"I'd Be The Happiest Person if Subsidy is Re-Introduced": NLC President Opens Up

"I'd Be The Happiest Person if Subsidy is Re-Introduced": NLC President Opens Up

  • Two months after President Bola Tinubu scrapped a popular but costly fuel subsidy, petrol prices rose to N617 per litre
  • Prices were updated nationwide in July from 557 naira per litre at fuel stations across the nation
  • Now, in a fresh interview, Joe Ajaero, the Nigeria Labour Congress (NLC) boss, said he prefers the reintroduction of subsidy

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FCT, Abuja - Joe Ajaero, the national president of the Nigeria Labour Congress (NLC) has said he would be the happiest person if the subsidy is re-introduced.

Ajaero said this while speaking on Channels Television’s Politics Today on Tuesday night, October 3. The interview was monitored by Legit.ng.

NLC strike/NLC strike update/fuel subsidy
NLC President, Joe Ajaero, is not pleased with the price of petrol in Nigeria. Photo credits: @NLCHeadquarters, @officialABAT
Source: Twitter

NLC president speaks on fuel subsidy removal

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It would be recalled that President Bola Tinubu announced the removal of subsidy on Premium Motor Spirit (petrol) in his speech at his inauguration on May 29. Since then, the price of petrol has tripled across major cities from less than N200 per litre to about N600 per litre.

Ajaero said:

"I will be the happiest person for them to reintroduce subsidy so that prices of PMS will return to N185.
"So if they are gradually or instalmentally bringing it back, now you will see that it would be a plus to not only the workers but to all Nigerians.
"Prior to now, the impression they gave to us was that nobody is being subsidised, that the money was going to the people who are just importing."

He continued:

"Now, if we take it from the point of N185 per litre, you discover that for every litre Nigerians decide to buy, you have N400 in it. You don't need any mathematician to tell you that the government is subsidising it.

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"If as at today, they are subsidising it at six hundred and something, I would not say remove the sealing. Even for the sake of accountability, I would know that they (the federal government) have realised their mistake and probably they want to see how they can correct it."

“My husband not a magician”: Remi Tinubu

In a piece of related news, Legit.ng reported that Nigeria's First Lady, Oluremi Tinubu, said President Tinubu is focused on fixing the country’s problems.

She, however, said her husband should not be seen as a magician.

NLC speaks on alleged agreement with FG

Legit.ng also reported that the NLC reacted to the report of reaching an agreement with the federal government to suspend the proposed indefinite strike slated to start on October 3.

The NLC Head of Information and Public Affairs, Benson Upah, said the union did not enter into any pact with the Nigerian government.

Source: Legit.ng

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Ridwan Adeola (Current Affairs Editor) Ridwan Adeola Yusuf is a content creator with more than nine years of experience, He is also a Current Affairs Editor at Legit.ng. He holds a Higher National Diploma in Mass Communication from the Polytechnic Ibadan, Oyo State (2014). Ridwan previously worked at Africa Check, contributing to fact-checking research works within the organisation. He is an active member of the Academic Excellence Initiative (AEI). In March 2024, Ridwan completed the full Google News Initiative Lab workshop and his effort was recognised with a Certificate of Completion. Email: ridwan.adeola@corp.legit.ng.