Organised Labour at a weekend in Ibadan, Oyo State, urged President Bola Tinubu to reverse the floating of the national currency and energy cost to lessen the hardship across the country. Under the aegis of the National Union of Shop and Distributive Employees, NUSDE, Organised Labour noted that Nigerians and businesses are passing through very difficult times and that the federal government needs to address the issues urgently before things get out of hand. President of NUSDE, Aminu Megbontowon, who spoke while addressing guests and members of the Union at the 6th Quadrennial and 13th National Delegates Conference, NDC, of NUSDE in Ibadan, Oyo State, said “Nigerian workers and businesses in the country are facing difficult times because of some of the policies implemented by this government. The cost of energy is provocatively high and this has affected production, service and workers welfare negatively. For instance, there is no justification for petroleum products to be over N1,000 considering Nigeria is an oil and gas producing country while the purchasing power of Nigerians remains very low. Electricity tariff is also very high. The electricity tariff that increased from N68 to N227 has also driven the cost of production, services and livelihood far beyond the reach of many Nigerians.
Nigerians suffering, reverse floating of naira, energy cost, Labour urges Tinubu
