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FG, Labour Talks Over Petrol Subsidy and Increase in Electricity Tariffs Ends in Deadlock

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The talks between the Federal Government and the Organized Labour over the removal of petrol subsidy and the increase in electricity tariffs, reportedly ended in a deadlock on Monday.

The talks between the Federal Government and the Nigeria Labour Congress over the removal of petrol subsidy and the increase in electricity tariffs, reportedly ended in a deadlock on Monday.

The Minister of State for Petroleum Resources, Timipre Sylva, urged the labour to show more understanding with the government over its policies.

According to Sylva, Nigeria lost about N1billion daily between 2016 and 2019, as a result of fuel subsidy and N3.74billion daily before 2016.

However, The President of the Nigeria Labour Congress (NLC), Ayuba Wabba, argued that the recent hike in the cost of fuel and electricity tariffs further aggravated the economic hardship faced by Nigerians.

Wabba said that workers who have lost their jobs and source of income due to COVID-19, are being forced to make further sacrifices.

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“The issues that constitute the price are part of the inefficiency in the system which the government hitherto has been paying and christened subsidy, Nigeria should refine its products.

“At this point, there is nothing on the table to reduce the effects on workers and their families because they have been pushed to the wall and are already at the edge,” he said.

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Labour Force

Kogi Governor Approves Implementation of N30,000 Minimum Wage for workers

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Kogi Governor Approves Implementation of N30,000 Minimum Wage for workers

Kogi state governor, Yahaya Bello, has approved the implementation of N30,000 as minimum wage for the workers in the state.

 

The secretary to the state government, Folashade Ayoade disclosed this on Tuesday after an extensive meeting with the organized labour in Lokoja

 

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She blamed the delay in the implementation on the inability for the committee to meet regularly due to the covid-19 pandemic which has been overcome.

 

The SSG equally commended the organised labour for their understanding and patience, which she said has resulted into the signing of the implementation of the new minimum wage.

Read Also: FCTA Set to Implement Minimum Wage for FCT Workers

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Labour Force

No Petrol Price Hike in June, Says FG

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No Petrol Price Hike in June, Says FG

The Federal Government on Friday said it would not increase petrol price in June despite the recommendation by the Nigeria Governors Forum that the cost of the commodity is increased.

A committee set up by the Nigeria Governor’s Forum had on Wednesday recommended a petrol price of between N408.5/litre and N380/litre, and also called for immediate removal of petrol subsidy.

However, in a statement issued and signed by the Minister of State for Petroleum Resources, Chief Timipre Sylva, in Abuja on Friday, the government ruled out the possibility of a hike in petrol price any time soon.

The minister guaranteed Nigerians that the cost of the commodity would remain the same at between N162/litre and N165/litre.

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Sylva said, “Once again it has become necessary to assure Nigerians that despite the huge burden of under-recovery, the Federal Government is not in a hurry to increase the price of Premium Motor Spirit (petrol) to reflect current market realities.

“The current price of petrol will be retained in the month of June until the ongoing engagement with organised labour is concluded.”

“This clarification becomes necessary in the light of recent reports regarding the resolution of the Nigeria Governors Forum to increase the pump price of petrol.” He added.

The minister stated that he would like to strongly urge petroleum products marketers, not to engage in any activity that could jeopardise the supply and distribution system in place.

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Labour Force

NIMC Calls for Reduced Public Panic

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SIM CARDS NIMC

The National Identity Management Commission (NIMC) on Thursday said that there is no cause for panic regarding the two weeks deadline for deactivation of subscribers identity module (sim) cards that are not linked with users’ national identity number (NIN).

The Commission explained that adequate arrangements have been made to capture the data of 200 million Nigerians within the next five years.

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It added that the steps taken so far to ensure that all subscribers have NIN in their sim cards are meant to address the security challenges facing the country.

The Commission also said the telecommunications operators would be involved in the exercise.

The Spokesman of NIMC,  Kayode Adegoke said that government has approved licensing of over 200 institutions to carry out “enrolment of Nigerians and legal residents into the national identity database on behalf of the national identity management commission.”

Adegoke said the initiative was aimed at addressing the bottlenecks associated with the capturing of citizens data by NIMC.

He added that the method would increase the enrolment centres from the current 1,000 to 10,000 across the country.

He said the NIMC is desirous of scaling up its assignment to regulatory functions after the completion of the exercise.

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