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Business & Economy

Telecom tariff increase: TUC threatens nationwide strike

The FrontierThe FrontierFebruary 7, 2025 3221 Minutes read0

•TUC President Festus Osifo

The Trade Union Congress (TUC) has threatened to go on nationwide strike if the federal government does not rescind its recent approval for the 50 per cent increase in telecommunications tariff.

The President of the TUC, Comrade Festus Osifo, made this known during an interview on Channels Television last night.

Following its National Administrative Council (NAC) meeting earlier in the day, the TUC condemned the proposed tariff hike, saying that it is not only ill-timed but also a deliberate act of economic oppression against Nigerians.

Asked if the union will down tools and enter the streets if the FG doesn’t act on their demand for the reversal of the decision, Osifo replied, “Yes! Correct!”

On the date the action will begin, Osifo said, “What we had today is the NAC meeting to bring about the sensitization. After that, we will have the CWC meeting and the NEC meeting. So, it is the responsibility of NEC of TUC to give a date and define the next line of action.”

The TUC president advised the federal government to tackle the root cause of the problem which he said is forex management rather than the symptoms.

“If you know what the root cause of the problem is, why would you start looking at the symptoms? So, all the increment that we are seeing today is the symptoms of the FX mismanagement.

“So, all we are asking is that let us sit down, let us look at how we can go back to that root cause because we strongly believe that if that root cause is addressed, there is no need for these symptoms to prop up,” Osifo said.

He acknowledged that the telecommunications companies are facing high costs of operations, but said that it would be better for them for the government to provide economic stability that will reduce the cost of operation instead of always looking to increase tariffs.

The proposed telecom tariff increase has raised dust among labour unions and civil society organisations. The Nigeria Labour Congress (NLC) had fixed a protest on Tuesday but suspended the action following a talk with representatives of the federal government.

After extensive deliberation, both the NLC and the FG agreed to set up a 10-man committee comprising five members from both parties to review and submit its report within two weeks.

 

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