Joe Ajaero said the labour union would have disowned Peter Obi if he had adopts the policies of the IMF and World Bank.
The President of the Nigeria Labour Congress Joe Ajaero said the labour union would disown the 2023 presidential candidate of the Labour Party Peter Obi if he adopts the policies of the International Monetary Fund and the World Bank if elected Nigeria’s President.He described the position of the NLC on the removal of petrol subsidy and electricity subsidy as ‘fixated.’
“Whosoever is the presidential candidate or official of the Labour Party must buy into our projects. If he says he was going to undertake those policies, let him be elected and try such policies. “It would have been the worst for anybody flying the flag of the Labour Party to come and implement these policies, to come and adopt the policies of the IMF and the World Bank.
“NERC takes these two major variables to determine tariff increase. Unknown to the same NERC, each time you increase tariff, it leads to another inflation which within few months, they would see demand for another tariff increase. And this is happening on and on and there is no control over it.”
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