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NLC plans nationwide protests over sale of national assets

27 September 2016, 08:26

Abuja - The Nigeria Labour Congress (NLC) has revealed plans to mobilize Nigerians across the nation to protest the Federal Government's plan to sell strategic assets in a bid to boost the economy.

According to Punch, Ayuba Wabba, President of the NLC, has claimed that the consequences of such a sale will be severe if carried out as plans.

Wabba has stated that the NLC is planning to go to battle with the Federal Government in court, explaining that the Congress has enlisted the services of 20 lawyers in a bid to have the decision reversed.

Also read: Recession: Labour kicks against sale of national assets

“All the (national) assets are under threat depending on the interest of who is speaking; the NLNG, refineries, all the assets are presently under threat. If we work together, then we can try to defend these assets. It will take the effort of all of us to stop them.

“Nobody will buy what is not profitable. That is why people are looking in the direction of the most profitable,” stated Wabba.

The NLC President has claimed that the biggest threat to Nigeria's economy is corruption within the public and private sectors and is endemic to politicians who he believes are setting themselves to purchase the assets with looted funds, Vanguard reports.

Read more at Punch

- News24

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