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    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    Adodo argued that the NLC and TUC are aware that subsidy was withdrawn months ago, when the Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Mr.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:

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    • DICON, Saudi firm sign MoU to produce security drones, satellites in Nigeria

    “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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    Police Foil Bandit Attacks in Katsina, Rescue Victims as Traditional Leader AbductedRibadu Proposes Reintegration of Military Veterans to Bolster National SecurityDICON, Saudi firm sign MoU to produce security drones, satellites in NigeriaEx-COAS Urges Reforms in Recruitment, Training of Army, Harps on Prioritisation of Troops’ WelfarePrioritise Troops’ Welfare, Mission Over Personal Gain - COAS Charges Army CommandersNigeria's Growth Numbers Tell Only Half the Story By Umar Farouk BalaThe Burden Too Many Nigerian Youths Bear AloneCAC Unveils AI-Powered Registration Portal to Revolutionize Business Registration in NigeriaEmployment: ICPC Secures Conviction of FAAN StaffCustoms Hands Over N172m Worth of Cannabis to NDLEA in Ogun, Commissions 13 New Patrol VehiclesCombating Deepfake Videos: A Fight for Nigeria's Soul By Mukhtar Ya'u MadobiMilitary Foils Terrorists' Bomb Attack, Discovers 56 IEDs on Marte–Dikwa Bridge in BornoNIPR Lauds Nigerian PR Firms for Outstanding Performances at 2025 SABRE Africa AwardsDHQ: How Troops Nabbed Mastermind of NDLEA Commander’s Kidnap in AnambraFederal Lawmakers Endorse PRNigeria Fellowship, Pledge Support for Youth Empowerment
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