Monday, January 16, 2012

Developing Story-3 Fuel Subsidy: NLC, TUC Disagree over Way Forward

This Day
15 January 2012

There appears to be a major division between the two labour centres over the way out of the fuel subsidy logjam.

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) had, while negotiating with Senate President David Mark during the week, had with the principle of deregulation, subject to agreed terms with the executive arm of government.

TUC proposed a well-planned implementation strategy for deregulation by April 2012 which would be done in phases with safety nets.

The union also said government should then revert to N65 per litre of petrol.

But NLC is insisting now that government should first revert to N65 per litre before any discussion could be held over deregulation.

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