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.

Bamidele Adegoke Oladimeji     Salihu Jibril Garbi     Micheal Imodu-Ganmo Road     Wole Oke     Smart School     ASUU     Orisa Bridge     Sunday Otokiti     Mohammed Khadijat Kubura     Ajeigbe     Gbenga Awoyale     Sa\'adu Gambari     Oniwasi Agbaye     Akeem Olatunji     Kwara Restoration Project     Share/Tsaragi     COEASU     Lafiagi     Adaramaja     Sheu Ndanusa Usman     Yusuf Zulu-Gambari     Ben Duntoye     Timothy Olatunde Fadipe     Code Of Conduct     Saka Balikis Kehinde     Yakub Lai Gobir     Okala Baba     Muhammed Abdullahi     Clara Nwachukwu     Wahab Agbaje     Olayinka Oladapo Jogunola     Abdulkadir Bolakale Sakariyah     General Hospital     Folorunsho Erubu     Kawu Baraje     Paul Odama     Emmanuel Olatunji Adesoye     Bello Bature     Adama Isa     Yusuf AbdulRasheed     Taofik Abiodun Ahmed     Ilorin West/Asa Federal Constituency     Iyeru Grammar School     Suleiman Idris     Theophilus Oyebiyi     Ayobami Seriki     Babatunde Ishola Babaita     Amasa     Lai Gobir     Rafiu Ajakaye     Haashim Initiative For Community Advancement     Tanke     Hajj     Deji Ajani     Garuba Alikinla Shittu     Kwara 2019     Ishaq Salman     Eleyele     Matthew Okedare     SWAN     Esinniobiwa Quareeb     Apata Ajele Secondary School     Maimunat Oloriegbe     Sa\'ad Alanamu     Cassava Growers\' Association     Oluranti Idowu     Tayo Awodiji     Kwarareports     Ilorin Like-Minds     Ambassador Kayode Laro     International Public Sector Accounting Standards     Lawal Jimoh     Joseph Offorjama     Dan Iya Of Ilorin     Sulyman Abdulkareem     Olomu     Shururat Olatinwo    

Cloud Tag: What's trending

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

Ilorin Talaka Parapo     Saad Omo Iya     Jimoh Lambe Abdulkareem     Gbemisola Oguntimehin     Charcoal     New Nigeria People’s Party     Iyeru Grammar School     Saliu Oluwole     Damilola Yusuf     GRA     Umar Ahmed Gunu     Abioye Bello     Sardauna Of Ilorin     Alanamu     V.O. Abioye     HYPPADEC     Sheriff Shagaya     Abdulraufu Mustapha     Sabitiyu Grillo     Igosun     KFA     Abdulganiyu Salahudeen     Apata Ajele Secondary School     Jimoh Bashir     Tunji Ajanaku     Moremi High School     Funmilayo Braithwaite     University Road     Makama Of Ilorin     Salman Suleiman     Share/Tsaragi     Olatunji Abdulmumeen     Hamid Bobboyi     Yahaya A Paniyaro     AGILE Programme     Abdulrauf Yusuf     Otoge     Samuel Olusegun Adedayo     Sango-UITH Road     Ibikunle Ogunleye     Niyi Osundare     Muhammad Fawaz Abubakar     Salihu Ajibola Ajia     Bayo Ajia     Obasanjo     MAI Akande     Marufat Oladosu     Sulaiman Gado     Amosa     Abdul-Rahoof Bello     Mamatu Abdullahi     Oba-Solagberu     Islamic Development Bank     Funmilayo Oniwa     Sabo-Oke     Tsaragi/Share     Fareedah Dankaka     Olabode Towoju     Agboola Babatunde     Muhammad Sirajo Aliyu     Ridwan Agboola     Shuaib Abdulkadir     HAMFAT Clinic And Maternity     Lawal Arinola Kudirat     Abubakar Bature Sulu-Gambari     Sambo Murtala     Tope Daramola     Orire     Suleman Abubakar     Summit University     Oluwarotimi Boluwatife Adenike     Ogbondoroko     Sebastine Obasi     Marafan Shonga     Kwabes     Mohammed Abdulahi     Ballah