JAMB RECORDS BROKEN; BEST JAMB RESULT SO FAR 337

 

According to the Trade Union Congress of Nigeria (TUC), President Bola Tinubu cannot decide to end the nation's subsidy programme for petroleum products on his own. Before making a decision on the "delicate" issue, the newly elected President should "tarry awhile to give room for robust dialogue and consultation and stakeholders engagement," according to the TUC.

Before the President can make such a decision, the Congress stated that there are a number of issues that need to be carefully considered and settled amicably. In a statement co-signed by its President, Festus Osifo, and Secretary General, Nuhu Toro, the TUC declared that "Nigerian Workers and indeed masses must not be made to suffer the inefficiency of successive governments."

The era of fuel subsidies has ended, Tinubu declared during his inaugural speech on Monday at Eagle Square in Abuja, adding that the 2023 Budget did not include any funding for fuel subsidies and, more importantly, that the continued payment of subsidies is no longer warranted. The fuel subsidy is no longer in place, Tinubu declared, adding that his administration would invest money in infrastructure and other sectors of the economy in its place. Since then, Tinubu's call for the elimination of fuel subsidies has received support from the Nigerian National Petroleum Company Limited (NNPCL).

Since the president's announcement, fuel lines have reappeared all over the nation as Nigerians scramble for the expensive product. The TUC, however, argued that the President cannot unilaterally decide to end subsidies, noting that Muhammadu Buhari's previous administration had referred the "sensitive issue" to the new administration for a reason.