New Fuel Price poses socio- economic threat to Nigerians- NLC

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.Asks government to retrace steps

 

The Nigeria Labour Congress (NLC) has condemned the decision of the Tinubu led administration to seek the approval of the National Assembly to obtain another tranche of external loans worth N500b from the World Bank for the purposes of carrying out a palliative measure to cushion the effect of fuel hike in the country.

 

It also described the proposal to pay N8,000 to each of the 12 million poorest Nigerian households for a period of six months as insults on Nigerians.

 

The President of NLC,  Joe Ajaero, in a statement in Abuja yesterday, said the policy of the present administration was targeted at making the poor poorer while the rich continue to get richer.

 

The congress said the reckless borrowing of the federal government is rather enriching the the already rich to the detriment of the poor masses.

 

It remembered that the U$800m

which was already proposed before the devaluation of the Naira by the government was worth about N400b then but is now worth about N650b after devaluation.

 

According to the congress, “It is

from this, it proposes to bring out N500b for distribution.

 

“The proposal to pay N8,000 to each of the so-called 12 million poorest Nigerian households for a period of six months insults our collective intelligence and makes a mockery of our patience and abiding faith in social dialogue which the government may have alluded to albeit pretentiously.

 

“The further proposal to pay National Assembly members the sum of N70b and the judiciary N36b is the most insensitive, reckless and brazen diversion of our collective patrimony into the pockets of public officers whose sworn responsibility it is to protect our nation’s treasury.

 

“We believe that this may amount to hush money and outright bribery of the other arms of government to acquiesce the aberration.

 

“It is unconscionable that a government that has foisted so much hardship on the people within nearly two months of coming into office will make a proposal that clearly rewards the rich in public office to the detriment of the poor.

 

“What this means all this while is that the government is seeking ways of robbing the very poor Nigerians so that the rich can become richer.

 

“There is no other way to explain the proposal to pay a misery sum of N8,000 Naira to each of the mysterious poorest

12 million Households for six months which amounts to N48,000 and pay just 469 National Legislators N70b or about N149m each while the Judiciary that has about 72 Appeal Court Judges, 33 National Industrial Court Judges, 75 Federal High Court Judges and 21 Supreme Court Judges and a total of about 201 Judges receives a total of N35b or N174m each.

 

“If these other two arms are projected to receive this, what members of the Executive Council will receive is better left to the imagination of Nigerians perhaps, the balance N150b will go to them.

 

“These proposals are not just unacceptable to Nigerian workers but are also dictatorial thus undemocratic.

 

“It is not a product of social dialogue which would have produced collectively negotiated outcomes by critical national stakeholders.

 

“We had thought that this government given the circumstances of its emergence ought to have been a stickler to all the preachments of the fine tenets of democracy which would have shored up its image and begins to build legitimacy for itself unfortunately, it seems to be in a hurry to abandon the remaining pretensions to democracy that the previous administration left behind.

 

“Furthermore, the actions of the federal government shows that it does not have

trust and confidence in the very Presidential Committee that it set up to take a comprehensive look at the consequences of the Petroleum Product price hike and make recommendations on the way forward to ameliorate its negative impacts

upon the citizenry.

 

“What this means is that the government may actually not be

interested in the work of the Committee and may have used it as a window to pretend to Nigerians that it is taking steps towards dealing with the consequences

of its policies.

 

“We do not understand why the federal government would seek to undermine itself as its action suggests.

 

“Why not wait for the Committee to sit and come up with the needed recommendations which would then guide government’s fiscal and monetary policies? Seeking to borrow and going to the NASS for an approval means that it has already taken decisions on what it wants to do and has a budget thus is in need to borrow to fund these activities.

 

“Like they will tell you; it is a fait accompli.We reiterate that we do not have confidence in how the data for the never changing 12m poorest households was generated neither do we have confidence in the mechanisms being pursued for the distribution of the cash transfers.

 

“The history of such transfers especially the school feeding programmes even while the children were at home due to Covid-19 pandemic and the Trader Moni saga fills Nigerians with trepidation reminding us of the continued heist of our collective resources by those in Public office.

 

“We have continually demanded that this register be made public but, it seems to have become an instrument of the occult shrouded in mystery and wielded by the grandmasters whenever opportunities like this presents themselves.

 

“It is important to inform Nigerians that despite having shown our readiness to commence work in the Committees, the federal government which convenes the

meetings is yet to inaugurate the National Steering Committee thus stalling the Work of the Proposed Committees.

 

“If the government had wanted an expedited action which Nigerians want more, the best approach would have been to quickly inaugurate the Committees and allow them do their work but as we write, nothing has been done except the continuation of the borrowing spree and subsequent allocation to themselves.

 

“NLC would not want to continue to be part of the usual charade of Committees with outcomes that are never implemented.

 

“We would not want to waste the time of Nigerians especially workers on Committees that have already been programmed to fail thus ignored.

 

“We do not want to provide a cover for government to get away with the hardship it has imposed on the people.

 

“We do not want to legitimize impunity. As a result, if the government does not want to stop these fortuitous actions that it is pursuing in the name of palliatives, we will be forced to constructively review our engagement with the government on this vexatious issue and take matters in

our own hands”