The Trade Union Congress of Nigeria (TUC) has strongly condemned the recent increase in petroleum pump prices, warning that it will worsen poverty levels among workers.
In a statement issued on Wednesday, TUC President Comrade Festus Osifo called on the Federal Government to “immediately reverse these decisions, implement policies to strengthen the naira, and take urgent measures to ease the suffering of Nigerians.”
The union criticized the fuel price hike, which it said was imposed “without consulting key stakeholders,” describing it as a clear disregard for the welfare of Nigerians, especially the working class, who are most affected by such actions.
“The abrupt increase in fuel and electricity costs will only intensify the hardships people are already facing, leading to greater suffering and the risk of social unrest,” Osifo stated.
He urged the government to take swift action to reverse these decisions, stabilize the naira, and work towards alleviating the economic burdens on citizens. “The government must act quickly to restore public confidence and prevent further deterioration in living standards,” he added.
The TUC reaffirmed its commitment to protecting the rights and interests of Nigerian workers, vowing to continue advocating for policies that promote social justice, fair wages, and decent working conditions.
Electricity Tariffs
The union also expressed deep concern over the recent 250 percent increase in electricity tariffs, stressing that affordable electricity is essential for the survival of the country’s most vulnerable populations.
The TUC criticized both the timing and scale of the price hikes, questioning why ordinary citizens are left to bear the burden of government policies.
“Why should it always be the common Nigerians who suffer the consequences of high living costs, while those in power continue to enjoy increased allocations and luxury?” the statement read.
Osifo emphasized that the TUC had long suggested various strategies to strengthen the naira and ensure that Nigerians get value for their money, noting that the weak currency is at the heart of many of the country’s economic challenges.
“We are deeply alarmed by the 250% hike in electricity tariffs, especially as this service is critical to the survival of the poorest in society. The timing and scale of these increases, without any meaningful social security measures in place, show a lack of empathy and understanding of the daily struggles faced by ordinary Nigerians.
“The government has not made any serious effort to reduce the cost of governance or cut personal expenses. Nor have they taken meaningful steps to direct resources or implement policies that would strengthen the naira and improve the living standards of our citizens,” Osifo concluded.
