Labour leaders meeting Tinubu in Aso Rock
Leaders of the organised labour comprising the Nigeria Labour Congress and the Trade Union Congress of Nigeria are meeting President Bola Tinubu at the Aso Rock Villa, Abuja.
The meeting comes just hours after the unions followed through on their plans to protest the economic hardship triggered by the discontinuance of petrol subsidy, as Tinubu announced on May 29.
The protests, initiated by NLC and TUC, raised concerns about the impact on citizens’ cost of living, especially the vulnerable.
The meeting is aimed at conveying workers’ grievances; negotiate potential solutions, and presenting demands for suitable palliative measures to alleviate economic burdens.
The labour union leaders had said they were seeking assurances from the government that concerns will be addressed effectively and promptly, ensuring the removal of petrol subsidy is not overly burdensome, particularly for Nigerians already facing economic challenges.
During his inaugural address on May 29, President Bola Tinubu announced that the petrol subsidy regime was over.
The pronouncement immediately led to a hike in the pump price of petrol, a quadrupling of transportation costs in certain areas, and ballooning inflation across several market segments.
