NLC refutes Tinubu’s N1trn claim on fuel subsidy, says ‘not a single kobo saved’

The Nigeria Labour Congress (NLC) has denied President Bola Tinubu’s claim that N1 trillion has been saved since his government ceased payment of fuel subsidy.

It could be recalled that the president, in his nationwide broadcast on Monday, claimed that a total of N1 trillion had been saved since subsidy payment was stopped.

Meanwhile, the NLC president, Joe Ajaero, while speaking during the ongoing nationwide protest of orgaised labour, said the committee that the FG set up to negotiate with Labour told them that not a single kobo had been saved.

Ajaero, who spoke when he alongside Festus Osifo of the Trade Union Congress (TUC), led protesters to the national assembly complex on Wednesday, said “Mr President talked about N1trillion saved. The committee where we meet, they told us that no one kobo has been saved so far. Therefore, we have not agreed on what to pay anywhere,” he said.