Petrol Subsidy: Federal Government Making Good Progress

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The Federal Government and the Trade Union Congress (TUC) have made progress on the negotiations toward resolving dispute over the removal of fuel subsidy.

The Federal Government team and that of TUC led by its President, Comrade Festus Osifo met on Sunday in a meeting that started at about 4pm and ended around 7.30pm.

Addressing the State House Press Corps after the meeting, Mr. Dele Alake who is part of the government negotiation team said much progress has been made in the talks with the TUC leaders.

He revealed that a major demand from TUC is wage increase for workers to accommodate the burden of rising cost of living the subsidy removal will bring noting that the Federal Government is not averse to wage increase as President Bola Tinubu himself had hinted on that during his meeting with governors of the All Progressives Congress (APC) on Thursday.

The leadership of the Nigerian Labour Congress (NLC), led by Joe Ajaero didn’t attend the Sunday meeting with government team that had Mr. Wale Edun, Olayemi Cardoso, Group Managing Director of NNPCL, Mele Kyari, Central Bank Governor, Godwin Emefiele, labour leader and former Governor of Edo State, Adams Oshiomhole among others in attendance.

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Mr. Alake said the meeting with TUC will resume on Tuesday after further consultations by both sides to firm up resolutions.

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