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.

Jumoke F. Ajao     General Tunde Idiagbon International Airport Ilorin     Kwara State Internal Revenue Service     Moremi High School     Olayinka Are     Ahmad Fatima Bisola     John Obuh     Nagode     Hijab     Mohammed Saidu     Mohammed Lawal     Abdulganiyu AbdulAzeez     Muazam Nayaya     Minimum Wage     Twitter     Abdulganiyu Salahudeen     Mohammed Katsina Ahmed     Olupako     AbdulRazaq Jiddah     Olateju Lukman     Afonja     JAMB     Usman Alkali Baba     Abdulazeez Uthman     Moses Adekanye     New Nigeria People’s Party     Abdulraufu Mustapha     Radio Kwara     ASMAU PLAZA     Hydro-electric Power Producing Areas Development Commission     Oniwa     HAMFAT Clinic And Maternity     Oke-Ode     Federal Neuro-Psychiatric Hospital     Revenue Court     Idowu Aremu     Najim Yaasin     Ahmad Belgore     Bukola Saraki     Haleeman Salman     Babajide Ajayi     Tunde Mukaila Mustapha     Abdullahi Imam Abdullahi     Funmilayo Braithwaite     Yahaya Abdulkareem Babaita     M.Y. Abdulrahaman     Nigeria Customs Service     IPSAS     Oye Tinuoye     Alanamu     Shaykh Luqman Jimoh     Oyun     Bisi Kristien     Kwara Poly     SWAN     Hijaab     Bayo Ojo     Salami Adekunle     Agboola Abdulraheem     Rabiu Kwankwaso     Bankole Omishore     Hameed Oladipupo Ali     Shehu Jimoh     Offa Metropolitan Club     Young Progressives Party     Shehu Salau     Muhammadu Buhari     Mope Dasuki Belgore     Borgu     Garment Factory     Amosa     Ibrahim Taiwo     Saad Omo\'ya     Alabe     Oluwole Dupe     Ejidongari     Towobola Abdulrahman Toyin    

Cloud Tag: What's trending

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

Omotoso Musa     Rebecca Olanrewaju     Saka Isau     NIRSAL     Academic Staff Union Of Universities     Kwara State Internal Revenue Service     Yusuf Amuda Aluko     Col. Adedipe     COVID-19 Palliatives     Bola Shagaya     Harrison Osauwagboe     Muftau Akanbi Oke     Saheed Popoola     Aliyu Adebayo     Offa     Ganmo     Harmony Holdings     Wahab Egbewole     Tanke     Toyin Olayinka Tejidini     Ayobami Seriki     HYPPADEC     Hydroelectric Power Producing Areas Development Commission     Lola Olabayo     Saadatu Modibbo-Kawu     Aisha Buhari     Abdulmalik Bashir Mopelola Risikatullahi     Ejidongari     Olayinka Jelili Yusuf     CLAY POT     ARMTI     IsDB     Plat Technologies     Bayo Lawal     Joseph Yemi Ajayi     LAK Jimoh     Sadiq Umar     Wahab Kunle Shittu     Jumoke F. Ajao     EFCC     Alapansapa     Yoonus Lawal     Ayo Adeyemi     Abubakar Usman Jos     Oke-Ode     Memunat Monsuma     Mohammed Lawal Bagega     Titus Suberu-Ajibola     Abdulkadir Jimoh     Mashood Abdulrafiu Agboola     Suleiman Idris     Hydro-electric Power Producing Areas Development Commission     S.O. Opowoye     AbdulQowiy Olododo     Wahab Abayawo     Saka Onimago     Tunji Moronfoye     Igosun     GANZY     Hamza Usman     Lanre Issa-Onilu     Kwara State Health Insurance Agency     Alumni Association Of The Federal Polytechnic Offa     Abdulfatai Baakini     Afeyin-Olukuta     Kemi Adeosun     Ethical College     Bisi Kristien     N-Power     Clara Nwachukwu     Khadijat Ayoola Yusuf     Omu Aran     Sheriff Shagaya     Olabode Towoju     Alapado     Adama Isa     Aso-ofi