Labour To Tinubu: Reverse Naira Floating, Electricity Tariff/Petrol Price Increase

Organised Labour has called on President Bola Ahmed Tinubu to reverse policies on the floating of the national currency and rising energy costs, citing the need to reduce the economic hardship faced by Nigerians and businesses.

Naija News reports that the appeal was made in Ibadan, Oyo State, during the 6th Quadrennial and 13th National Delegates Conference of the National Union of Shop and Distributive Employees (NUSDE).

Speaking at the event, NUSDE President, Aminu Megbontowon, highlighted the significant challenges posed by the current economic policies.

“Nigerian workers and businesses are experiencing tough times due to some of the policies implemented by this government. The high cost of energy has severely impacted production, services, and workers’ welfare,” he stated.

Megbontowon criticized the soaring prices of petroleum products, which now exceed N1,000 per liter, and the increased electricity tariffs, which have risen from N68 to N227.

He emphasized that…

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Labour To Tinubu: Reverse Naira Floating, Electricity Tariff/Petrol Price Increase

 

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