Sunday , October 20 2019

NLC warns against petrol price hike

    Organized labour in Nigeria has warned the Federal Government against going ahead to implement the recommendations of the International Monetary Fund, IMF, on the removal of subsidy on petroleum products in the country.

    President of the Nigeria Labour Congress NLC, Mr. Ayuba Wabba, gave the warning in Abuja at a press conference on the Public Declaration of Nigeria’s Host of the 6th African Meeting of Solidarity with Cuba, and Inauguration of its Local Organizing Committee.

    He said that as long as the value of the naira was left to market forces, the issue of subsidy would continue in the country, adding that efforts should be made by the government to upgrade the nation’s refineries.

    As President of the International Trade Union Confederation (ITUC),  he said that he recently led organized labour across the world to a meeting with the IMF and the World Bank and, told them that their one-stop recommendations on subsidy removal and other advice to developing countries were not working.


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      TheDetail is an online news based in Nigeria, a Division of Ovah Global Multipurpose Services.

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