…says price increase reflect FG’s lack of empathy for economic hardship
NOSA EGHAGHA
NIGERIA: The Trade Union Congress of Nigeria (TUC), has strongly condemned the recent hike in the price of Premium Motor Spirit (PMS), expressing grave concern over the detrimental impact this will have on the Nigerian workforce.
President of TUC, Comrade Festus Osifo, in a statement issued on Wednesday, addressing the issue, highlighted the widespread ramifications the price increase will have on the nation’s socioeconomic fabric.
“The Trade Union Congress of Nigeria (TUC), received the news of PMS price hike with great contestation and grave concern,” Osifo stated, capturing the union’s initial reaction to the government’s sudden decision.
He emphasized that the burden of the price increase is extensive, affecting every aspect of life in Nigeria, especially for the working class who are already struggling under the weight of economic pressures.
Comrade Osifo criticized the government for implementing the hike without consulting critical stakeholders, describing it as “a blatant disregard for the welfare of the Nigerian people.”
He pointed out that the working class, who are already grappling with inflation and a high cost of living, will bear the brunt of this decision, which could lead to further economic distress.
“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,” he continued, noting the widespread fear and uncertainty that has gripped the country in response to the hike.
Osifo stressed that the fuel price hike came at a time when Nigerians are already enduring unprecedented hardship.
Further compounding the situation, Osifo expressed deep concern over the recent hike in electricity tariffs by 250%.
He described this as a service that is “essential for the survival of the poorest in our society,” criticizing the government for implementing such a drastic increase without considering the welfare of its citizens.
The timing and magnitude of these increases, according to Osifo, reflect a “lack of empathy and understanding of the challenges faced by ordinary Nigerians.”
Osifo questioned why the burden of high living costs falls disproportionately on the common Nigerians, while “those in power enjoy increased allocation and affluence.”
He pointed out that the government has not made any efforts to reduce the cost of governance or the personal effects of those in power, nor has it focused on policies that would strengthen the naira and improve the standard of living for all Nigerians.
The TUC President also lamented the government’s inaction regarding several strategies proposed by the Congress to improve the strength of the naira.
“The Congress has long posited several strategies that should be activated towards improving the strength of the naira and give value to every kobo spent by Nigerians,” he said, indicating that the government has largely ignored these recommendations, further aggravating the country’s economic woes.
He said that TUC stands firmly with the Nigerian working people, who are enduring the dual challenges of rising inflation and a deficient work environment.
“Congress stands with the working people of Nigeria who are struggling under the weight of rising inflation, a high cost of living, and a deficient work environment that fails to provide the basic standards of decency and dignity,” Osifo declared.
He, however, warned that the recent hikes in fuel and electricity costs would only worsen these conditions, potentially leading to social unrest.
In a strong appeal, Osifo urged the government to “immediately rescind these decisions” and to implement policies that will strengthen the naira and alleviate the suffering of Nigerians.
He emphasized the urgency of these actions, noting that the government must act swiftly to restore public confidence and prevent further deterioration in the living conditions of its citizens.
Moreso, Osifo reaffirmed the TUC’s commitment to defending the rights and interests of Nigerian workers.
“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.
