Skip to main content

Breaking News! Labour Unions Call For Indefinite Strike Action

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), said on Tuesday they would begin an indefinite strike on October 3.

President of the NLC and President Bola Ahmed Tinubu

Nigeria’s two biggest workers’ unions plan to start an indefinite strike next week to protest against the high cost of living, a crisis that began after President Bola Ahmed Tinubu led government scrapped petrol subsidy.

It directed all affiliates and state councils to immediately start mobilising for industrial action, urging them to organise street protests and rallies until the government responded positively to its demands.

“It’s going to be a total shutdown … until the government meets the demand of Nigerian workers and Nigerian masses,” the union leaders said in a joint statement.

“The Federal Government has refused to meaningfully engage and reach agreements with organised labour on critical issues of the consequences of the unfortunate hike in the price of petrol which has unleashed massive suffering on Nigeria workers and masses.”

The Trade Unions have been calling on President Bola Tinubu to reverse his decision on subsidy removal in May 2023. 

The government had urged unions to continue negotiations instead of resorting to strikes, saying this would hurt an economy grappling with double-digit inflation, foreign currency shortages and low oil production.

The subsidy had kept fuel prices low but was draining government finances claimed the government.

Tinubu insisted that his two biggest reforms, the removal of the subsidy and foreign exchange controls were necessary to attract investment and boost economic growth.


Comments

Popular posts from this blog

Beware Fake Augmentin 625mg Tablets In circulation - The National Agency for Food and Drug Administration and Control (NAFDAC)

The National Agency for Food and Drug Administration and Control (NAFDAC) is alerting Nigerians of a fake Augmentin 625mg tablets in circulation within the country. The agency released the statement below: "No inscription “manufactured by” is written on the label, only the address. Manufacturing and Expiry dates do not meet the acceptable format. No MAS scratch number for verification. The logo “gsk” is not properly positioned as on the original. “Please note that the genuine Augmentin 625mg has legible product labeling information including date markings – expiration and manufactured dates, batch number and NAFDAC registration number. “NAFDAC’s advice to wholesalers, distributors and pharmacies is that medicines should be obtained from authorised/licensed suppliers, increased vigilance is hereby encouraged within the supply chain to avoid infiltration of the falsified product. The products’ authenticity, physical condition and labels should be carefully checked.  “NAFDAC implores...

Ed Sheeran Reacts To Claims He Turned Down Invitation To The Coronation Concert Of King Charles

The Coronation of King Charles will take place on May 6. There were earlier reports by some media houses that Adele and Ed Sheeran are unable to perform at King Charles coronation concert King Charles coronation concert: Ed Sheeran reacts to claims he turned down invitation A spokesman for Ed Sheeran has rejected claims British singer-songwriter turned down an offer to perform at King Charles coronation concert. The Metro UK quoted the spokesperson of the Perfect singer as saying, neither Ed nor his team has even been ‘approached’ about a possible performance at coronation concert. The Daily Mail had reported the monarch had selected the pair personally and was 'very keen' for them to play. Meanwhile, Buckingham Palace said twelve newly commissioned pieces of music will play at the coronation of Britain's King Charles at Westminster Abbey, including Greek Orthodox music, with the 18th century "Zadok the Priest" also to be featured.

Breaking! BDC Operators Close Operations In Abuja - Over Dollar Scarcity

Bureau De Change operators have announced shut down of operations in Abuja as a result of unavailability of the dollars,  The Chairman of the association, Abdullahi Dauran, made the announcement on Wednesday. The chairman of the Association of Bureau De Change Abuja chapter, issued the directive to stop sales as the exchange rates in both the official and parallel markets have become unfavourable. Dauran attributed the closure to online business transactions and cryptocurrency. Echoblog spoke to Jamilu a BDC owner who also confirmed the news. The closure of business would take effect from Thursday, February 1, 2024. On Tuesday naira closed at an all-time low of N1,482 against the United States dollar on the official window. It stayed stable at N1,450/$ at the parallel market.