Subsidy: Labour institute's D-G tasks FG, Labour on dialogue

Date: 2023-06-05

Mr Issa Aremu, the Director General of Michael Imoudu National Institute For Labour Studies (MINILS), has called for continuous dialogue between the organised labour and Federal Government on the current petroleum subsidy impasse.

Making the appeal in a statement made available to newsmen Ilorin on Sunday, Aremu emphasised the imperative of policy dialogue and discussions between government and relevant stakeholders on the vexed issue of deregulation.

He expressed optimism that through exchange of facts, negotiations and compromises, both parties would find a common ground for the inevitable reform of the petroleum downstream sector.

He noted that the sector unions, including PENGASSAN and NUPENG, have been pushing for this common grounds for years.

Aremu recalled that petroleum products supply and pricing had always been an acid test for successive governments in Nigeria.

Aremu, who was the former vice president of the Nigeria Labour Congress( NLC), however, observed that what made the current reform different is that there is a national consensus among all stakeholders that prohibitive costs of subsidising a single product (PMS) in the wake of declining public revenue and other national needs are unsustainable.

“The Petroleum Industry Act (PIA) with all its imperfections has rightly unbundled NNPC and legitimised deregulation.

“Neither policy reversal or mass protest is an option, but genuine negotiation and social dialogue would make the deregulation policy a reality without compromising the welfare of the citizens with respect to welfare and secured job,” he said.

The director-general commended the initiative of President Bola Tinubu for meeting with labour leaders, which he described as labour friendly and a leader that is accessible and open to engagement.

He challenged the labour and civil society to reciprocate the presidential gesture with creative options that would protect the existing public and private jobs.

According to him, this will be through better remuneration to cushion the inflationary pressures and create more decent jobs, adding that Tinubu had even alluded to new minimum wage.

He said the current policy contestations and discourses are good for national development, adding what is needed is to “work out win-win options” for the petroleum downstream sector in particular and Nigeria as a whole.

(NAN)

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Saad Omo Iya     Saka Keji     Saad Belgore     Danladi     Wahab Egbewole     Hydro-electric Power Producing Areas Development Commission     Jimoh Akani     Aliyu Umar     Funmilayo Isiaka Oniwa     Aliyu Adebayo     Taofeek Sanusi     KWASAA     Femi Oladiji     Afolabi-Oshatimehin     Mashood Abdulrafiu Agboola     Lukman Adeloyin     Kupchi Hosea Maxwell     2017 Budget     Olupako     Ayekale     Tricycle Owners Association Of Nigeria     Sanusi Abubakar     QuickWin     Shagari     Yusuf Olaolu Ali     11th Galadima     AGF Abdulrazaq     Aro Yahaya     Kulende-UITH     National Democratic Congress     NIRSAL     Issa Oloruntogun     Imam Gambari     Adesina Simon Sodiya     Yakubu Dogara     Afin Descendants Union Of Odo-Owa     Aminu Ado Bayero     Hussein Olokooba     Lawyers Unite Against Corruption     Kola Bukoye     Olaosebikan     Al-Ilory     Ibrahim Labaika     Olugbense     Ganiyu Abolarin     Abdulrahman Abdullahi Kayode     KWSUED     Lawal Olohungbebe     Wahab Olasupo Egbewole     Oya State     Minimum Wage     Titus Ashaolu     Okeose Christian Cementary     Zaratu Umar     ASMAU PLAZA     Sheikh Ridhwanullah     Tafida Of Ilorin     Grillo     Ilorin     Olam Food Ingredients     JSSCE     Ibrahim Kayode Adeyemi     Emir Of Kano     Alfa Yahaya Road     Oba Abdulkadir La\'aro     Ademola Kiyesola     Dan-Kazeem     Bluenile Associates     Dumagi     Ahmad Lawan     Senior Staff Union Of Colleges Of Education     Saliu Shola Taofeek     Bank Of Industry     AbdulRauf Keji     Wahab Isa     Kale Bayero     Jelili Yusuf    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ramat Oganija     Medview Airlines     Adamu Atta     Marafan Shonga     Forgo Battery     Yusuf Abubakar     COEASU     Olabanji Orilonishe     Special Adviser On Digital Innovation     Code Of Conduct Tribunal     Saidu Yaro Musa     Federal Polytechnic Offa     Abubakar Aliagan     Ike Ekweremadu     Ahmed     Junior Secondary School Certificate Examinations     Bolakale Kawu     Lanre Olosunde     Muhammad Yahya     Ashiru     Olabode Towoju     Abdullahi AbdulMajeed     Olumide Daniel Ibitoye     Matthew Babaoye     Timothy Akangbe     Col. Ibrahim Taiwo     Olokoba Abdullahi Ayinla     Imam Gambari     Oluronke Adeyemi     Buari Edun     Abdulwasiu Bolaji Adeyi     Abdulganiyu AbdulAzeez     Olokoba     Saliu Mustapha     Hussein Olokooba     Haruna Tambiri Mohammed     Rueben Parejo     Nigeria Customs Service     Jimoh Saadudeen Muhammed     Funke Adedoyin     Sabi     Abubakar B.M     Saadu Gbogbo Iwe     Abdulrasheed Lafia     Kola Shittu     Tafida Of Ilorin     Bankole Omisore     Islamic Development Bank     Segun Abifarin     Adamu Attah     Jeunkunu-Malete-Bani     Lafia Aliyu Korasabi     IPSAS     Umar Danladi Shero     Freshvine Nigeria Limited     Olanrewju Okanlawon Musa     Monthly Sanitation Exercise     Tinubu     Eleja     Galadiman Ngeri     John Olajide Adedipe     Shonga     Rasaq Jimoh     Busari Toyin Isiaka     Abdullateef Abdussalam     NIPR     Dan-Kazeem     Yusuf Lanre Badmus     Bamidele Aluko     Centre For Peace And Strategic Studies     Henry Olaosebikan     Kolawole Akande     Femi Ogunsola     Adebayo Mohammed Kamaldeen     Clara Nwachukwu     Ajike People Support Centre     Ilorin General Hospital