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    Home»Events»NLC protests across the country to raise interest rate hikes
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    NLC protests across the country to raise interest rate hikes

    tundeoyeyemi2002By tundeoyeyemi2002January 30, 2025No Comments3 Mins Read
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    The NLC Nigerian Labor Conference has decided to hold a national anti -pre -electric price protest protest on Tuesday, February 4.

    The leaders of the union are on the predecessor of NAC of the National Administrative Committee NAC, which announced this

    The trade union stated that the strike aims to send a warning to the government, that is, the hiking of the workers will resist the plan, because it will worsen the level of poverty across all over the country.

    Recall that NLC rejected the federal government on January 22 that the federal government raised interest rates by 50 % of the telecommunications tariff approved by the NCC.

    According to NLC, 50 % of the tariffs approved, “Nigerian workers and the masses are working hard to deal with unprecedented economic difficulties. This is an obvious attack on their welfare and abandonment of the company’s fat cats.”

    In a statement called “50 % telecom tariff rate hike: another burden is too serious!” Said Joe Ajaero, president of NLC.

    “NLC expressed clear condemnation through the NCC Nigerian Communications Commission’s recent approval of the federal government, and its telecommunications tariffs increased by 50 %.

    This decision was when Nigerian workers and the public worked hard to deal with unprecedented economic difficulties, which was obviously an attack on their benefits and abandonment of corporate fat cats.

    Telecom services are essential for daily communication, work and information access. However, the average salary of Nigerian workers has spent about 10 % of telecommunications costs.

    For workers who earn the current minimum salary N70,000, this means that it increases from 7,000 N7,000 to N10,500 or 15 %, which is not sustainable every month, which is unsustainable.

    This upgrade reflects the significant simplification of the government’s priority when the company’s profits are prioritized to citizen welfare.

    It is shocking that the government has approved the increase in 50 % of the tariffs of telecommunications companies within one month, but despite the increase in the cost of life and inflation, it still takes nearly a year to approve the recent minimum wage.

    This obvious difference emphasizes the uneasy reality. The government seems to be more consistent than the demand of workers and citizens who wants to serve.

    We must ask, “When will the government represent the person it vowed to protect?” When will the National Assembly fulfill their responsibilities and make the administrative staff responsible for the public’s policy of publicly damaging most benefits? When will ordinary people sigh in Nigeria?

    We call on the government to stop implementing this unwise hiking to allow reasonable dialogue during hiking. If dialogue is consistent with the need for hiking, then we can all seek more humanized increases, and it is definitely not the 50 % hiking.

    NLC calls on all Nigerian workers and the masses to refuse this unreasonable tariffs to raise interest rates. We urge citizens to prepare for collective actions, including the possibility of resisting telecommunications services nationwide to force this punitive increase.

    This is for our dignity. Our rights are fighting with us as a nation. The Nigerian Labor Conference is still resolute in defending the interests of Nigerian workers and the masses. We will not allow the people to take the lead, thereby further accumulating poverty and inequality.

    We will do our best to resist this unfair phenomenon and ask the government to give priority to their citizen interests rather than the interests of the company. “

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