By Ekhator Osasogie Mercy

The Nigeria Labour Congress (NLC) has criticised the International Monetary Fund (IMF) for its denial of responsibility regarding the Nigerian government’s recent removal of subsidy on petrol.

The congress described the denial as cynical and emblematic of the IMF and World Bank’s longstanding pattern of imposing harsh economic policies on developing nations.

In a statement, NLC National President, Joe Ajaaero, criticized the IMF for presenting its harmful recommendations as growth strategies, which have led to increased socioeconomic hardship and stagnation in Nigeria and other nations that have followed their misguided advice.

During a press conference at the IMF and World Bank Annual Meetings in Washington, DC, the IMF’s African Region Director, Abebe Selassie, characterized the Nigerian government’s decision to remove the fuel subsidy as a domestic issue