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.
GRA Nigerian Army HAMFAT Clinic And Maternity Yoonus Kola Olatinwo Mahmud Ajeigbe Convocation Ceremonies Oyedun Juliana Funke Monthly Sanitation Exercise CELF Maryam A. Garuba Christopher Tunji Ayeni Voices Of Tomorrow Sa\'adu Salahu Taofeek Sanusi Kwara State Fire Service Hassan Saliu Ayo Adeyemi Durbar Marufat Oladosu Samuel Adedoyin PPS Adesina Simon Sodiya Abdulkareem Alabi Iyabo Adewuyi Kayode Zubair Kuliyan Geri Abdullateef Abdussalam Majlis For Sadaqah, Zakat And Waqf Niguel Gallando Marcias Assayomo Kayode Laro Binta Sulyman Firdaos Amasa IHS Towers Toun Okewale-Sonaiya Abdulhakeem Adelaja Amao Isiaq Khadeejah Ogidi-Oloje NYSC Ilorin.Info Balogun Fulani Garba Ayodele Wahab Adamu Attah Yusuf Ibitokun Sherifat Yunus Oniboki National Union Of Road Transport Workers S.O. Opowoye Muhammadu Buhari Muhammed Taofeeq Abdulrazaq Buari Edun Okin Malt Shehu Raheem Adaramaja Kazeem Adekanye Olupako Of Share Umar Ayinla Saro Ahmed Bolaji Nagode Shaaba Lafiagi Oniyangi Abdulhakeem Amao Abdulrahman Abdulrasaq Elerin Of Adanla Irese Florence Saraki Apaokagi Soffiyyallah Kamaldeen Toyin Abdullahi Alabi Lawal Centre For Peace And Strategic Studies Gambari Mohammed Alabi Lawal REO CAKES Asiwaju Bola Tinubu Okanlawon Taiwo Monsurat Omotosho Taiwo Joseph SUBEB Omupo Kwara State Coalition Of Business And Professional Associations

