Comrade Festus Osifo, President of the Trade Union Congress (TUC), has said the union will embark on strike if telecom tariff is raised by 50%.

Osifo stated this during an interview on Channels TV’s Politics Today on Thursday

While admitting rising cost incurred by telecos, he said the root cause of the problem is “slicing of foreign exchange”.

He said that weakening of the naira has affected every sector of the economy.

He said the NLC had met to deliberate on the issue, saying it is the responsibility of the NEC of the TUC to decide on the next line of action.

Osifo said, “If you know what the root cause of the problem is, why would you start looking at the symptoms? So, all the increments that we are seeing today are symptoms of the FX mismanagement.

“So, all we are asking is that let us sit down, let us look at how we can go back to that root cause because we strongly believe that if that root cause is addressed, there is no need for these symptoms to prop up.”

When asked if the union will go on strike if the federal government refuses to listen to the union, Osifo said, “Yes. Correct.”