Nigeria’s National Assembly had passed the 2015 appropriation bill without allocating any money for subsidy payment.
Speaking on Wednesday, Deputy President of the NLC and chairman of the joint May Day celebration of the NLC and TUC, Peter Adeyemi, told journalists that organised Labour believed that government had never subsidised petroleum products.
The Labour leader lamented that the bane of the sector had been corruption, pointing out that past government tried without success to address the issue.
He said: “If you are asking whether we will back the removal of fuel subsidy, the answer is no. It is not as easy as that. You know that it has been a very contentious issue over the years. We have always said that there is nothing like subsidy. It is all about corruption.
“Let me take your mind back and say that this same issue has been something that numerous government have embarked upon without an end. During the Olusegun Obasanjo’s government, this exercise was embarked upon by the government about 11 times and both the NLC and the TUC engaged the government.
“So, it is like the more you look, the less you see. For us in Labour, we are not going to support that because it is outside our mandate as leaders. We hope that the incoming government, in a desperate bid to look for money, will not look for money in the wrong place”.