The Next Edition
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
No Result
View All Result
The Next Edition
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
Home Featured

Subsidy Removal: TUC Urges FG To Consider Economic Impact On Masses

Next Edition by Next Edition
January 23, 2022
in Featured
Subsidy Removal: TUC Urges FG To Consider Economic Impact On Masses
0
SHARES
1
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Trade Union Congress (TUC) has urged the Federal Government to consider the economic impact on the masses over the proposal by the National Council of State to remove subsidy on Premium Motor Spirit (PMS) as from June.

The TUC President, Mr. Quadri Olaleye, said this in a communique, he jointly signed with Mr. Musa-Lawal Ozigi, Secretary General, of the union on Saturday in Abuja.

You might also like

Benue Killings: Tinubu Orders Decisive Action, Tasks Alia On Reconciliation

NECO Conducts Common Entrance Exams For 64,000 Candidates

I Have No Regret Naming International Conference Centre After Tinubu – Wike

The communique was issued at the end of the National Executive Council (NEC) meeting of the union.

According to the TUC NEC-in-Session, after exhaustive deliberations, resolved that the Federal and State Governments should put in place measures to ameliorate the suffering of the people through food security and infrastructural development.

”The proposal by the National Council of State on the final removal of subsidy on Premium Motor Spirit (PMS) as from June 2022, should take into consideration the attendant economic impact on the masses.

”There must be assurances that refineries are fully overhauled and the establishment of modular refineries encouraged,” it said.

The NEC-in-session also acknowledged the giant stride in rice production through various interventions of the Buhari administration.

It said the Federal Government should ensure that price of rice in the market becomes affordable to the common man in order to justify the rice revolution policy of the administration.

It also said the Federal Government must exhibit the political will in its economic diversification programmes with major focus on agricultural production.

It said that the development of the agricultural value chain can create mass employment and put the country on the path of economic recovery and prosperity.

NEC-in-session also noted that the privatisation of the power sector should be reviewed since the contracts have expired to ensure viability, job security and effectiveness of the sector.

READ ALSO: British Airways Cancels U.S. Flights Due To 5G Safety Fears

”NEC-in-Session insists that Federal Government must ensure that these conditions are on ground.

”They include the revitalisation of existing refineries, establishment of new ones, including modular refineries, effective policing of boarders to stem the rate of petroleum products smuggling among others are implemented,” it said.

NEC-in-session further enjoined Congress members nation-wide to obtain their Permanent Voters Cards (PVCs) and ensure active participation in the democratic process ahead of 2023 general elections.

It said that members are also urged to support the Political Commission of the Congress in creating groundswell awareness for providing leadership alternatives that deliver on democratic dividends and transformative governance to the people.

”NEC-in-Session has mandated the Congress, led by the President, to take all necessary steps to ensure that these conditions are met before subsidy is removed.

”Consequently, NEC-in-session directs State Councils and affiliates to commence mobilisation of members for industrial actions against subsidy removal without government fulfilling conditions precedent,” it added. (NAN)

Tags: Federal Governmentfuelhike in fuel priceNNPCsubsidysubsidy removalTuc labour
Next Edition

Next Edition

Recommended For You

Benue Killings: Tinubu Orders Decisive Action, Tasks Alia On Reconciliation

President Bola Tinubu on Sunday directed security chiefs to implement his earlier directive to bring peace and security to Benue State. He also charged the Governor of Benue...

NECO: Group Hails Buhari On Prof. Obioma’s Appointment

NECO Conducts Common Entrance Exams For 64,000 Candidates

No fewer than 64,000 candidates from Nigeria, Benin Republic and Togo on Saturday participated in the National Common Entrance Examination (NCEE) for admission into Federal Government Colleges. The...

2020: Rivers Designed for Greater Heights

I Have No Regret Naming International Conference Centre After Tinubu – Wike

The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, says he has no regret naming Abuja International Conference Centre after President Bola Tinubu. Wike said this...

Northern Group Seeks Senators’ Support For Akpabio

Ignore Critics Who Call Us Rubber-Stamp Lawmakers, Akapbio Tells Colleagues

    President of the Senate, Godswill Akpabio, has called on his colleagues to ignore critics who have described the 10th National Assembly as rubber stamp. Akpabio, who...

Next Post
Kidnappers Collected N3m Ransom, Killed My Daughter, Buried Her In Shallow Grave – Dad

Kidnappers Collected N3m Ransom, Killed My Daughter, Buried Her In Shallow Grave – Dad




Related News

ebonyi lawyers in court

Lawyers Gave N9.4bn Bribes To Judges In Three Years –ICPC

NDLEA Arrest Policeman, Another For Supplying Drugs To ‘Boko-Haram’ Terrorists

677 drug traffickers jailed, 3,359 arrested, 65,915.891kg seized- NDLEA

Proscription of IPOB legal -Court

Proscription of IPOB legal -Court




The Next Edition

Office Address

3B, Agboola Aina street, Off Toyin Street,
Ikeja, Lagos.

Quick Contact Details

Phone:
08033018430
Whatsapp:
08051679910

Email:
[email protected]
[email protected]

Categories

  • Aviation
  • Beauty
  • Breaking News
  • Business
  • Columnists
  • Editorial
  • Entertainment
  • Fashion
  • Featured
  • Football
  • Foreign
  • Headline News
  • Home & Garden
  • Interviews
  • Investigations
  • North Central
  • North East
  • North West
  • Opinion
  • Parenting
  • Politics
  • Relationships
  • South East
  • South West
  • South-South
  • Special Reports
  • Sports
  • Top News
  • Vox Pops

© Next Edition Business Development Limited

  • About Us
  • Advert Rate
  • Contact Us
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate

© Next Edition Business Development Limited