Eunice Afolabi
The Trade Union Congress of Nigeria (TUC) has expressed shock over the country’s slow growth and development in spite of attaining 62 years of independence.
In a statement aigned by the TUC’s President, Mr Festus Osifo, He noted that the country had high hopes and a relatively functional system at independence in 1960.
‘’However, today, corruption, insecurity, high cost of living, and decayed infrastructure, among others have practically eroded the gains of our heros’ past.
‘’According to the National Bureau of Statistics (NBS) the unemployment rate has hit 33.3 per cent and it is now one of the highest in the world; the inflation rate has increased to 20.52 per cent in August 2022.
‘’The misery index has gone beyond the roof; just as maternal mortality rate and a number of out-of-school children are freighting.
‘’One can safely conclude that these are some of the factors responsible for the insecurity challenges that have paralysed our economy, ‘’ he said.
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