“Looters keep billions in soakaway pits, septic tanks”

After a failed attempt to protest the fuel price increase, the organised labour, on Friday, took time off their busy schedules to state the obvious to federal government.

Speaking at the 10th Triennial National Delegates Conference of the Trade Union Congress of Nigeria (TUC), Bobboi Kaigama, the TUC president told the federal government that the Nigerian economy is failing and that Nigerians were going through a lot of difficulties.

Kaigama praised the federal government’s anti-corruption war, saying that the government will return Nigeria to its past glory.

“Presently the economy of the country is in a very bad shape. We are in a period of stagnation with its attendant slow economic growth, high unemployment and rising prices. The country’s currency, the Naira is in a free fall.”

“There is insecurity posed by Boko Haram insurgents, problem of herdsmen and Niger Delta militants, and a host of other ills bedevilling the country. In spite of all these challenges, however, we cannot afford to give up the struggle. But I see hope coupled with signals of a brighter future for our unborn generations. We will surely get there.”

He further stated that the emerging case of corruption was mind boggling.

“The several mind-boggling corrupt cases we have at hand are eloquent testimonies to the fact that but for providence, the country would have since ceased to exist. Some people have cornered a large chunk of the wealth of the country to themselves and their cronies.”

“In the past, we questioned the rationale behind any individual keeping two billion naira, but today such a question might be considered irrelevant as individuals even keep billions of dollars in soak-away pits, septic tanks and even buried them in the ground.”

“The fight against corruption is on and we commend the present administration for the bold and courageous initiative. It is however necessary to state that more still need to be done effectively to sanitise the system.”

The minister of Labour and Employment, Chris Ngige, was also present at the event.

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