NUPENG urges FG to declare state of emergency in economy

THE Nigerian Union of Petroleum and Natural Gas workers (NUPENG) has urged the Federal Government to declare state of emergency in the economy amid economic crisis.

The labour union expressed worries and concerns about the parlous state of the economy.

In a statement signed by its National President, Comrade Achese Igwe, and made available to Tribune Online on Tuesday, the union added that the Buhari administration is yet to fully tackle the economic challenges facing the country.

“NUPENG is concerned about the weak state of the naira, growing inflation, rise in the cost of prices of goods and essential services, unemployment and growing incidences of crime rate in the country,” it said.

The Union argued that the current sufferings of the masses, which Mr President, Muhammad Buhari, recently acknowledged should be uppermost in the administration and (must be) tackled.

The Union however called for the declaration of a state of emergency on the economy with a view to urgently address the issues.

NUPENG called on President Buhari to involve other stakeholders into the economic team headed by the Vice-President, Professor Yemi Osinbajo, to meet on the way forward.