Subsidy Removal: TUC mobilises members ahead national protest over impending increase in pump price

Nigeria’s Trade Union Congress is mobilising members for a national demonstration against a petrol price increase scheduled for January 27th.

This was in addition to the agreement reached at the end of the National Executive Council meeting of the Labour Party in Abuja.

Nigeria’s Finance Minister, Zainab Ahmed had mentioned that the federal government will no longer be able to afford petrol subsidies beginning in February 2022.

The two labour unions in Nigeria are set for a showdown with the government over a plan to remove fuel subsidies.

The Trade Union Congress hosted its National Executive Council meeting, during which various national problems were discussed.

The agenda included the nation’s growing insecurity, the privatisation of the power sector and its associated crisis, as well as the government’s decision to eliminate gasoline subsidies.

The Congress, at the conclusion of the hour-long meeting, expressed its support for the national protests called by its sister organization, the Nigeria Labour Congress.

The proposed subsidy reduction, which will result in a rise in petrol pump prices, is described by TUC as most insensitive.

It asked for a rethinking of the power sector’s privatisation as well as a halt to the country’s escalating insecurity.