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$800m World Bank Borrowing: NLC, TUC kick, Experts, stakeholders lampoon palliatives plans

$800m World Bank Borrowing: NLC, TUC kick, Experts, stakeholders lampoon palliatives plans %Post Title

The Nigeria Labour Congress, NLC, and its counterpart, the Trade Union Congress of Nigeria, TUC, faulted President Tinubu’s plans, saying it runs contrary to the works of the Presidential Technical Committee on the removal of Subsidy.

NLC and TUC argue that it is not only undemocratic but shows that the President is merely setting up the committee as a window dressing for whatever purposes he has set out for himself, stating, “Any palliative payment must be in line with the agreement reached with labour in line with the technical committee meeting.”

Though the President and General Secretary of NLC, Joe Ajaero, and Emma Ugboaja, could not be reached, a senior officer of NLC who spoke on condition of anonymity said, “The issue is whether the President has trust and confidence in the Steering Committee set up or not. If he has a budget already, it means that he already has activities he has planned on his own. If he has that, what is the need of the Committees? The action of the President has actually undermined the credibility of his own Committee
“We believe that it is not only undemocratic but shows that the President is merely setting up the committee as a window dressing for whatever purposes he has set out for himself.

When you also look at what he has planned, to give N8,000 to households for six months which approximates to N48, 000, you ask yourself, can N48,000 address the millions of suffering the government has already inflicted on the poor? Will it make any significant impact in addressing the consequences already being faced by Nigerians? Will the suffering suddenly end after six months?”

On his part, the President of the Trade Union Congress of Nigeria, TUC, Festus Osifo, who also doubles as President of the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, simply said “Any palliative payment must be in line with the agreement reached with labour in line with the technical committee meeting.”

Corroborating, the President of the Association of Senior Civil Servants of Nigeria, ASCSN, and TUC’s Deputy President, Dr Tommy Okon, said, “As far as I am concerned it is economic waste. What is N8,000 monthly to 12 million Nigerian households with this hyperinflation and socio-economic challenges?
“How did the government or the president determine those who are to benefit from the data deficit in Nigeria? I think the government should stop this ad-hoc and unsustainable programme.

“What form of poverty alleviation policy implementation strategy is this? Is it not proper to allow the Presidential Committee on Removal of oil Subsidy to conclude its assignment and arrive at a collective agreement with organized labour before embarking on any palliative care distributions? What the government is doing could amount to doing exactly what the previous administration did that yielded no positive impact on the economy and the citizens.

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