Fuel price hike will deepen workers’ poverty in Nigeria, TUC warns FG
The Trade Union Congress of Nigeria (TUC) has expressed concern that the recent increase in the pump price of Premium Motor Spirit (PMS) will exacerbate poverty among workers across the country.
Festus Osifo, TUC president, made this known in a statement on Wednesday in Abuja. He noted that the union’s leadership received the news of the PMS price hike with great consternation and grave concern.
Osifo emphasized that the burden of the price increase will have widespread effects on all aspects of socio-economic life, worsening the already dire conditions faced by Nigerian workers.
“This sudden hike, implemented without consultation with critical stakeholders, represents a blatant disregard for the welfare of the Nigerian people, particularly the working class who bear the brunt of such decisions.
“The disturbing news of the increase in PMS pump price all over the country has sent a wave of apprehension and depression across the length and breadth of the nation.
“This is in the wake of an already existing unprecedented hardship upon citizens,” he said.
Mr Osifo faulted the timing and magnitude of the increases.
“Why does it have to be the common Nigerians bearing all the pains of high cost of living while those in power enjoy increased allocation and affluence?” he said.
He said the Congress had long posited several strategies that should be activated towards strengthening the Naira and give value to every kobo spent by Nigerians.
Mr Osif added the weak naira was one of the root causes of the economic problems facing the country.
“We urge the government to immediately rescind these decisions, promote policies that will strengthen the naira and take decisive steps to alleviate the suffering of Nigerians.
“The government must act swiftly to restore confidence and prevent further deterioration in the living conditions of its citizens.
“The Trade Union Congress of Nigeria remains committed to defending the rights and interests of Nigerian workers and will continue to advocate for policies that promote social justice, fair wages, and a decent work environment,” he said.
