the actual landing cost, by now, we should be paying less. In 2012, when we protested and forced the price down to N97, the price of crude in the international market was sold for over $100, and now at $38, somebody is telling us that it (petrol price) has been reduced by 50kobo, it’s all gimmick."

“The deferential on dollar is what Nigerians are paying and that is why the International Monetary Fund (IMF) has continued to insist on the devaluation of our currency.
“I believe that the President in his media chat has explained how this would work, refined our products locally‎ by 60 per cent and through barter of the crude, bridge the gap of the 40 per cent shortfall. By doing that, we don’t need to pay subsidy to anybody, neither would there be any need for any deregulation that would inflict so much pains on Nigerians whose purchasing power has continued to dwindle. We are opposed to a deregulation ‎without nothing in place to cushion the effect on the mzasses,” he said.