NLC, TUC, Fault Tinubu’s N8,000 Cash Palliatives

The Nigeria Labour Congress, NLC, and its counterpart, the Trade Union Congress of Nigeria, TUC, have faulted the President, Bola Tinubu’s plan of giving cash palliatives of N8,000 to 12 million families.

Tinubu, in a letter written to the National Assembly on Thursday, asked for the approval of $800 million borrowing from the World Bank

He said the money would be transferred directly to identified indigent beneficiaries’ accounts to cushion the effects of fuel subsidy removal.

Reacting to the move, both labour unions said Tinubu was running contrary to the works of the Presidential Technical Committee on the removal of subsidy.

NLC and TUC argue that it was not only undemocratic but showed that the President is merely inaugurating the committee as a window dressing for whatever purposes he has set out for himself.