We Will Disown Peter Obi If He Adopts IMF Policies – NLC

The President of the Nigeria Labour Congress (NLC), Joe Ajaero, has warned that the union will disown Labour Party 2023 presidential candidate, Peter Obi, if he adopts IMF and World Bank policies as President.

Ajaero expressed this during an interview with Channels Television on Tuesday.

He emphasized the NLC’s firm stance against the removal of petrol and electricity subsidies, adding that any Labour Party president implementing IMF policies would face resistance from the labor union.

The NLC President stated, “He (Obi) is the presidential candidate of the Labour Party, but does he own the NLC or the Labour Party? Why can’t you separate them?

“Whoever is the presidential candidate or official of the Labour Party must buy into our projects. If he says he was going to undertake those policies, let him be elected and try such policies.

“Whether a presidential candidate of a party that Labour forms would dictate for Labour? The answer is known to everybody. The policies of Labour, the ideologies of Labour are clear and we are going to pursue it.”

Recall that, on April 3, 2024, NERC raised electricity tariff for customers enjoying 20 hours power supply daily.

The increase saw customers paying N225 kilowatts per hour from the current N66, a development that has been met with criticism by many Nigerians.

It was reported that the NLC and the Trade Union Congress, TUC, subsequently picketed NERC offices and discos on Monday to press home their demands.

But, Ajaero kicked against the “politics of reduction” embarked upon by NERC in recent times.

He said reduction after tariff increase won’t stand, insisting that NERC and discos must first reverse the tariff to the old rates and come to the negotiation table with labour unions and other stakeholders on an agreeable way forward.

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