The Trade Union Congress of Nigeria (TUC) has expressed strong opposition to the recent hike in petroleum pump prices, warning that the increase will increase poverty levels among workers.

The union made its position known in a statement on Wednesday.

TUC President Comrade Festus Osifo, who issued the statement, urged the Federal Government to “immediately rescind these decisions, promote policies that will strengthen the naira, and take decisive steps to alleviate the suffering of Nigerians.”

The TUC argued that the sudden hike, “implemented without consultation with key stakeholders,” shows a clear disregard for the welfare of Nigerians, particularly the working class who are most affected by such measures.

“The sudden hike in fuel and electricity costs will only exacerbate these challenges, leading to further hardship and potential social unrest,” Osifo said.

“We urge the government to immediately rescind these decisions, promote policies that will strengthens the naira and take decisive steps to alleviate the suffering of Nigerians. The government must act swiftly to restore confidence and prevent further deterioration in the living conditions of its citizens.

“The Trade Union Congress of Nigeria remains committed to defending the rights and interests of Nigerian workers and will continue to advocate for policies that promote social justice, fair wages, and a decent work environment.”

Similarly, The TUC expressed deep concern over the 250 percent hike in electricity tariffs, criticizing both the timing and scale of the increase and questioning why ordinary citizens must endure the hardships of government policies.

“Why does it have to be the common Nigerians bearing all the pains of high cost of living while those in power enjoy increased allocation and affluence?”

Osifo emphasized that the Congress had long proposed various strategies to strengthen the naira and ensure that every kobo spent by Nigerians has value, noting that the weak naira is a fundamental cause of the country’s economic challenges.

“We are deeply troubled by the further hike in electricity tariffs to 250%, a service that is essential for the survival of the poorest in our society. The timing and magnitude of these increases, in the absence of any meaningful social security measures, demonstrate a lack of empathy and understanding of the challenges faced by ordinary Nigerians.

“Why does it have to be the common Nigerians bearing all the pains of high cost of living while those in power enjoy increased allocation and affluence?

“The government has not made any concerted efforts to reduce the cost of governance or personal effects, nor have they focused on directing resources or effecting policies that would strengthen the naira and improve the standard of living of our citizens,” Osifo stated.