TUC Reveals How Petrol Price Hike Could Ignite Social Unrest in Nigeria

The Trade Union Congress of Nigeria (TUC) has raised concerns over the recent surge in petrol prices, warning that the increase could lead to social unrest across the country.

In a statement signed by TUC President Festus Osifo on Wednesday, the union expressed strong opposition to the new pump price of Premium Motor Spirit (PMS), which jumped to N897 and N855 per liter from N617 just days ago. The TUC cautioned that this sudden hike would exacerbate poverty levels among Nigerian workers and deepen existing economic hardships.

The TUC criticized the Federal Government for implementing the price increase without consulting critical stakeholders, calling it a blatant disregard for the welfare of the Nigerian people, particularly the working class who are already struggling to make ends meet. "The sudden hike in fuel and electricity costs will only exacerbate these challenges, leading to further hardship and potential social unrest,ÔÇØ the union stated.

The TUC demanded that the government "immediately rescind these decisions, promote policies that will strengthen the naira, and take decisive steps to alleviate the suffering of Nigerians.ÔÇØ The union emphasized that swift action is needed to restore public confidence and prevent further deterioration in the living conditions of citizens.

The warning comes amid growing discontent over the rising cost of living, with the Nigeria Labour Congress (NLC) also calling for the immediate reversal of the petrol price hike. Both unions are urging the government to take immediate steps to address the worsening economic situation and avert a potential crisis.

The TUC's call adds pressure on the government to reconsider its recent policy decisions, as Nigerians continue to grapple with the impact of inflation, high unemployment, and inadequate social services.

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