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Subsidy Removal: FG, Labour fix eight weeks for conclusion of talks

Federal Government representatives and the leadership of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), on Monday, resumed talks on steps to mitigate the effects of the removal of fuel subsidy by the President Bola Tinubu administration.


Briefing State House correspondents after the meeting, the government and the Organised Labour said they have agreed to set up a steering committee that would receive reports from other sub- committees within eight weeks.

The Organised Labour had on June 5 suspended its planned nationwide strike over the removal of subsidy following the agreement reached with the Federal government.


Present at the meeting are the delegation of the Nigeria LabourCongress (NLC), led by its President, Joe Ajaero; a delegation of the Trade Union Congress (TUC), led by its President, Festus Osifo; the Chief of Staff to the President, Femi Gbajabiamila; Special Adviser to the President on Revenue, Zachaeus Adedeji; the Special Adviser to the President Energy, Olu Verheijen, and the Permanent Secretary, Ministry of Labour and Employment, Kachallom Daju.


Others are the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari; the Chief Executive Officer of Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, the Chief Executive Officer of Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed; among others


Among agreements reached on June 5, was the establishment of a joint committee to review the proposal for any wage increase or award and establish a framework and timeline for implementation.


The Federal Government, the TUC and the NLC were also to review the World Bank Financed Cash transfer scheme and propose inclusion of low-income earners in the program as well as revive the Compressed Natural Gas conversion programme earlier agreed with Labor centres in 2021.


(Channels TV)


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