NewStats: 3,262,245 , 8,176,591 topics. Date: Sunday, 01 June 2025 at 02:39 PM 712c4l

Some labour leaders say there is a need for all stakeholders in the sector, including the government, to analyse the issue of fuel subsidy removal mentioned by the new President, Mr Bola Tinubu, in his inaugural speech.

Tinubu, on taking office on Monday, said that the budget in place before his coming on board made no provision for fuel subsidy, and so it was gone.

The President commended the decision of the Buhari istration in phasing out the petrol subsidy regime, saying it had increasingly favoured the rich more than the poor.

“Subsidy can no longer justify its ever-increasing costs in the wake of drying resources.

“We shall instead re-channel the funds into better investment in public infrastructure, education, health care and jobs that will materially improve the lives of millions,” he said.

Labour leaders told the News Agency of Nigeria (NAN) on Monday in Lagos that the issue needed a holistic approach.

The National Deputy President, Trade Union Congress of Nigeria (TUC), Mr Tommy Okon, said that there had to be stakeholder engagements in which organised labour was one.

“So, we cannot just comment on it until we are engaged, but we have made our position known in our charter of demand to remove fuel subsidies.

“So, it will not be a one-off response because organised labour is partners in progress; they need to sit down and discuss and agree before that is done to avoid industrial unrest, “ Okon said.

Also, Mr Lumumba Okugbawa, the Secretary-General, Petroleum and Natural Gas Senior Staff Association of Nigeria, said stakeholders would sit to analyse the situation and proffer the way forward for the betterment of the country.

“We need to analyse the situation, sit with stakeholders including the government, and see the way forward.

“This is pending when our local refineries, which has been our major point, that once we produce locally, all these issues about subsidy removal will not be there.

“Once we produce locally, not that the price will not be there, but at least, it will be reduced,” Okugbawa said.

On his part, the Secretary-General of TUC, Mr Nuhu Toho, said the union would issue a statement in reaction to some of the issues raised in the president’s inaugural speech. (NAN)

https://dailytrust.com/labour-reacts-to-tinubus-plan-to-remove-subsidy/

Yes definitely, the president will still meet with the Labour union in presidential capacity to reach a common ground.

But I kinda like this statement from the Labour leaders, it’s not confrontational which means with the right bargain, they won’t threaten strike and etc in response to subsidy removal.

After two years, let's not hear another news like "Tinubu plans to remove fuel subsidy". These APC crooks, we can't trust them.


Nigerians go suffer no be small 😂

Wailing pro max

What rubbish analysis have they not done since the first attempt to remove it over 9 years ago.


Even PO said he wil remove fuel subsidy immediately if he wins.

Labour sjkd go and rest

Caution is needed from both sides

Good one

TheGiftedOne:

Peter Obi below: 👇👇👇

Analyses of criminals and fraudsters .

HacheNoire:
First statement coming from the LP camp is very welcoming.

I love constructive criticism cos it’s very healthy for development.

Good one!

PDP need to take classes from LP

It's NLC not LP

JagabanBorgu:

It's NLC not LP

My bad

Obi said it, but added what he will use the money of subsidy funds to do, i can him saying he'll use it in the health, educational sector etc... but we don't know what Tinubu wants to do now, i think we still have to wait and see.

AntiWailer:
What rubbish analysis have they not done since the first attempt to remove it over 9 years ago.


Even PO said he wil remove fuel subsidy immediately if he wins.

Labour sjkd go and rest

I agree labour should rest.

Na I like the removal. Itskong overdue abeg

AntiWailer:
What rubbish analysis have they not done since the first attempt to remove it over 9 years ago.


Even PO said he wil remove fuel subsidy immediately if he wins.

Labour sjkd go and rest

Suddenly, PO remains a trailblazer for you guys. Now, you'd know the difference between agbero style of governance and diplomacy. Una shame done tie wrapper, no one expected that kneejerk announcement when uncertainties normally herald a transition. We would have continued buying petrol at 215 - 235, without anyone making noise about the phased-out subsidy.

XY23:


Suddenly, PO remains a trailblazer for you guys. Now, you'd know the difference between agbero style of governance and diplomacy. Una shame done tie wrapper, no one expected that kneejerk announcement when uncertainties normally herald a transition. We would have continued buying petrol at 215 - 235, without anyone making noise about the phased-out subsidy.

u go cry taya bro

na dt one u one use next 4 years do ?

u better go and rest.


he can never be , he can never be president like say una be God.

I hope they have a plan to help the most vulnerable and poor Nigerians or else na wotowoto pro max day come walahi.

XY23:


Suddenly, PO remains a trailblazer for you guys. Now, you'd know the difference between agbero style of governance and diplomacy. Una shame done tie wrapper, no one expected that kneejerk announcement when uncertainties normally herald a transition. We would have continued buying petrol at 215 - 235, without anyone making noise about the phased-out subsidy.

Watin you dey talk.

yarimo:
Analyses of criminals and fraudsters .

Do you struggle to understand the difference between labour Party and organized labour?

Most of you actually do.

Organized labour is the conglomerate of all labour unions not Peter Obi or his Labour Party.

LegendHero:
Yes definitely, the president will still meet with the Labour union in presidential capacity to reach a common ground.

But I kinda like this statement from the Labour leaders, it’s not confrontational which means with the right bargain, they won’t threaten strike and etc in response to subsidy removal.

are you now the media aid to Tinubu

hardbody:


Do you struggle to understand the difference between labour Party and organized labour?

Most of you actually do.

Organized labour is the conglomerate of all labour unions not Peter Obi or his Labour Party.

Abeg rest.

Nothing anyone can do about that subsidy removal. It's been removed, period. And all of us know the negative impacts this unnecessary spending costs us every year, and once we get a president with golden ball, so courageous to deal with issue point blank, we don't have any problems in Nigeria again.

ALLNIGERIANSMAD:
are you now the media aid to Tinubu

you think say na everybody be your mate outside niraland? Election time has ed, deception time from obi and his cronies has gone. It's time for asiwaju to hit the rock without wasting time.

This morning , we are in New regime. New regime.

These stakeholders were well informed about removal of subsidy...
They just want to make noise now.
Let us be licking our wounds and hope help is on the way..

Fuel queues are fully back and worse

Flangelo12:




Abeg rest.

LOL, so because organized labour endorsed Obi, whatever they say in their capacity as organized labour becomes Obi's views. Be playing oo.

Where is labour when people are still wearing 30k?

Where is labour when the past istration cud not fix our refineries?

The point is; there was N0 provision for subsidy in the budget that was handed over to him which means Bubu's istration removed subsidy, not Tinubu. However, what Tinubu should face now is the issue of local refineries because fuel is the only thing subsidized in Nigeria and removing the subsidy as Bubu did, without a cushion effect will only pitch Tinubu against the people even though he's not the culprit

Most nations of the world have subsidy in place for petroleum. But Nigeria's subsidy is x400 of the actual subsidy. Even the country don't know how much petrol she consumes. So, the removal of subsidy is as a result of the loop holes sucking off extra coins within the system.

Shigishege2:
you think say na everybody be your date outside niraland? Election time has ed, deception time from obi and his cronies has gone. It's time for asiwaju to hit the rock without wasting time.

This morning , we are in New regime. New regime.

are you normal? Simple question ⁉️ you are ranting like parrot 🦜

It's not a plan. It has been removed!