The Federal Government is set to engage in a crucial meeting with the Nigeria Labour Congress (NLC) leadership to discuss the pressing issue of fuel subsidy. This information was disclosed by Joe Ajaero, the National President of the NLC, during a Wednesday morning interview on Channels TV’s Sunrise Daily program.
Following President Tinubu’s statement in his inaugural speech on Monday, proclaiming the end of petrol subsidy, the nation was immediately swept into a state of panic buying and long queues at fuel stations. Weighing in on the matter, Ajaero expressed his belief that the President should have taken the time to inquire about the implications of removing fuel subsidy on the common Nigerian citizens who occupy the streets.
During the interview, Ajaero presented a range of alternatives that could be considered, including the repair of the country’s four refineries and the provision of viable transportation options for Nigerian workers, among other suggestions.
Ajaero remarked, “The government seems to have demonstrated an interest in engaging in discussions. As of last night, they reached out to us, and we have scheduled a meeting for 2pm today (Wednesday) to commence discussions.” He stressed the importance of addressing all related issues comprehensively, pointing out that removing the subsidy without simultaneously addressing production and market dynamics would leave the citizens vulnerable to market uncertainties and potential exploitation by individuals seeking to profit by selling products bought at lower prices for exorbitant amounts. Ajaero emphasized the need to explore alternative solutions if staple food items like “garri” become scarce due to the removal of subsidy.
While acknowledging that the President’s pronouncement carries the weight of law, Ajaero called for a review of the decision-making process. He argued that if the law enacted proves impractical, the same individuals who enacted it should be open to reconsideration.
Ajaero concluded by posing thought-provoking questions, asking whether it brings any satisfaction to announce the removal of the subsidy while witnessing people suffering. He emphasized that part of leadership entails examining ways to alleviate the burdens faced by the people.