“If Peter Obi adopts policies of the IMF or the World Bank, the NLC will disown him,” warned Ajaero.

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According to Joe Ajaero, president of the Nigeria Labour Congress (NLC), if Peter Obi, a candidate for president of the Labour Party (LP) in 2023, were to embrace the ideas of the World Bank and the International Monetary Fund (IMF), the NLC would abandon him.

This was said by Ajaero in a Tuesday interview with Channels Television.

The NLC’s stance on the elimination of gasoline and power subsidies, he said, was “fixedated.”

Any president of the Labour Party who follows the IMF’s ideas will face stiff opposition from the union, according to Ajaero.

“Does he own the NLC or the Labour Party?” asked the NLC president of Obi, who is running for president as a Labour Party candidate. If you can’t split them, why not?

Everyone associated with the Labour Party, including the presidential candidate, must support our initiatives. Let him run for office and see if he follows through on his promises to implement such measures.

“Would a presidential candidate from a party that Labour founds take orders from on high?” The solution is obvious to all. We will follow the Labour Party’s stated policies and ideology.

Because our values are different from theirs, we will make it difficult for anyone attempting to impose their philosophy on us.

Anyone representing the Labour Party would have made a huge mistake if they had followed our lead and adopted these policies, just as the ones the IMF and the World Bank have proposed.

“The individual would have suffered more as a result. Actually, we’d dump him and leave him to his own devices. We must be very explicit about this difference.

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When asked about inflation and power tariff hikes, Ajaero demanded that distribution companies and the Nigerian Electricity Regulatory Commission (NERC) immediately roll back the recent increases.

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