Categories: World

Nigerian labor unions strike over inflation, ailing economy

close Video

Fox News Flash top headlines for February 27

Fox News Flash top headlines are here. Check out what’s clicking on Foxnews.com.

Nigeria’s government employees and other union workers began a new nationwide strike Tuesday that threatened to shut down key services while people are angry about soaring inflation and growing economic pain.

Since assuming office in Africa’s most populous country last year, President Bola Tinubu has enacted policies that include doing away with fuel subsidies and unifying the country’s multiple exchange rates, leading to a devaluation of the naira against the dollar.

Gasoline prices have more than doubled and inflation has shot up as a result, reaching close to 30% last month, the highest in nearly three decades, according to the National Bureau of Statistics.

NIGERIANS PROTEST OVER SKYROCKETING INFLATION AS LOCAL CURRENCY HITS RECORD LOW VALUE

“We are hungry. There is nobody that doesn’t know this,” said Joe Ajaero, president of the Nigerian Labor Congress.

Others said the protest was the only way to get the government’s attention.

Nigerian labor unionists march in protest of economic turmoil on the streets of Lagos, Nigeria, on Feb. 27, 2024. (AP Photo/Sunday Alamba)

“Things are getting out of hand,” said Christian Omeje, a shop owner in the capital, Abuja. “Prices keep soaring, the aid the government said it would dole out has not been provided.”

This is just the latest strike action. In October, government labor unions reached a deal with the government to end strikes in return for monthly stipends and subsidies to cushion the blow of the new policies. Still, the unrest continued.

Unions say the government has failed to deliver on promises that included a monthly wage increase of approximately $20 for all workers for six months and payments of approximately $15 for three months to millions of vulnerable households.

A pledge to roll out gas-powered buses for mass transit last year also failed to materialize.

CLICK HERE TO GET THE FOX NEWS APP

Most services appeared to continue Tuesday with a reduced workforce.

Share

Recent Posts

‘Profound reminder’ of courage: Maine police K-9 shot, killed in the line of duty

close Video Special Operations Wounded Warriors teams up with Baden K-9 to help veterans in…

5 hours ago

Florida man nabbed allegedly trying to outrun troopers while wearing Dalmatian onesie

close Video Florida man donning Dalmatian onesie outruns Florida troopers Florida Highway Patrol (FHP) arrested…

5 hours ago

FBI agents detail J6 role in exhaustive questionnaire, spanning ‘thousands’ of employees

FIRST ON FOX: A questionnaire that employees with the Federal Bureau of Investigation said was…

5 hours ago

Trump reinstates ‘maximum pressure’ campaign against Iran

President Donald Trump unveiled an executive order reinstating a "maximum pressure" campaign against Iran on…

5 hours ago

Trump-nominated former NFL player clears Senate hurdle, paving way for confirmation

Scott Turner, a former NFL player and Texas state lawmaker, advanced past a key procedural…

5 hours ago

Senate confirms Pam Bondi as US attorney general

The Senate voted late Tuesday to confirm Pam Bondi, President Donald Trump's nominee for attorney…

5 hours ago