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President of the Nigeria Labour Congress (NLC), Ayuba Wabba, has called for judicious implementation of the Federal Government Economic Recovery and Growth Plan. Wabba made the call yesterday at the commemoration of 2017 Workers Day held at Eagle Square, Abuja. He said, though the economic plan was laudable, but it needed clear articulation of sectoral priorities and projects that would create jobs and eradicate poverty. Wabba expressed concern over de-industrialisation of the economy, due to inadequate power supply, high cost of credit, inadequate foreign exchange supply and depreciating value of the naira. “This trend needs to be reversed with a focus on key areas of the economy such as automobile, textile, petrochemical, agro allied, refineries, fertilizer and pharmaceutical industries. Other areas with great potential for growth and development include building materials, milling, paper and paper products, solid minerals, iron and steel and boat building, etc,” said Wabba. This year`s May Day rally has the theme, ‘Labour relations in economic recession: an appraisal.’ On the struggle for a new minimum wage, Wabba said the NLC and TUC had submitted a written demand for N56,000.00 new minimum wage in 2016, adding “the technical committee has recently submitted its report to government, and we call on government to constitute the tripartite minimum wage negotiating committee with a time lag, to submit a new minimum wage for the Nigerian workers.”
President of the Nigeria Labour Congress (NLC), Ayuba Wabba, has called for judicious implementation of the Federal Government Economic Recovery and Growth Plan. Wabba made the call yesterday at the commemoration of 2017 Workers Day held at Eagle Square, Abuja. He said, though the economic plan was laudable, but it needed clear articulation of sectoral priorities and projects that would create jobs and eradicate poverty. Wabba expressed concern over de-industrialisation of the economy, due to inadequate power supply, high cost of credit, inadequate foreign exchange supply and depreciating value of the naira. “This trend needs to be reversed with a focus on key areas of the economy such as automobile, textile, petrochemical, agro allied, refineries, fertilizer and pharmaceutical industries. Other areas with great potential for growth and development include building materials, milling, paper and paper products, solid minerals, iron and steel and boat building, etc,” said Wabba. This year`s May Day rally has the theme, ‘Labour relations in economic recession: an appraisal.’ On the struggle for a new minimum wage, Wabba said the NLC and TUC had submitted a written demand for N56,000.00 new minimum wage in 2016, adding “the technical committee has recently submitted its report to government, and we call on government to constitute the tripartite minimum wage negotiating committee with a time lag, to submit a new minimum wage for the Nigerian workers.”
President of the Nigeria Labour Congress (NLC), Ayuba Wabba, has called for judicious implementation of the 
Federal Government Economic Recovery and Growth Plan. Wabba made the call yesterday at the commemoration of 2017 Workers Day held at Eagle Square, Abuja. He said, though the economic plan was laudable, but it needed clear articulation of sectoral priorities and projects that would create jobs and eradicate poverty. Wabba expressed concern over de-industrialisation of the economy, due to inadequate power supply, high cost of credit, inadequate foreign exchange supply and depreciating value of the naira. “This trend needs to be reversed with a focus on key areas of the economy such as automobile, textile, petrochemical, agro allied, refineries, fertilizer and pharmaceutical industries. Other areas with great potential for growth and development include building materials, milling, paper and paper products, solid minerals, iron and steel and boat building, etc,” said Wabba. This year`s May Day rally has the theme, ‘Labour relations in economic recession: an appraisal.’ On the struggle for a new minimum wage, Wabba said the NLC and TUC had submitted a written demand for N56,000.00 new minimum wage in 2016, adding “the technical committee has recently submitted its report to government, and we call on government to constitute the tripartite minimum wage negotiating committee with a time lag, to submit a new minimum wage for the Nigerian workers.”
