By Ayo Kehinde
The Nigeria Labour Congress (NLC) on Tuesday condemned the Federal Government policy to borrow $800m loan to implement the payment of palliatives in form of cash transfers to some poor and vulnerable Nigerians.
NLC President, Comrade Joe Ajaero on Tuesday described the proposal to pay N8,000 to each of the 12 million poorest Nigerian households for a period of six months as mockery and insults to the collective intelligence of Nigerians.
Arguing that the Congress has rejected the policy because like the unilateral hike in price of fuel, it was done without consultation and dialogue, which are articles of faith in a democracy.
He said the “Government of Nigeria seems to have been misled into believing that resorting to impunity and imperiousness in governance in a democracy is a beneficial option, as it pursues its stated and unstated objectives. It is this belief that we are sure has continued shaping the actions of this government since its inauguration on the 29th day of May, 2023 to continue inflicting mindless and heartless pains on the populace one after the other without the decency of embracing the tenets of democracy, which requires wide and deep stakeholder consultation on weighty matters of state.”
“As it stands, rather than reciprocate the goodwill of Nigerian workers, the Federal Government has insisted on threading the path of dictatorship and seeking to impoverish the people further by taking steps that can only be described as robbing the people of Nigeria to pay and feed the Rich.
“It is on this basis that the NLC strongly condemns the decision of the Tinubu-led administration to seek the approval of the National Assembly to obtain another tranche of external loans worth N500b from the World Bank for the purposes of carrying out a phantom palliative measure to cushion the effect of its poorly thought-out hike in the prices of Premium Motor Spirit.
“Remember that the U$800m which was already proposed before the devaluation of the Naira by this government was worth about N400b then but is now worth about N650b after devaluation. It is from this, it proposes to bring out N500b for distribution.
“The proposal to pay N8,000 to each of the so-called 12 million poorest Nigerian households for a period of six months insults our collective intelligence and makes a mockery of our patience and abiding faith in social dialogue, which the government may have alluded to albeit pretentiously.
“The further proposal to pay National Assembly members the sum of N70b and the Judiciary N36b is the most insensitive, reckless and brazen diversion of our collective patrimony into the pockets of public officers whose sworn responsibility it is to protect our nation’s treasury. We believe that this may amount to hush money and outright bribery of the other arms of government to acquiesce the aberration.
“It is unconscionable that a government that has foisted so much hardship on the people within nearly two months of coming into office will make a proposal that clearly rewards the rich in public office to the detriment of the poor. What this means all this while is that the government is seeking ways of robbing the very poor Nigerians so that the rich can become richer.
“There is no other way to explain the proposal to pay a misery sum of N8,000 to each of the mysterious poorest 12 million households for six months, which amounts to N48,000 and pays just 469 National Legislators N70b or about N149m each while the Judiciary that has about 72 Appeal Court Judges, 33 National Industrial Court Judges, 75 Federal High Court Judges and 21 Supreme Court Judges and a total of about 201 Judges receive a total of N35b or N174m each. If these other two arms are projected to receive this, what members of the Executive Council will receive is better left to the imagination of Nigerians perhaps, the balance of N150b will go to them.




