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

New England serial killer fears: 10 bodies now found in less than 2 months

close Video Paul Mauro weighs in on New England serial killer theory Fox News contributor…

1 hour ago

Trump admin releases shockingly low number of illegal aliens compared to Biden years: ‘Unprecedented’

President Donald Trump's border czar Tom Homan touted how the administration has released a shockingly…

2 hours ago

Trump backs local police in new executive order, rebukes Democrat crime policies that sowed ‘chaos’ across US

President Donald Trump is set to sign an executive order backing local police departments with…

2 hours ago

Dem border rep brags about voting against Laken Riley Act

Rep. Gabe Vasquez, D-N.M., touted his vote against the Laken Riley Act and bashed President…

2 hours ago

GOP races against clock as Senate, House remain trillions of dollars apart on Trump’s tax bill

House Republicans are rushing to get started on a multitrillion-dollar bill to advance President Donald…

2 hours ago

US strikes kill hundreds of Houthi fighters, hit over 800 Red Sea targets: Central Command

The U.S. military has pummeled over 800 targets since mid-March in a campaign aimed at…

2 hours ago