A Former Governor Of Edo State, Adams Oshiomhole, Has Stated Unequivocally That Issues Arising From The Removal Of Fuel Subsidy Will Be Resolved Quickly Between The Federal Government And The Organized Labour.
He Said The President Recognizes The Impact The Withdrawal Of Fuel Subsidy Is Having On Nigerians And Is Intent On Taking A Right Away Action To Cushion The Effect
Oshiomhole, Who Was A Guest On
Channels Television’s Sunday Politics, Said That President Bola Tinubu Recognizes The Impact The Withdrawal Of Fuel Subsidy Is Having On Nigerians And Is Determined To Take Immediate Action To Cushion It.
“This President Recognizes That The Effect Of The Withdrawal Is Already Here, People Are Already Going Through Some Level Of Discomfort And Therefore There Has To Be An Immediate Solution To It.
“Now That Immediate Solution Is What We Discussed And The Fact That We Are Meeting On Tuesday Again Shows That Obviously, We Realize That This Is Not One Of Those Things You Want To Buy Time Because It Has A Real Negative Impact, On Particularly, The Most Vulnerable Group.
“But We Have A Solution To It Because You Are Going To Make Savings, So Take From That Savings Or Even If It Is Borrowing. So, Whatever It Is, You Can Leverage Some Revenue And Improve Wages To Cushion The Cost Of Living, I Think It Is Legitimate, I Think It Is Feasible, It Is Not Something That You Want To Spend Two To Three Months Negotiating,” Oshiomhole Said.
The Former Nigeria Labour Congress (NUV) President Was Part Of A Meeting Between The Federal Government And The Trade Union Congress (TUC) On Sunday And He Said The Meeting Was Productive, Adding That The Government Will Take Into Account All The Demands By The TUC And Switch Back On Tuesday.
He Said That If Nigeria Can Save About N7 Trillion By Ending Subsidy, The Federal Government Can Take Part Of That Money And Put In The Wage Sector “Because Those Savings Will Go Into The Federation Account Which Will Be Spread Among The Three Tiers Of Government And So Every Tier Of Government Will Have More Money And Should Be Able To Meet The Important And Relevant Increase In Wages”.
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