Just In: .Reject Petrol Subsidy Removal, Labour Tells Nigeria Government
The removal of petrol subsidy and need to rid the nation of corruption that had characterized the process over the years was the major fulcrum of the president Buhari’s electioneering campaign in the 2015 general elections. Fours years after, the federal government is still subsidising the product ,but this time around, through the Nigeria Liquefied Natural Gas dividend fund. Raising concerns on the economic implications of the Policy, the International Monetary Fund called on Nigeria and other countries still subsidising fuel for domestic consumption to stop doing so. However, Nigeria foremost labour movement,Nigeria Labour Congress at a news conference in Abuja condemned the IMF proposal describing it as unrealistic in view of present economic realities.