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FG, NLC, TUC to Resume Talks on Petrol Subsidy Removal Today

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FG, NLC, TUC to Resume Talks on Petrol Subsidy Removal Today

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Today, the Federal Government of Nigeria will resume talks with the Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) to discuss the impact of the removal of petrol subsidy.

The meeting aims to kick off an eight-week timeline for concluding discussions on the issue.

During the previous meeting, a Presidential Steering Committee was formed to oversee technical sub-committees focusing on various aspects of the matter.

Negotiations will continue with the five sub-committees: Cash Transfers, Social Investment Programme (SIP), Cost of Governance, Energy, Mass Transit and Housing.

The NLC plans to promote a Compressed Natural Gas (CNG) revival process in Nigeria, as part of a move away from oil to gas, to provide alternative energy options to Nigerians and alleviate the burden of the fuel subsidy removal.

The TUC Secretary-General expressed optimism that the presidential steering committee would come up with ideas that would lead to fruition.

This article was updated 5 months ago

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