NLC to Sanusi: Call for naira de­val­u­a­tion ‘anti-peo­ple’

Daily Trust - - NEWS - By Mustapha Suleiman

The Pres­i­dent, Nige­ria Labour Congress, (NLC), Com­rade Ayuba Wabba has de­scribed as “anti-peo­ple” the re­port cred­ited to Emir of Kano, Muham­madu Sanusi II call­ing for the de­val­u­a­tion of Naira and to­tal re­moval of sub­sidy on petroleum prod­ucts.

In a state­ment yes­ter­day, he said such cam­paigns should be ig­nored, say­ing the Emir was ex­press­ing his pri­vate opin­ion and not speak­ing for the tra­di­tional in­sti­tu­tion or his emi­rate where in­dus­tries have to­tally col­lapsed leav­ing the emi­rate with one of the high­est pop­u­la­tion of vic­tims of anti-peo­ple poli­cies pow­ered by neo-lib­eral in­ter­ests.

Wabba said that the po­si­tion of an emir should not be rub­bished with con­stant procla­ma­tions or cam­paigns for poli­cies that have proven over the years as not only dam­ag­ing to the econ­omy but tar­geted against ma­jor­ity of peo­ple who live in ab­ject poverty.

Ac­cord­ing to him, tra­di­tional in­sti­tu­tion should speak for and pro­tect the poor; and must not be turned to out­posts of neo-lib­eral in­sti­tu­tions such as the IMF, the World Bank and their co­horts.

He said that the state­ment cred­ited to Emir Sanusi clearly speaks only for in­ter­na­tional fi­nance cap­i­tals who are the di­rect ben­e­fi­cia­ries of the pains of the poor in coun­tries that have been un­leashed with poli­cies rammed down the throats of vi­sion­less and un­pa­tri­otic lead­ers blinded by the over­bear­ing strengths and black­mails of the Bre­ton Woods in­sti­tu­tions.

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