{"id":131895,"date":"2023-12-16T13:40:20","date_gmt":"2023-12-16T13:40:20","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/12\/16\/youre-an-enemy-of-nigeria-labour-rejects-world-banks-call-for-n750-litre-fuel-price\/"},"modified":"2023-12-16T13:40:20","modified_gmt":"2023-12-16T13:40:20","slug":"youre-an-enemy-of-nigeria-labour-rejects-world-banks-call-for-n750-litre-fuel-price","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/12\/16\/youre-an-enemy-of-nigeria-labour-rejects-world-banks-call-for-n750-litre-fuel-price\/","title":{"rendered":"&#8216;You&#8217;re An Enemy Of Nigeria&#8217; \u2014 Labour Rejects World Bank\u2019s Call For N750\/Litre Fuel Price"},"content":{"rendered":"<p><\/p>\n<div>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-891367\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2023\/12\/Screenshot_20230902-090425_Opera-Mini.jpg\" alt=\"Joe Ajaero\" width=\"1078\" height=\"601\"  \/><\/p>\n<p>The Nigeria Labour Congress (NLC) has branded the World Bank an \u201cenemy of the Nigerian nation\u201d for proposing to end petrol subsidies and raise the price of gasoline to N750 per litre.<\/p>\n<p>In a Friday statement, the Union\u2019s President, Joe Ajaero strongly criticised the World Bank\u2019s recommendation, while emphasising the negative effects such a policy would have on Nigerians\u2019 well-being.<\/p>\n<p>Rejecting the proposal, he urged Nigerians not to succumb to foreign pressure, particularly from organisations such as the World Bank and the International Monetary Fund (IMF), which frequently advocate policies that are detrimental to the welfare of its citizens.<\/p>\n<p>\u201cIt is truly a shame that the World Bank has really shown itself to be an enemy of the Nigerian nation. Its continued grandstanding and generation of anti-poor policies and programmes have destabilised many countries of the South, especially nations within the sub-Saharan region,\u201d Ajaero stated.<\/p>\n<p>The NLC emphasised the consequences of previous increases in petrol prices, citing the hardships and negative effects on Nigeria\u2019s industrial base and domestic manufacturing capacity.<\/p>\n<p><strong>READ ALSO: \u2018Number of Poor Households In Nigeria Increased by 24m Between 2018 And 2023\u2019 \u2014 World Bank<\/strong><\/p>\n<p>Other than adhering to the World Bank\u2019s advice, Ajaero emphasised the importance of the government prioritising local resources, revitalising domestic refineries, and combating corruption in the downstream petroleum sector.<\/p>\n<p>\u201cThe difficulties and suffering created by the last hike in the price of PMS which was a product of the advice of the World Bank and its sister institution, the IMF, is still ravaging the nation, destroying in its wake the nation\u2019s industrial base and domestic manufacturing capacity which favours Western metropoles,\u201d he noted.<\/p>\n<p>Highlighting the disparity between international petrol prices and local wages, the NLC warned against further increases, terming it a \u201csuicide pill\u201d that would exacerbate the nation\u2019s economic woes.<\/p>\n<p>He further admonished the government to focus on policies that uplift the standard of living for Nigerians and resist foreign influences detrimental to the nation\u2019s interests.<\/p>\n<div class=\"code-block code-block-7\" style=\"margin: 8px auto; text-align: center; display: block; clear: both;\">\n<div data-advadstrackid=\"890536\" data-advadstrackbid=\"1\" class=\"infor-target\" id=\"infor-1158802714\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2023\/12\/300x250b.gif\" alt=\"\" width=\"300\" height=\"250\"\/><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Nigeria Labour Congress (NLC) has branded the World Bank an \u201cenemy of the Nigerian nation\u201d for proposing to end petrol subsidies and raise the price of gasoline to N750 per litre. In a Friday statement, the Union\u2019s President, Joe Ajaero strongly criticised the World Bank\u2019s recommendation, while emphasising the negative effects such a policy [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":131896,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-131895","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>&#039;You&#039;re An Enemy Of Nigeria&#039; \u2014 Labour Rejects World Bank\u2019s Call For N750\/Litre Fuel Price - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2023\/12\/16\/youre-an-enemy-of-nigeria-labour-rejects-world-banks-call-for-n750-litre-fuel-price\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"&#039;You&#039;re An Enemy Of Nigeria&#039; \u2014 Labour Rejects World Bank\u2019s Call For N750\/Litre Fuel Price - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Nigeria Labour Congress (NLC) has branded the World Bank an \u201cenemy of the Nigerian nation\u201d for proposing to end petrol subsidies and raise the price of gasoline to N750 per litre. 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