Wednesday, July 22, 2026

TUC tells Buhari to act fast on naira, fuel crisis

“TUC, like the rest of the Nigerian populace, is bewildered that the country is being dragged through the twin crises of currency and fuel shortages.”

• February 8, 2023
Crowd in a bank and President Muhammadu Buhari
Crowd in a bank and President Muhammadu Buhari

The Trade Union Congress of Nigeria (TUC) has urged President Muhammadu Buhari’s regime to find lasting solutions to the fuel and naira scarcity.

In a statement signed by its president, Festus Osifo, and secretary general, Nuhu Toro, on Tuesday, the TUC expressed worry at the scarcity and pleaded that they are resolved in one week.

“TUC, like the rest of the Nigerian populace, is bewildered that the country is being dragged through the twin crises of currency and fuel shortages. We are worried and wish to note that smaller denominations of N100 and N50 notes were not affected by the naira redesign but, paradoxically, not in circulation anywhere in the country,” TUC said.

The union added, “President Muhammadu Buhari needs to give a marching order to the Central Bank of Nigeria and the commercial banks to make available the legal tender, unconditionally to Nigerians without further delay.”

It also called for the availability of petrol at filling stations and sale at the official pump price across the country. The TUC said it would monitor the situation closely, urging the government to act promptly to prevent it from getting out of hand.

Mr Buhari had, on Friday, met behind closed doors with governors elected on the platform of the All Progressives Congress (APC), urging Nigerians to give him seven days to resolve the crisis associated with the naira and fuel scarcity.

NNPC CEO Mele Kyari also promised that there would be a substantial improvement in fuel supply in the coming week.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Gov Ododo

States

Tinubu advised me never to negotiate with criminals, Gov Ododo says

“I don’t play with criminals, and I don’t negotiate with them. I can tell you that, as far as Kogi State is concerned, we don’t have a department for ransom payment,” he said.

Pete Hegseth

Heading 1

U.S. has spent $37.5 billion on Iran war: Hegseth

“The estimate we have as of today is $37.5 billion,” Mr Hegseth said.

Toba Ajiboye

Lagos

Slain Lagos NURTW organising secretary buried amid tears

Mr Ajiboye died days after he was attacked by gunmen.

Migrants' boat

Africa

144 refugees, migrants dead, missing off Mauritania coast: UNHCR

“The refugees and migrants were reported dead or missing after attempting the perilous sea journey from West Africa towards Europe,” the agency said.

Daniel Ortega and Marco Rubio

World

U.S. govt condemns Ortega’s ban on elections in Nicaragua 

Mr Rubio urged the international community to rise against Mr Ortega’s dictatorship.

Oleksandr Syrskyi

World

Zelensky sacks Ukraine’s top general after firing defence minister

Mr Syrskyi’s dismissal came days after Mr Zelensky fired Ukraine’s defence minister, Mykhailo Fedorov, a decision that sparked protests across the country.