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.

Paul Odama     Justina Oha     Henry Olaosebikan     Ebola     Ballah     EndSARS     Gbugbu International Market     Lotus Bank     Femi Oladiji     Kolade Solagberu     Bio Ibrahim     Seun Bolaji     CT Ayeni     Abdulrasheed Na\'Allah     Chief Imam Of Omu-Aran     Salihu Ajia     SWAN     Yeketi     Talaka Parapo     Kwara Politics     Oloruntoyosi Thomas     Abdulsalam A. Yusuf     TESCOM     Ahmed Shuaib Buranga     Akeem Lawal     Mukhtar Shagaya     Oke-Oyi     Idofin     Kayode Alabi     Patigi Regatta     Adisa Logun     Aminu Adisa Logun     JAAC     Abdulmumini Sanni Jawondo     Ayodele Shittu     Tayo Awodiji     Sarakite     Mashood Abdulrafiu Agboola     Orisun Igbomina     Madawaki     Arinola Fatimoh Lawal     Umaru Saro     Makama     Odogun Olushola Gabriel     Oniyangi     Abdulbaqi Jimoh     Durbar Festival     Seed Technologies     Tunde Akanbi     Gbenga Olawepo     Pategi     Federal Allocation     CCB     Okiki     Local Government     Taofeek Sanusi     Olohungbebe     Wahab Abayawo     FOMWAN     Sunday Fagbemi     Yusuf Badmus     Ayedun     Bilikisu Oniyangi     Oko-Erin     Logun     Ilorin Talaka Parapo     Baba Issa Awoye     Medinat Folorunsho Salman     Tescom.kwarastate.gov.ng     Leke Ogungbe     Abubakar Ndakene     Mohammed Jimoh Faworaja     Aminat Ahmed     Abdulrosheed Okiki     Benin Republic     Shagari     Simon Sayomi    

Cloud Tag: What's trending

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

Igbomina     Tunde Yusuf     Suleiman Ajadi     Abiodun Abdulkareem     Mary Kemi Adeosun     Bashir Adigun     Musa Abdullahi     Sam Onile     Biliaminu Aliu     Ishaq Salman     HICA     Egbejila     Oluranti Idowu     ARMTI     Kawu     Baba-Isale     Abdul-Rahoof Bello     Saduki Lafiagi     Gbajabiamila     Elesie Of Esie     School Of Nursing     Ilesha-Gwanara     Waziri Yakubu Gobir     KWAFFA     Kwara North     Suleiman Rotimi Iliasu     Umar Saro     Sa\'adu Salau     Risikat Lawal     Olatunde Oyeyiola     John Mayokun Dada     Ajakaye     Al-Hikmah University     International Vocational Centre     Alfa Yahaya Road     Abegunde Goke     Adamu Atta     Odo-Owa     Ibrahim Taiwo Road     Hassan Abdulazeez Elewu     Rabiu Kwankwaso     Curfew     Federal Allocation     Salman Jawondo     Bashiru Makama     Abraysports FC     Tunde Kazeem     GAMA     Saliu Tunde Bello     International Public Sector Accounting Standards     Abdulwasiu Bolaji Adeyi     Abubakar Olusola Saraki     Seed Technologies     Inside Kwara     Joseph Bamigboye     Eleyele     David Adesina     Oba-Solagberu     Economic And Financial Crimes Commission     Halimah Perogi     Abdullahi G. Mohammad     Kayode Alabi     Chief Imam Of Lafiagi     Oluwarotimi Boluwatife Adenike     Jumoke F. Ajao     Seni Saraki     Oniwa     Communication Network Support Services     Oyawoye     Abdulrazaq Akorede     Centre For Digital Economy     Gurei     SARS     Ahmad Lawan     Aliyu Salihu     Nagode     Chief Imam Of Omu-Aran