The Trade Union Congress of Nigeria (TUC) has described as tragic the fact that after 65 years of oil production, Nigeria is still unable to verify daily oil production or add value to the sector.
The labour centre lamented that the same calamity is visited on the country, which flares its gas, damaging the environment and losing money while the rural populace relies on firewood for domestic cooking.
He called for the reversal of privatised entities in the electricity sector, where he said the new ‘owners’ have failed abysmally or merely engaged in asset stripping. “We also demand that the Buhari government ensures that PMS is available and sold at the official pump price in fuel stations. The emergent culture of selling such highly inflammable commodities in jerry cans on street corners and residential houses must be stopped,” he said
To this end, the TUC advocated that serious fines on banks in favour of the customers would go a long way in bringing sanity to the system. On the country’s huge debt profile, TUC demanded a stop to further loans by the out-going Buhari-led administration, “which has in the main, incurred these debts part of which was used in building an economically unviable railway to a neighboring country while internally, the country needs railways.
Osifo described it as tragic that monies meant for infrastructure and the creation of jobs ended up in private pockets. He said the TUC would continue to partner with anti-corruption agencies to increase public awareness and expose fraudulent deals and characters anywhere they are identified. He demanded that insecurity be tackled by all means, including mobilising the citizenry to defend themselves against bandits and terrorists.
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