The Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) have urged President Muhammadu Buhari to take action to prevent any last-minute looting of the country’s treasury as his administration comes to an end.
The unions made this call during the National Workers’ Day celebration held at Eagle Square, Abuja.
They also expressed concern about the country’s debt profile, which they said has left the economy non-progressive.
The unions warned against excessive borrowing of foreign exchange-denominated loans and called for borrowing only for productive reasons such as investments in well-thought-out projects.
They urged the President to caution members of his administration against plunging the country into ruin with thieving.
The unions also reminded the President-elect, Bola Ahmed Tinubu, of his promise to tackle issues facing the workforce with an emphasis on a reviewed minimum wage structure.
Article updated 1 week ago. Content is written and modified by multiple authors.
