A former Governor of Edo State, Adams Oshimohole has expressed confidence that the lack of agreement between the Federal government and organised Labour over the eradication of fuel subsidies will be resolved soon.
Oshimohole who appeared as a guest on Channels Television’s Sunday politics, Stated that President Tinubu recognizes the influence that the fuel subsidy is having on Nigerians as he is bent-on cushioning it swiftly.
“This president recognizes that the effect of the withdrawal is already here, people are already going through some level of discomfort and therefore there has to be an immediate solution to it.
“Now that immediate solution is what we discussed and the fact that we are meeting on Tuesday again shows that clearly, we realize that this is not one of those things you want to buy time because it has a real negative impact, on particularly, the most vulnerable group.
“But we have a solution to it because you are going to make savings, so take from that savings or even if it is borrowing. So, whatever it is, you can leverage some revenue and improve wages to cushion the cost of living, I think it is legitimate, I think it is doable, it is not something that you want to spend two to three months negotiating,” Oshiomhole said.
Former President of National Labour Congress (NUC) affirmed that the meeting between the Federal government and the Trade Union Congress (TUC) was progressive. That the federal government would put all demands from TUC into consideration and retrogress on Tuesday.
Oshimohole also added that ” If Nigeria can save about N7 trillion by ending subsidy, the Federal Government can take part of that money and put in the wage sector “because those savings will go into the federation account which will be distributed among the three tiers of government and so every tier of government will have more money and should be able to meet the consequential increase in wages”.
