The Trade Union Congress of Nigeria (TUC))
yesterday, Thursday 24th December, 2015 faulted government’s retention of fuel subsidy, saying petrol
should be sold at N50 per litre with adequate local refining capacity
in the country.
President of the Congress, Comrade Bobboi Kaiýgama, said in a statement:
“The price of crude oil in the international market has dropped
drastically. This should have a direct effect on domestic consumption of
the product”.
He advocated the need for a stakeholders’ meeting to discuss the subsidy
and why it has become impossible to refine and purchase fuel at N50 per
litre.
He further said the proposed deficit financing at ₦2.22 trillion is
certainly high, saying this could be reduced by the recovery of stolen
funds . The union also faulted government’s decision to borrow
N1.8trillion to fund the 2016 budget.
“We charge the federal government to as a matter of urgency warn the
governors who want to sabotage the administration by saying they cannot
pay ordinary N18,000 minimum wage. We dare them to try it”, he said.
The
Trade Union Congress of Nigeria (TUC), yesterday charged Christians and
Muslims in the country to share whatever they have with their
neighbours which is the very essence of humanity.
TUC also yesterday said the birth of Jesus Christ and Prophet Mohammed
should bring tidings of good hope to Nigeria and the world, adding that
since the two leaders symbolise peace, their followers should follow
suit.
Daily Trust
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