In a series of tweets on Monday, Femi Fani-Kayode, a prominent member of the ruling All Progressives Congress (APC), expressed his disapproval of the Nigerian Labour Congress (NLC) for its decision to embark on a nationwide strike scheduled to begin on Wednesday.
The strike is in response to the recent astronomical hike in petroleum pump prices resulting from the removal of fuel subsidies.
Despite efforts by President Bola Tinubu’s Federal Government to address the concerns, no resolution has been reached, and the NLC refused to attend a meeting with the government on Sunday.
Fani-Kayode criticized the NLC’s stance, particularly highlighting their silence when the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, introduced the cashless policy earlier in the year. He referred to the policy as “horrendous, callous, wicked, malevolent, barbaric, vicious, self-seeking, politically-motivated, unconstitutional, and illegal.” The APC chieftain questioned why the NLC did not threaten to strike at that time.
The statement from Fani-Kayode’s Twitter account emphasized that the policy on oil subsidy, which the NLC opposes, is a well-thought-out and credible plan. He argued that the Nigerian people had endorsed it by electing a President who promised its removal. Fani-Kayode believes that despite initial challenges, the policy will ultimately revive the economy, providing the necessary funds for infrastructural development.
Fani-Kayode went on to accuse the NLC leadership of insincerity, double standards, and hypocrisy. He suggested that they were following the directives of Peter Obi, a prominent opposition figure. Fani-Kayode alleged that the NLC would unquestioningly comply with Obi’s orders, implying their lack of independence and autonomy.
Regardless of the NLC’s opposition, Fani-Kayode emphasized that the removal of oil subsidies is inevitable and necessary for the country’s financial stability and future development. He believes this step is crucial to rectify the fiscal challenges and decay that Nigeria has faced over the past 15 years.
As the NLC prepares for the nationwide strike, the debate surrounding the oil subsidy and its implications for the Nigerian economy continues to generate significant attention and controversy.
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