Connect with us

News

NLC Threatens Nationwide Protest Over Telecoms, Electricity Tariff Hikes

Published

on

The Nigeria Labour Congress on Sunday directed its affiliates to be on alert for mass action if the Federal Government implements the telecommunication services charge contrary to the terms agreed by the 10-man committee.

The decision was taken by the National Executive Council of the NLC during a meeting in Yola, Adamawa State, where the congress inaugurated its Compressed Natural Gas-driven Mass Transit Buses for the North East Zone and discussed the economic challenges facing Nigerian workers.

This was disclosed in a statement released on Sunday.

Advertisement

The NLC warned that any further increase in electricity tariffs would be met with strong resistance.

It also called on all industrial unions and progressive allies to prepare for decisive mass action against anti-people policies.

“Having extensively discussed these existential threats to the working class and the broader Nigerian masses, NEC-in-session resolves as follows: on the 35% tariff hike in telecommunications services: NEC acknowledges the agreement reached on February 21, 2025, between the Nigeria Labour Congress and the Federal Government through the Joint 10-man committee, which reduced the initially proposed telecommunications tariff hike from 50% to 35%.

Advertisement

READ ALSO: NLC Shuts Down IBEDC Over Sacking Of 3,000 Workers

“However, congress remains vigilant, recognising the long history of infidelity. NEC categorically warns that should the implementation of the agreement on March 1, 2025, not be as agreed, the National Administrative Council is mandated to immediately deploy all necessary instruments to enforce compliance in line with the February 10th, 2025 Central Working Committee directive,” the statement read.

The NLC and the Federal Government have been in a series of meetings over the recent hike in telecommunications tariffs by telecom companies in the country.

Advertisement

On the migration of electricity consumers aimed at increasing tariffs, the communiqué stated, “NEC unequivocally rejects the ongoing sham reclassification of electricity consumers by the Nigerian Electricity Regulatory Commission, which seeks to forcefully migrate consumers from lower bands to Band A under the guise of service improvement while, in reality, imposing unjustified extortion on the masses.

“This systematic exploitation, sanctioned by the Ministry of Power, is nothing short of economic violence against the working class and the broader Nigerian populace.

READ ALSO: NLC Threatens Shutdown, Demands Reversal Of Telecom Tariff Hike

Advertisement

“It is evident that the ruling elite, acting as enforcers of global monopoly capital, are determined to further deepen the misery of the Nigerian people through incessant tariff hikes, increased taxation, and relentless economic strangulation.

“Whereas inflation has soared, wages remain stagnant, and the cost of living has become unbearable, the ruling class continues to transfer the burden of their fiscal irresponsibility onto the already impoverished working masses.

“NEC-in-session warns that any attempt to announce further electricity tariff increases will be met with mass resistance. Consequently, the congress resolved to immediately mobilise for a nationwide protest should the Ministry of Power and NERC proceed with their exploitative plan to further hike electricity tariffs under any guise. The NLC shall not stand idly by while the Nigerian people are subjected to the unholy machinations of capitalist profiteers and their state collaborators.”

Advertisement

The NLC further stated, “NEC reaffirms the historical responsibility of the working class to resist all forms of exploitation and oppression. It calls on all affiliates, industrial unions, and progressive allies to remain on high alert and fully prepared to engage in decisive mass action against all anti-people policies of the state.

READ ALSO: JUST IN: NLC Suspends Nationwide Protest Against Telecom Tariff Hike

“The Congress reiterates that no society can sustainably develop under a regime of corporate plunder and neoliberal enslavement. The Nigerian working people must, therefore, remain resolute, organised, and uncompromising in the collective struggle for a fair and equitable Nigeria where the dominance of fat cats at the expense of the masses will be greatly reduced to create a socioeconomic balance.”

Advertisement

On the state of the Labour Party, the statement added, “After carefully examining the unfortunate events in the Labour Party, which was a creation of the Nigeria Labour Congress, and the opaqueness that pervades its activities, NEC-in-session directed the National Administrative Council to take immediate steps which may include; rebranding, merger or forming of coalitions to defend the interests of NLC and Nigerian workers in the party with a view to reclaiming the party and returning it to its original ideological roots.

“The congress will not allow the Labour Party to be hijacked by reactionary forces who do not represent the aspirations of the working people and broader Nigerian People. The NLC remains committed to ensuring that the Party remains a true vehicle for the emancipation of Nigerian workers and the oppressed masses.”

Advertisement

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

on

By

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

READ ALSO:Film Premiere: Edo In Talks With Embassies To Promote Safe Migration —Agazuma

Advertisement

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

Advertisement

He has been a regular feature for Lazio this season.

Continue Reading

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

on

By

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

Advertisement

READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

Advertisement

“This contradiction will no longer be tolerated,” the statement said.

Continue Reading

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

on

By

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Advertisement

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

READ ALSO:I’ve Been Blacklisted In Music Industry For 13 Years – Seun Kuti

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

Advertisement

Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

Advertisement

Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

READ ALSO:My Beef With Wizkid Is For Life – Seun Kuti

By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Advertisement

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.

Advertisement
Continue Reading

Trending

Exit mobile version