TUC Urges Federal Government to Import Food to Curb Rising Food Prices
TUC Urges Federal Government to Import Food to Curb Rising Food Prices

TUC Urges Federal Government to Import Food to Curb Rising Food Prices

TUC Urges Federal Government to Import Food to Curb Rising Food Prices

Trade Union Congress (TUC) has asked the federal government to begin immediate import of food items from different parts of the world to reduce the soaring prices of food in the country.

TUC, which has opted out of Tuesday’s protests organized by the Nigeria Labour Congress, says the food must be imported within the next two weeks.

TUC President, Festus Osifo, made the call at a news conference held on Monday in Abuja, during which he presented a ten-point agenda to the federal government to effectively tackle the economic hardships.

Osifo also asked President Tinubu to strengthen his economic management team by bringing in more competent hands from all parts of the country.

According to Osifo, the federal government should also review taxes on critical goods being imported into the country.

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The TUC president advised Tinubu to as a matter of urgency strengthen the economic management team of his administration and also look beyond party or tribal lines to headhunt the best Nigerians throughout the world who could sit down and develop homegrown solutions to the hardship menace.

He further called for the passage and implementation of a new minimum wage law that reflects the current economic realities.

The Federal Government’s economic team should work towards a more realistic rate of the naira to dollar, which they pegged between N500 and N800 to the dollar.

There should also be a clamp down on currency speculators, especially those online, who have made remittances from abroad drop.

The TUC leadership, however, called for the rolling out of petroleum products by the Port Harcourt Refinery by the end of Q1 2024 to reduce the high cost of Petroleum Motor Spirit nationwide.

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