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PRNIGERIA PRNigeria News
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      Renewed Hope in Hajj Operations: NAHCON Records Milestone Achievements Under Tinubu…

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  • E-Paper

    Fuel price: NYCN Blasts NLC, TUC over Strike

    By
    Prnigeria
    -
    September 24, 2020
    Yushau Shuaib of PRNigeria receives awards from President of NYCN in Abuja

    Fuel price: NYCN Blasts NLC, TUC over Strike
    …says labour unions compromised, induced by opposition

    The National Youth Council of Nigeria (NYCN) have alleged that the planned mass action by the Nigerian Labour Congress (NLC) and Trade Union Congress (TUC) over the increase in fuel price and removal of subsidy is only for selfish, political reasons and not in the interest of Nigerians.

    The council alleged that top officials of the union have already been compromised and induced with money by Presidential Candidate of the PDP in the 2019 election, Atiku Abubakar and some PDP Governors to frustrate reforms in the Petroleum sector and score political points

    Solomon Adodo, president NYCN, while addressing a world press conference in Abuja on Thursday, said the Labour unions are only being unpatriotic and hypocritical in their move and consequently misleading Nigerians.

    Adodo argued that the NLC and TUC are aware that subsidy was withdrawn months ago, when the Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Mr. Mele Kyari announced that subsidy was gone forever, but were mute about it.

    “So, it is surprising and hypocritical that they are now trying to blackmail the Federal Government and advance unfounded arguments. This gives clear credence to the fact that the Labour Unions have been seriously compromised to score political points.

    “If the NLC and TUC did not see the need to argue over the withdrawal of subsidy some months ago, simply because the prices were lowered, it will amount to hypocrisy to start a threat of strike now that the economic reality of a global oil market is before us. It is a show of inconsistency and lack of understanding of the implication of converging economic issues.

    Read Also:

    • Nigeria Customs Aligns with Finance Ministry over 4% FOB Policy Review
    • Engr. Kawu: A Heroic Homecoming for a Man of the People By Adegboyega Ajadi
    • Military Kill Over 30 Terrorists in Borno, Adamawa

    “This is no more an agitation for the improved welfare of the masses but a serious attempt to subvert the government for political purposes.
    he said.

    Adodo posits that the order by the NLC and TUC for the Federal Government to revise the price of Premium Motor Spirit (PMS) and revert to the Old subsidy regime is not only out of sync with the pricing realities of the product under discussion, but also falls below par in our current economic logic.

    He added that the argument of Nigeria returning to the needless and retrogressive subsidy regimes is unsustainable and cannot sail through.

    “Nigeria cannot afford to hold itself down by trying options that do not and can never work. And the Trade Unions should not be the ones pushing Nigeria to her continued economic doom”, he added.

    The president futher said that subsidy is fraught with endemic fraud and clearly in the interest of some Nigerians, but noted that the monies spent on importation and subsidy payment will be channeled to other internal economic activities.

    The president further commended President Muhammadu Buhari for the total deregulation of the petroleum industry stating that the hope for the youth lies there.

    “We therefore invite the organised labour to join us in the crusade to free the country from the ills of a strangled regulated petroleum industry.

    “We also advise our father Alh. Atiku Abubakar and all other opposition political leaders to partner with and support the Nigerian government to build a great nation at this trying time in our nation’s odyssey.

    “Nigeria will turn sixty in a few days and chaos is certainly not a gift any Patriot should wish on her nation. What we have before us is a challenge. But is also a huge opportunity to turn the economy around while addressing workers legitimate concerns. Let us all rise to this occasion together and build the great Nigeria of our dreams with President Muhammadu Buhari”, Adodo said.

    By PRNigeria

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    Nigeria Customs Aligns with Finance Ministry over 4% FOB Policy ReviewEngr. Kawu: A Heroic Homecoming for a Man of the People By Adegboyega AjadiMilitary Kill Over 30 Terrorists in Borno, AdamawaTroops Eliminate Terrorists, Recover Weapons in TarabaTroops Neutralize Two Notorious Bandits in Katsina ForestTroops Neutralise Five Terrorists in Borno, Taraba OperationsFinally, DSS Files Charge Against Sowore, Twitter, and Facebook over Anti-Tinubu PostFederal Govt Moves to Fill 5 Permanent Secretary PositionsGombe Tech Training: Pantami’s Call for a Paradigm Shift By Muhd El-Bonga IbraheemTroops Eliminate 2 ISWAP Senior Commanders, Other Terrorists in BornoDangote Refinery Deploys 4,000 CNG Trucks, Promises 24,000 Jobs as Fuel Queues EndPower Outage: Police Broker Peace Between AKTH, DisCos in KanoIGP Appoints SP Adebisi as Lagos Police PROBauchi Forum Condemns ATBU's Plan to Close FacultiesCourt Rejects Nnamdi Kanu’s Request for Transfer to National Hospital
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