Engage NLC on social dialogue to avert picketing, Issa Aremu advises CBN
Mr Issa Aremu, the Director-General, Michael Imoudu National Institute of Labour Studies (MINILS), Ilorin, has advised the Central Bank of Nigeria (CBN) to engage the Nigeria Labour Congress (NLC) in social dialogue to avert picketing over cash scarcity caused by naira redesign.
Aremu made the call on Thursday in Ilorin, on the sidelines of the Interfaith Prayer organised to mark the 40th Year Anniversary of the institute.
According to him, it is unprecedented that labour union is threatening to picket the CBN.
He said CBN should use every means at its disposal to ensure monetary stability in the country.
The director-general, who was once a labour leader, noted that depositors had been subjected to a lot of hardship in recent time over the CBN financial policy.
Aremu said that CBN must be more transparent, engaging and look at the overall policies impact on the growth and development of the nation’s economy.
He said that this would ensure confidence of Nigerians in the banking system. Aremu explained that such cashless policy should be gradually introduced after the appropriate infrastructure had been put in place.
“It also requires mass sensitisation and awareness and there is a limited time for implementation of the policy for Nigerians,” he said.
The institute director-general lauded the CBN’s Anchor Borrowers Programme, which he said, “provides loans (in kind and cash) to small holder farmers, which had boost agricultural production, especially rice”.
He, therefore, insisted that picketing of the apex bank by labour leaders was avoidable and preventable, advising CBN to address all concern by organised labour.
On the 40th anniversary of the institute, Aremu thanked the Almighty God for sustaining MINILS and the progress recorded so far.
“This gathering is all about appreciation to Almighty God in the Holy Month of Ramadan, in which Catholic lent also runs. Both Christianity and Islam stress gratitude. Gratitude pleases Allah, while ingratitude displeases Him.
“Glory to Almighty for sparing our lives to continue the institutional building that started with President Shehu Shagari’s formal inauguration in 1983,” he said.
Aremu said that many institutions at 40 were moribund due to irrelevance. In his exhortation, Prof. Abdullateef Oladimeji, the immediate past Deputy Vice- Chancellor of Al-Hikmah University, Ilorin, said that the institute has every cause to praise God in view of the successes recorded.
Oladimeji, therefore, underscored the many achievements recorded by the institute, saying that they had impacted on the development of the nation.
Also, Prophet Michael Adio, the Head of CAC Alabukun, Ilorin and Sheikh Sadiq Kasan Dubu, both urged Nigerians to always pray for the country, adding that prayers could change situation to better one.
(NAN)
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Apata Ajele Secondary School Bamikole Omishore Amina El-Imam AbdulKareem Yusuf Danhawa Ojo Fadumila March 18 Falokun-Oja Hussein Oloyede Council Of The Wise Musbau A. Akanji Abdulrauf Aliyu Ahmed Elekoyangan Hassan Oyeleke April 11 Mustapha Akanbi Abdulrahman Abdulrazak Societe Generale Bank Of Nigeria Adanla-Irese Henry Olaosebikan Suraj Tunji Oyewale Ifelodun Frootify Ilorin Central Mosque Imam Gambari Elesie Of Esie Ajeigbe Tsado Manman Tosin Saraki UNIFEMGA Abdullahi Atanda Royal FM Yunus Lawal Bello Oyedepo Abdulhakeem Adelaja Amao Kwara United Goodluck Jonathan Saba Mamman Daniel Suleiman Alege Kuranga Ahmed Ayinla Jimoh Cassava Growers\' Association Abikan Wale Oladepo Ilorin Muslim Community Sam Okaula Yahaya Jibril Usman Adama Isa Omu-aran Folorunsho Alao Oke-Kura Olaiya Zuberu Babaloja-General Shuaibu Yaman Funmilayo Zubair Maryam Ado Bayero Saka Keji Kassim Babamale Yakubu Mohammed Abdullahi Abdulfatai Ahmed Nupe Durbar Festival Okanlawon Taiwo Salihu Alhaji Musa Muhammed Akanbi Busari Alabi Alausa Oniyangi Kunle Sulaiman Baba Issa Awoye Dan Masanin Durosinlohun Kawu Kehinde Boyede Abdulmalik Bashir Mopelola Risikatullahi Okin Group Jalala Iliasu Kwara State Government Magaji Are Yakubu Gobir