President of the Nigerian Labour Congress (NLC), Comrade Joe Ajaero, has stated that it is very clear that the Nigerian masses have been suffering and thus, can be classified as losers.
He made this known during the 21st Daily Trust Dialogue with the theme, “Tinubu’s Economic Reforms: Gainers and Losers.
According to Ajaero, it is not too early to measure the indices of failure as well as that of winning.
He stated that the masses were the losers because Nigerians who were once buying fuel at N187/liter, now have to do so at the rate of N700/liter.
He said the masses were suffering because there is no increase in salaries and wages.
He also stated that it took former President Muhammadu Buhari eight years to move from N260/dollar to N700/dollar, within six months, it moved from N700/dollar to N1,350/dollar under Tinubu. So who are the losers?” he asked.
The NLC boss said all of these happenings is a situation of “Public disaster and Private gain.”
He stated, “We are living in a prodigal economy and 99 per cent, if not 100 percent of privatized companies in Nigeria have failed.”
Ajaero noted that the country has been on an increasing debt journey. “Who do you think will pay it?
“I know they tell you that you have to suffer a bit so you can gain, but it has been the same story since forever.”
He concluded by saying that companies are closing down and there is growing unemployment in the country, “so we need policies to keep people in their jobs and not the other way around”.
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