Nigeria’s Trade Union Congress (TUC) has threatened a nationwide strike unless the Federal Government scraps a controversial 5% petroleum product tax set for 2026. The ultimatum, reported by Reuters, escalates tensions amid rising fuel costs and economic strain.
The TUC, representing millions of workers, condemned the tax as a burden on Nigerians already grappling with inflation and power shortages. Announced by the government to fund infrastructure and welfare, the tax has sparked outrage for its potential to raise fuel prices further, impacting transport, businesses, and hospitals reliant on generators.
TUC President Festus Osifo demanded its immediate withdrawal, citing inadequate consultation and economic insensitivity. The government, defending the policy, argues it aligns with fiscal reforms to stabilize the economy, pointing to increased oil production under President Tinubu.
The threat has polarized the nation, with workers rallying behind the TUC, while some economists warn a strike could disrupt oil exports and deepen economic woes. For Nigeria, facing multiple crises like banditry in Katsina and hospital fuel concerns, the standoff tests the government’s ability to balance revenue needs with public welfare. As the TUC mobilizes, the nation braces for potential disruptions, hoping dialogue can avert a paralyzing shutdown.
Discover more from RainSMediaRadio
Subscribe to get the latest posts sent to your email.
