National Economy
Sunday, June 8, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Business

Organised Labour Wants FG To Lead Negotiations On Subsidy Palliatives

by Olushola Bello
2 years ago
in Business, News
Reading Time: 2 mins read
Palliatives
Share on FacebookShare on TwitterShare on Telegram

You May Like

PENGASSAN Secures 300% Wage Increase For Oil And Gas Workers

1,500 Bureau De Change To Shut As Recapitalisation Deadline Elapses

Organised labour groups have called on the federal government to lead negotiations on the petroleum subsidy removal to cushion its effects on workers and other Nigerians.
This was disclosed in a meeting by the National President of NLC, Joe Ajaero, and the senate leadership led by the President of the Senate Godswill Akpabio.
The Labour boss noted that the Wage Review Committee was yet to sit two months after the removal of the subsidy.
Organised Labour said it feels the committee put in place lacks the capacity to continue with negotiations compared to previous administrations, Ajaero noted:
“Part of our challenge is the issue of the committee put in place. The committee seems not to be capable. As labour, we have done negotiations with previous administrations.
“At no time had the Chief of Staff to the President, who is very busy, called to negotiate or lead negotiations and that has delayed the issues.
“Even since our protest, another meeting has not reconvened, although the President promised that he will restructure the mechanism of engagement with the government for issues to be treated fast.
“We had also agreed on wage award, and up till this moment, the committee on wage award is yet to sit.”
The NLC president noted that most Nigerians are suffering as a result of the removal of fuel subsidy without putting certain things on the ground to ameliorate the effects on the masses.
He noted that Organised Labour leaders are still deliberating on N537 per litre of fuel and the court had ruled for the status quo to remain, but the government decided to increase the fuel to N620 per litre, adding that  the 800 million U.S. dollars loan being sought by the federal government, should not use the same template of disbursement by the previous government.
He said, “Nothing is yet to happen on the issue of 800 million projected to be borrowed, we have not perfected the list of the people who will benefit from it.
“We should not follow the record that was used in 2019 because we have our doubts about that record and no indices have been put forward to dictate those that are termed poor.
“But be rest assured that effect of fuel subsidy removal being felt by workers and in fact, Nigerians would be ameliorated very soon by the federal government.”
ShareTweetShare
Previous Post

State Governments Attempting To Overregulate Sector-MAN

Next Post

West Africa Sees Slower Economic Growth In 2023

ANOTHER GOOD READ

PENGASSAN Secures 300% Wage Increase For Oil And Gas Workers
News

PENGASSAN Secures 300% Wage Increase For Oil And Gas Workers

5 days ago
1,500 Bureau De Change To Shut As Recapitalisation Deadline Elapses
News

1,500 Bureau De Change To Shut As Recapitalisation Deadline Elapses

5 days ago
FIRS Engages Oil, Gas Stakeholders On E-invoicing Ahead Of July Launch
News

FIRS Entering New Era Of Excellence, Trust — Adedeji

5 days ago
Mouka Rewards Top Business Partners With Trip To Cape Town
Business

Mouka Rewards Top Business Partners With Trip To Cape Town

6 days ago
Union Bank Hosts Math Contest For Hearing-impaired Students
Business

Union Bank Hosts Math Contest For Hearing-impaired Students

6 days ago
Blue Sands STEM Lab, Others Take Top Prize At MarkHack 4.0
Business

Blue Sands STEM Lab, Others Take Top Prize At MarkHack 4.0

6 days ago
Next Post
West Africa Sees Slower Economic Growth In 2023

West Africa Sees Slower Economic Growth In 2023

Most Recent

PENGASSAN Secures 300% Wage Increase For Oil And Gas Workers

PENGASSAN Secures 300% Wage Increase For Oil And Gas Workers

June 3, 2025
1,500 Bureau De Change To Shut As Recapitalisation Deadline Elapses

1,500 Bureau De Change To Shut As Recapitalisation Deadline Elapses

June 3, 2025
FIRS Engages Oil, Gas Stakeholders On E-invoicing Ahead Of July Launch

FIRS Entering New Era Of Excellence, Trust — Adedeji

June 3, 2025
JUST-IN: Reps Pass Tax Reform Bills

N250bn Public Expenditures Unaccounted — Reps

June 3, 2025
5 Unicorns In 9 Years, Who Does That?

5 Unicorns In 9 Years, Who Does That?

June 2, 2025
Guinness Record: Ali Seeks Gov Eno’s Support For World Title Fight

Guinness Record: Ali Seeks Gov Eno’s Support For World Title Fight

June 2, 2025
2026 World Cup Could Change Football Experience – Neymar

2026 World Cup Could Change Football Experience – Neymar

June 2, 2025
2025 National Sports Federations’ Board Elections: NSC Unveils Timeline Proposed Timelines For 2025 National Sports Federations’ Elections

2025 National Sports Federations’ Board Elections: NSC Unveils Timeline Proposed Timelines For 2025 National Sports Federations’ Elections

June 2, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy