The Nigeria Labour Congess (NLC) has declared a nationwide strike from next Wednesday, over the removal of fuel subsidy by President Bola Tinubu.
This comes amid fuel shortages across the country occasioned by President Bola Tinubu’s inaugural speech in which he declared that “fuel subsidy is gone”.
NLC President Joe Ajaero made the announcement after an emergency meeting of the union’s National Executive Council (NEC) in Abuja.
He said the government, particularly the Nigerian National Petroleum Company (NNPC) Limited had up until Wednesday next week to revert to the old price of Premium Motor Spirit (PMS) otherwise referred to as petrol.
Ajaero continued by saying that if the Federal Government didn’t comply with the deadline, there would be nationwide demonstrations that would last forever.
The era of fuel subsidies has come to an end, Tinubu declared during his inaugural speech on Monday at Eagle Square in Abuja, adding that additional payments are no longer warranted in light of the 2023 budget’s lack of a fuel subsidy provision.
“The fuel subsidy is gone,” Tinubu declared. Instead, he stressed, his government would invest money in infrastructure and other sectors to support the economy.
The president’s announcement caused a nearly immediate resurrection of fuel lines across the nation as Nigerians scavenged for the expensive product.