TUC's Osifo Calls for Security Funding and Naira Revaluation

The Trade Union Congress of Nigeria (TUC), under the leadership of Comrade Festus Osifo, has urged the federal government to significantly enhance funding for security operations and take immediate action to strengthen the naira. Osifo made these demands during a press briefing in Abuja following a national administrative council meeting.

He highlighted that ongoing insecurity and exchange-rate pressures are detrimental to investment, food production, and the living standards of workers. Despite acknowledging some progress in tackling insecurity, he emphasized the need for intensified government action due to persistent kidnappings and killings in states such as Plateau, Zamfara, Borno, Katsina, and Niger.

Osifo also called for accountability regarding the deaths of 37 miners in the custody of the Nigeria Security and Civil Defence Corps, insisting that the findings of the investigative committee must be acted upon. On economic matters, he noted improvements in inflation and the foreign exchange market but maintained that the naira should ideally trade between N700 and N800 to the dollar to reduce import costs.