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.
Aliyu Muyideen IEDPU General Hospital, Offa Towobola Abdulrahman Toyin Valsolar Saka Balikis Kehinde Oke-opin Tunji Folami Rashidi Yekini Musbau A. Akanji Bankole Omisore Mufutau Olatinwo Amos Sayo Kwarareports.com Yakubu Dogara Kunle Okeowo Femi Oladiji School Of Nursing Council Of The Wise Oke-Kura Lai Mohammed Damilola Yusuf Razaq Ayobami Akanbi Funmilayo Mohammed Illyasu Abdullahi Benin Republic Isiaka Oniwa Nagode Ileloke Olayinka Olaogun Lithium Deposit Mahee Abdulkadir Oke-Ode Bello John Olanrewaju Ibrahim Jawondo Sodiya Folajimi Aleshinloye Saliu Mustapha MalHub Saidu Isa Abiodun Jacob Ajiboye Bello Abubakar Toyin Abdullahi Ibrahim Abdullahi Aliyu Muhammed Ministry Of Women Affairs And Social Development Isiaka Abdulrazak Kwara State Fish Farmers Association Www.Kwarareports.com Saka Isau Shehu Alimi Foundation New Naira Notes Soffiyyallah Kamaldeen Amos Bajeh Folashade Omoniyi Ahmed Bolaji Nagode Kunle Suleiman Ayo Salami KSIRS Zara Umar Ahman Pategi University Ilesha Gwanara Road AbdulRahman Saad Esinrogunjo Kwara Apc Facebook Ojuekun Sarumi Amoyo Inside Kwara Abdulsalam Firdaous Amosa Ilorin Amusement Park Abubakar Suleiman Volunteers Of Ilorin Community And The Emirate Wale Oladepo Khadijat Ayoola Yusuf Innocent Okoye Baboko

