President Muhammadu Buhari

NLC, TUC, Others Warn FG Against Selling Nigeria’s Assets

The Nigeria Labour Congress, Trade Union Congress of Nigeria and the Nigeria Union of Petroleum and Natural Gas Workers have warned the Federal Government to reject the recommendations to sell the country’s assets, specifically its shares in the Nigeria Liquefied Natural Gas Company Limited and the aviation industry. The bodies described Senate President, Bukola Saraki; Emir of Kano, Muhammadu Sanusi and Aliko Dangote as selfish for making such calls.  They pledged to resist any further sale or concession of national assets under the guise of fighting economic recession.

The President of the NLC, Ayuba Wabba, said government’s investments in the LNLG and Joint Venture oil upstream operations would yield profits for the present and the future generations of the country and should not be tampered with. On his part,  TUC President, Bala Kaigama, and the Acting Secretary-General, Simeso Amachree, said in a statement on Thursday that the suggestion for the sale of the assets was also disgraceful.

NUPENG President, Igwe Achese, called on the Federal Government to ignore the advice and encourage foreign and local investors to build new refineries. He said that the economy could be revived through short-term, medium-term and long-term economic measures to alleviate poverty and suffering of Nigerians.

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