Nigeria News

NIGERIA: NLC Urges FG to Ignore IMF’s Advice on Subsidy Removal

The Nigeria Labour Congress (NLC) has urged the Federal Government to ignore a recent recommendation by the International Monetary Fund (IMF) that the  elimination of "subsidy would help fiscal adjustment, mobilise non oil revenues, strengthen oil price rule and oil saving mechanism".

The Congress reiterated its readiness to resist any attempt to increase the price of petroleum products under the guise of subsidy removal.

More to follow…

Leave a Reply