President Nigeria Labour Congress, Joe Ajaero, reveals the labor union would disown the 2023 presidential candidate of the Labour Party, Peter Obi, if he adopts the policies of the International Monetary Fund .
The President of the Nigeria Labour Congress, NLC, Joe Ajaero, has said that the labour union would disown the 2023 presidential candidate of the Labour Party, Peter Obi, if he adopted the policies of the International Monetary Fund, IMF, and the World Bank if elected Nigeria’s President.
Ajaero made this statement today while speaking in an interview.
Ajaero, who described the position of the NLC on the removal of petrol subsidy and electricity subsidy as ‘fixated,’ also added that the labour union would have it tough with any Labour Party president who implements the policies of the IMF.
Magic FM recalls that, on April 3, 2024, NERC raised electricity tariff for customers enjoying 20 hours power supply daily.
The increase saw customers paying N225 kilowatts per hour from the current N66, a development that has been met with criticism by many Nigerians.
It had been reported that the NLC and the Trade Union Congress, TUC, subsequently picketed NERC offices and discos on Monday to press home their demands.
But, Ajaero kicked against the politics of reduction embarked upon by NERC in recent times.
He said reduction after tariff increase won’t stand, insisting that NERC and discos must first reverse the tariff to the old rates and come to the negotiation table with labour unions and other stakeholders on an agreeable way forward.