ABUJA, Nigeria (AP) — Workers from all sectors in Nigeria walked off their jobs on Tuesday to protest the growing cost of living caused by the government's removal of gas subsidies, threatening to “shut down” Africa's largest economy if their demands for improved welfare are not met. The Nigeria Labor Congress workers association began a two-day “warning strike” on Tuesday, their second in over a month. They met last week and complained that the decision of Nigeria’s President Bola Tinubu to rem
Last-minute efforts to avert the strike failed on Monday evening after the labor unions' leaders shunned a meeting called by the Labor Ministry. Drawn from all sectors including health and electricity, the workers' strike is expected to disrupt activities in many offices, further hurtingby declining government revenues and oil theft.
The president of the labor association, Joe Ajaero, said there would be a “total and indefinite shutdown of the nation” in two weeks unless the government fulfills the workers’ demands including an increase of wages., Tinubu’s bid to revamp Nigeria's economy has led him to introduce some bold measures, which he said would save more money, strengthen the naira currency and attract investors.
After he ended the yearslong subsidies for gas on his first day in office, the price of petrol more than doubled, resulting in a similar hike in the price of other commodities. The government’s devaluation of the currency further increased the prices including foodstuff. Tinubu's administration has taken several steps to alleviate the hardship, including a $5.5 million package comprising as both loan and grant to states. But the workers have said such steps are not enough with their wages still the same.Many workers are no longer able to pay for transport to work, Ajaero said, speaking of the “excruciating mass suffering and the impoverishment experienced around the country.
The government, meanwhile, said a strike would worsen the condition of Nigerians and requested more time to find ways to resolve the dispute. “We cannot do this in an atmosphere devoid of industrial peace,” Labor Minister Simon Lalong said.Dividend Investors: Top Canadian Utility Stocks for September 2023
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