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.
Ohoro Of Shao Sulyman Tejidini Lai Gobir Amoyo Okiki Abdulganiyu Oladosu Yusuf Lanre Badmas National Pilot Baboko Primary School Saliu Oluwole Usman Alkali Baba Ramadhan Yusuf Abdulraheem Khairat Gwadabe Javed Khan Kwara Consultative Forum Maryam Ado Bayero Ahmed Saidu Rufai Salihu Ajia CKNG Galland Marcias Mohammed Saidu Moses Rahman Popoola Femi Oladiji Ibrahim Oloriegbe Fola Consultant Bisi Oyeleke Yusuf Amuda Gobir LAK Jimoh Quarry Royal Valley Issa Memunat Moyosore Kale Kawu Razak Atunwa Abdullahi Biffo March 28 Amina El-Imam Ahmed Bolaji Nagode Halimah Perogi Taofeeq Olateju Segun Ogunsola Ophthalmological Society Of Nigeria Olabode Towoju Shao Ajayi Okasanmi Seun Bolaji Societe Generale Bank Of Nigeria Ilorin Central Mosque Oyawoye Saba Jibril Flights To Ilorin Aliyu Muyideen Ilorin Muslim Community Kwara State Coalition Of Business And Professional Associations Bello John Olanrewaju NIPR Budo Egba Lafia Aliyu Korasabi Aliyu Muhammad Saifudeen Inside Kwara Kale Ayo Lanre Issa Onilu Okin Biscuits Tescom.kwarastate.gov.ng Al-Ilory Aishat Mohammed Lawal Yusuf Olaolu Ali Ben Duntoye Ilorin Emirate Lukman Adeloyin Rabiu Kwankwaso Alore UNILORIN Alumni Mustapha Akanbi Abdulazeez Arowona Sobi FM Abdulkareem Alabi Oba-Solagberu

