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    NEWS POINT NIGERIANEWS POINT NIGERIA
    Home - FG To Meet NLC Today Over Fuel Subsidy Removal

    FG To Meet NLC Today Over Fuel Subsidy Removal

    By Amina IbrahimMay 31, 2023
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    FEDERAL Government representatives are expected to meet with the leadership of the Nigeria Labour Congress (NLC) today by 2pm over the planned removal of fuel subsidy.

    BORNO PATRIOTS

    This was disclosed by NLC National President, Joe Ajaero, on Channels Television’s Sunrise Daily programme on Wednesday monitored by News Point Nigeria.

    He said the position of Labour has been clear that even if President Bola Tinubu has a good intention, alternatives must be provided.

    He said the President should have asked questions and find out the implications of fuel subsidy removal on Nigerians on the streets.

    The NLC boss listed the alternatives to include the repair of the nation’s four refineries, provision of transportation of alternatives for the Nigerian workers, amongst others.

    “The pronouncement by Mr President is as good as law and if in the process we make a law that is not practicable, the same people that made the law can look at it,” Ajaero said while calling for a review of the President’s pronouncement.

    “Does it bring pleasure to us to say subsidy is gone and people start suffering? Is it not part of leadership for us to look at how the suffering of the people can be reduced?” he asked.

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    Meanwhile, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that the deregulation of the oil sector and subsidy removal is the only way to make Nigeria great.

    “Removing subsidy is the only answer to make Nigeria great,” IPMAN National Public Relations Officer, Yakubu Suleiman said on Channels Television’s Sunrise Daily programme on Wednesday.

    Nigerian TAX Reform - Federal Goverment

    On Monday during his inaugural speech at the Eagle Square in Abuja, Tinubu said the era of subsidy payment on fuel has ended, adding that the 2023 Budget made no provision for fuel subsidy and more so, subsidy payment is no longer justifiable.

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

    The Nigerian National Petroleum Company Limited (NNPCL) has since backed Tinubu on the removal of fuel subsidy.

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    However, the Trade Union Congress of Nigeria (TUC) said the President cannot unilaterally take a decision on subsidy removal, saying that 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 product which is now sold from N300/litre and above.

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    FG Fuel Subsidy Removal NLC
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