FG, TUC Make Progress On Fuel Subsidy Dispute, To Reconvene Tuesday

Negotiations Show Promise in Resolving Fuel Subsidy Issue

The Federal Government and the Trade Union Congress (TUC) have taken significant steps forward in their negotiations aimed at resolving the dispute over the removal of fuel subsidy.

During a meeting held on Sunday, the Federal Government team, led by Comrade Festus Osifo, President of the TUC, engaged in fruitful discussions.

The meeting commenced at 4 pm and concluded at approximately 7:30 pm, reflecting the seriousness and commitment of both parties.

Wage Increase a Key Demand

Following the meeting, Mr. Dele Alake, a member of the government negotiation team, addressed the State House Press Corps.

He conveyed that significant progress had been made in the talks with TUC leaders. One of the primary demands from the TUC is a wage increase for workers to mitigate the impact of the rising cost of living resulting from the removal of fuel subsidy.

Mr. Alake highlighted that the Federal Government is not opposed to a wage increase, as President Bola Tinubu himself hinted during his recent meeting with All Progressives Congress (APC) governors.

NLC Leadership Absent, Meeting to Resume Tuesday

It is worth noting that the Nigerian Labour Congress (NLC), led by Joe Ajaero, did not attend the Sunday meeting with the government team.

However, notable figures such as Mr. Wale Edun, Olayemi Cardoso, the Group Managing Director of NNPCL, Mele Kyari, the Central Bank Governor, Godwin Emefiele, and the labor leader and former Governor of Edo State, Adams Oshiomhole, were present.

Mr. Alake revealed that the meeting with the TUC will reconvene on Tuesday after further consultations by both parties to solidify resolutions.

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