The indices are not looking good for Nigeria as plans for social unrest, boycott and massive protest thickens on Thursday following government’s decision to remove the fuel subsidy.
Vice President Yemi Osinbajo who presided over the National Economic Council (NEC) meeting said the Council will take a decision over the matter in June when the current subsidy regime ends.
Officials of the Buhari administration had one time said the subsidy would be removed in February while government would pay as palliatives, the sum of N5,000 to the poorest of the poor for six months.
Fuel currently sells for N165 per litre and would go up as high as N320 per litre if subsidy is removed. This will also translate to inflation and higher cost of living for Nigerians.
The Kano State chapters of the Nigerian Labour Congress (NLC) and that of Trade Union Congress (TUC) on Thursday however vowed to reject plans by the Federal Government to remove fuel subsidies.
This is as the labour bodies declared their readiness to join the planned nationwide protest against the federal government.
The Kano NLC Chairman, Kabiru Ado Minjibir, made this known while addressing members of the state Congress.
He charged them to be ready for a mass protest scheduled for 27th January 2022 in compliance with the national body’s directive.
Minjibir, who lamented the government’s inconsistency in policy and program, insisted that Nigerian workers would deploy all available means to resist the withdrawal of fuel subsidies.
Also speaking, the Kano TUC Chairman, Comrade Mansur Isa Adamu, who alleged sabotage in the management of fuel subsidy, disputed the federal government’s claims on monthly fuel consumption and spending on fuel subsidy in the country.
He added that members of the private sector are fully prepared to mobilize members to join the nationwide protest.
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