COVER
Subsidy Removal: NLC Shuns FG Meeting Over Planned Strike
By Mathew Dadiya, Abuja
The Nigerian Labour Congress (NLC), yesterday refused to honour a meeting convened by the Federal Government as representatives of the Trade Union Congress (TUC) met with FG officials at the Presidential Villa, Abuja on the controversy surrounding the recent removal of fuel subsidy by the Bola Tinubu-led administration.
The meeting, which kicked off about 5pm yesterday, was at the instance of the Federal Government, to be discuss fallouts from the removal of fuel subsidy.
The NLC insisted that the Federal Government must reverse the price of the Petroleum Motor Spirit (PMs) to the old rate before they will honour any invitation for further discussion.
At yesterday’s meeting, the Federal Government and the Trade Union Congress (TUC) failed to resolve the lingering issue on subsidy removal as it was adjourned to Tuesday for the two parties to consider different demands made.
This was as the government said that a lot of demands made by the organised labour in respect of the subsidy removal are not impracticable.
The TUC, at the meeting has demanded a review of the minimum wage to reflect the economic realities of the time and the government promised to set up a tripartite committee to that effect.
Briefing State House correspondents at the end of the meeting that was held at the Conference Hall of the Chief of Staff to the President at the presidential villa, Abuja, the leader of the government delegation, Dele Alake said that the meeting went smoothly with some demands made from both parties.
Though he said that some of the demands of the TUC, were not impracticable, the demands would be presented to President Bola Tinubu.
He said the two parties agreed to reconvene on Tuesday to consider the demands
“Well, as you all know, we had this reconvened meeting today as we promised you few days ago when we had the initial meeting with the Labour movement.
“”We said we were going to reconvened today to keep the engagement on in order to diffuse the tension in the land as a result of the withdrawal of subsidy, which is a reality.
“Now, we are very happy to announce to Nigerians that this engagement has been very productive. The TUC that attended today’s meeting presented a list of demands and those demands we have studied and we are going to present to Mr President, for his consideration.
“But those demands we can announce to Nigerians that a lot of the items on the list, are not impracticable. What we need to do is to study the numbers very well. Then, we have asked the TUC to also give us a leeway to consult very exhaustively and reconvene on Tuesday to actually look at the numbers, viability, practicability of all the items that have been presented to us.
“Now, most important and top priority on the list which the government is also looking at very seriously and the president has announced before, is the issue of the minimum wage which the Labour movement has demanded is the consequential impact of this removal of subsidy.
“So, government is to look at that and Mr President is most likely going to constitute a tripartite committee that is a committee of federal government, including the state and then the organised Labour and the private sector.
“Now, this is a tripartite arrangement, it will be a committee that will study all the dynamics of a wage increase in percentages, the numbers and the categories that will be affected.
“So, by Tuesday when we come back to reconvene, to meet with the TUC again, we should have very concrete items to present to the world. But the most important thing for today is that we are making appreciable progress with the Labour,” Alake said.
On the other demands beyond the minimum wage, he said, “It is a list but we are not going to be listing all of them now. The most important is the minimum wage, that is increase of minimum wage. Because, when this thing is removed, the argument of Labour is that there is an immediate impact on the workers, on the purchasing power because price of fuel has gone up.
“So, that will necessarily reduce the purchasing power of the average worker. So, the next thing of immediate consequence is to increase the purchasing power of the worker. So that to me and to all of us on this side is the top most priority on the list.
“There are other things like the tax holidays which some categories of workers will be beneficiaries. But the most important is the minimum wage,” he said.
Asked if the government team is negotiating separately with the NLC, he said, “No we are not but we are making efforts to reach NLC. We all agreed that we are going to meet here but again, in this game there are dynamics, sometime they could be meeting with their own executive and not able to meet with us, or they could want to postpone or they have not actually articulated their list of demands as the TUC.
“”But we cannot second guess why they are not here. But efforts are being made to reach them, we are not isolating them at all,” he added.
Further asked how soon the committee will be set up, he said, “Very very soon. We are going to meet Mr President now and we are going to give him a feedback on this and he is going to take an immediate decision.
“And like I said, Mr President himself, you all reported him, he has said that there will be a review of the minimum wage, you are reported it.
“So, we are not in disagreement with labour at all on that on that particular issue.”
On whether the allegation made by one of the President’s spokesman, Bayo Onanuga accusing the NLC of pandering to the wishes of Peter Obi, was discussed at the meeting, Alake said, “No not at all. It has no relevance to the discussion on the concrete terms of the welfare of the workers. Our discussion was majorly on the welfare of workers, how to cushion the impact of this subsidy removal on workers that’s all. Not on any political partisanship.”
Further asked who is leading the government team in this negotiation, he simply said, “Of course you can see all of us here, you can see the GCEO of NNPC, you can see some of us who have been mandated by the president. And don’t forget that a presidential system of government is executive in capacity.
“The president can appoint anybody, he can even appoint consultants to act on his behalf, so there is no issue about that. It is not actually germane.”
While fielding question on whether the government team was able to convince labour to shelve the proposed strike, he said, “Of course we discussed that, and that is why we are still going to reconvene on Tuesday and that is appreciable progress.”
Also on whether the labour’s demand that the government should revert to the old pump price of the Premium Motor Spirit, PMS, he said, “Of course we did. We touched on that, everybody looked at the practicability of that, the viability and otherwise. Now, the issue is that we will close all of those ones on Tuesday when we reconvene. Concrete decisions will be taken about that and then we will reach logical conclusions.”
Also speaking, the President of TUC, Festus Osifo said that among the demands presented to government was the issue of review of the minimum wage.
“Government told us the reason why they did what they did but we did not agree with them, they presented some of the things they considered as palliatives, those are the things they presented to us that we should consider them in the meeting, but we told them no, that we cannot consider them in that meeting, they we are going back to call our respective organs.
“So we went back, we called the NEC of Trade Union Congress of Nigeria on Friday and during the meeting, the NEC of TUC decided that because we have already told government as at Wednesday that we are taking their demands back, we want to go and look at them because they asked us what was our demand, we said we didn’t have the mandate as at then.
“We went back, we called our meeting on Friday, we had extensive deliberations and our NEC now mandated us with some lists of demands to come and meet with the government today.
“The meeting we have just concluded, we have detailed and marshalled out the list of our demands to them. They also in turn told us that when they presented the items to us on.”
“They also in turn told us that when they presented the items to us on Wednesday we told them that we were going back to our principals, so they also need to touch base with Mr President so that we’ll reconvene this meeting again on Tuesday.
“Topmost in our demands was clearly stated, that for utmost good faith and in the interest of social dialogue, that they should revert to back the pump price while discussions continues”
On why NLC was not at the meeting, Osifo said, “Because when you call an organ meeting and organ takes a life of its own, the decision of your organ is what you are expected to implement. All of us here today are agents of NEC of TUC, the NEC of TUC took a decision and that decision is what we’re trying to push through,” he said.
Asked whether TUC was satisfied with discussion so far reached, he said, “Yes, we have presented the list of our demands to them and they received it in good faith that they will go back to their principal and come back to us on Tuesday. So we’re hopeful that the demands that we have presented will be reviewed in the best interest of Nigerian workers and the entire Nigerian masses”.
“The demands are so long, they are so many, part of it is the demand for a (review) of the minimum wage and we stated that for us, quite apt that the minimum today is not a living wage, as we all know. The value of the minimum wage since it was negotiated, has plummeted to a very abysmal level, as it is today.
“Because they are going back to Mr President, we also think that we should also give them that benefit of doubt because the things we presented to them the last time, they did not also reveal it before the press so it is also quite apt for them to go back, maybe when we meet on Tuesday, we can dissect them one after the other and be much more specific,” he further said.
Nationwide Blackout Looms as Electricity Workers Join NLC’s Planned Strike
Electricity workers, under the aegis of the National Union of Electricity Employees (NUEE), said they will join the Nigeria Labour Congress (NLC) in its planned strike over the removal of petrol subsidy.
On Friday, the Nigeria Labour Congress (NLC) issued a five-day ultimatum to the Federal Government to revert to the old price of petrol or face a nationwide protest.
NLC President, Joe Ajaero, said the Federal Government had until Wednesday to revert to the old price of N185.
Ajaero said the congress would mobilise its members across the country for a strike and mass protest.
Journalists have also promised to join the industrial action.
The NUEE, in a notice signed by Acting General Secretary, Dominic Igwebike, urged its members to comply with the directive and stop work from the early hours of Wednesday.
“Sequel to the Nigeria Labour Congress (NLC) Emergency National Executive Council (NEC) meeting held on June 2, 2023 at the Labour house Abuja, over the sudden removal of fuel subsidy which has brought untold hardship to Nigerians as well as increased inflation in the economy, the NLC has directed that the nationwide withdrawal of Services action will commence on Wednesday, June 7, 2023.
“To this effect, all National, State and Chapter executives are requested to start the mobilisation of our members in total compliance with this directive.
“Please note that withdrawal of Services nationwide commences from 0.00 hours of Wednesday, June 7, 2023,” the memo read.
Following the union’s decision, Nigeria may witness another round of blackouts beginning on Wednesday.
Cracks in NLC as North, South-west Chapters Shun Planned Strike
The planned industrial action scheduled for Wednesday by the Nigeria Labour Congress (NLC) has experienced a setback as the union appears divided with the South-west and northern states’ chapters pulling out of the proposed action.
This is as one of the spokespersons of the All Progressives Congress (APC), Bayo Onanuga, has accused the President of NLC, Joe Ajaero, of working for the Labour Party (LP) and attempting to destabilise the newly inaugurated government with the planned strike.
It was gathered last night that following the alleged politicisation of the planned action that was scheduled in protest against the removal of petrol subsidy, the South-west and northern states’ chapters have resolved to back out of the plan.
However, to make the strike effective, NLC has written all its 43 affiliate unions to mobilise for the scheduled industrial action.
However, the presidential candidate of the Peoples Democratic Party (PDP) in the 2023 general election and former Vice President, Atiku Abubakar, has weighed in on the controversy over the removal of subsidy by President Bola Tinubu, saying his party had initiated the removal but would have provided palliatives.
Atiku, who referred to Tinubu’s administration as a “temporary government,” expressed confidence that he would reclaim his “stolen mandate” at the court.
The planned strike by the NLC is in reaction to the removal of the petrol subsidy, which led to a hike in the pump price of petrol. Some of the affiliates of the NLC include the Academic Staff Union of Universities (ASUU), Academic Staff Union of Polytechnics (ASUP), Nigeria Union of Teachers (NUT), Judicial Staff Union of Nigeria (JUSUN), National Association of Nigeria Nurses and Midwives (NANNM), among others.
In a letter written to the affiliates, which was signed by the NLC General Secretary, Emmanuel Ugboaja, the Congress said: “We bring you greetings from the leadership of the Nigeria Labour Congress. You will recall that arising from the National Executive Council meeting held on June 2, 2023, it was decided that Congress will embark on a nationwide action and withdrawal of services, against the fraudulent increase in the prices of fuel across the thirty-six states of the Federal Republic of Nigeria and the FCT.
“Please be informed that the nationwide action will commence on Wednesday, June 7, 2023. To this effect, all national leaders are expected to mobilise their members for the action and ensure full compliance with the directives as services in both the public and private sectors are expected to be fully withdrawn by Wednesday, June 7, 2023. All Presidents and General Secretaries are expected to help ensure the implementation of the decisions of the National Executive Council,” the NLC explained.
During his inaugural speech at the Eagle Square in Abuja, the President, Bola Tinubu declared that the era of subsidy payment on fuel has ended.
Tinubu had also disclosed that the 2023 budget did not make provision for fuel subsidy as such, further payment is no longer justifiable.
“The fuel subsidy is gone,” Tinubu had declared, adding that his government would instead channel funds into infrastructure and other areas to strengthen the economy.
The presidential pronouncement led to an instant return of fuel queues across the country, with Nigerians lamenting the sharp increase in the price of petrol at the various filling stations.
This development led to the resistance of the organised labour to what the workers described as Tinubu’s unilateral action.
To cushion the attendant hardship, President Tinubu later promised to review the minimum wage to align with the current economic realities of the country.
According to him, the federal and state governments need to take a look at the minimum wage together and also strengthen the source and application of the country’s revenue.
He made this known on Friday while meeting with the members of the Progressive Governors Forum (PGF), who declared support for him on the removal of subsidy.
APC Accuses Union of Working for Labour Party
In his reaction to the threat by the labour unions, one of the spokespersons the APC, Onanuga, has accused the President of NLC, Ajaero, of attempting to destabilise the newly inaugurated government with the planned strike.
Onanuga, who posted a statement on Twitter yesterday, said Ajaero was privy to the fact that the government was going to remove the subsidy and accused him of playing politics with the decision. He asked Nigerians to ignore Ajaero’s call for a strike.
“The politically-tainted NLC, TUC, and NLC President, Joe Ajaero have asked workers to go on strike next Wednesday over the removal of petrol subsidy, despite being privy to the distressing financial figures, which justified why subsidy ought to have been scrapped a long time ago.
“My advice to the perceptive workers and the Nigerian populace is simply to ignore Ajaero and his ilk. He is playing politics and is actually acting the script of the opposition Labour Party, out to destabilise the young Tinubu’s administration.
“Besides, one wonders whose interest Ajaero is championing, when he did not oppose the position of his Labour Party and presidential candidate, who campaigned with the promise to scrap subsidy from Day One if elected. NLC and TUC leaders knew since last November that the subsidy will be scrapped from July 1 as no provision has been made in the budget for it, beyond this date.
“The federal government, which already commits 96 per cent of its revenue in servicing debt, is not in any position to continue selling subsidised fuel, most of which is smuggled across our borders for criminal and obscenely unpatriotic profit.
“Subsidy of fuel is no longer unsustainable as the federal government is virtually broke. Apart from its N77 trillion debt, it also owes NNPC Limited about N2.4 trillion for past subsidies. The Nigerian people and workers should support the government as it works out new wages and rolls out other interventions, as promised by President Tinubu, to mitigate the effects of the new fuel price.
“Let’s not make ourselves pawns in the hands of the politically biased and tainted NLC and TUC. Ajaero is no longer a labour leader. He is a politician and leader of the Labour Party. He is no more representing all the Nigerian workers,” Onanuga said in a statement posted on Twitter.
By Mike Odiakose, Abuja
Immediate past governor of Kogi State, Yahaya Bello will spend the 2024 Christmas and 2025 New Year days in Kuje prison, Abuja, following refusal of his bail application by the Federal Capital Territory High Court.
Justice Maryann Anenih yesterday adjourned the case until Jan.
29, Feb. 25, and Feb. 27, 2025 for the continuation of the hearing.The former governor is standing trial, along with two others, in an N110 billion money laundering charge brought against him by the Economic and Financial Crimes Commission (EFCC).
Justice Anenih had refused to grant a bail application filed by Bello, saying it was filed prematurely.
The judge admitted Umar Oricha and Abdulsalam Hudu, to bail in the sum of N 300 million each with two sureties.
Justice Anenih, while delivering a ruling said, having been filed when Bello was neither in custody nor before the court, the instant application was incompetent.
“Consequently, the instant application having been filed prematurely is hereby refused,” she said.
Recalling the arguments before the court on the bail application, the judge had said, “before the court is a motion on notice, dated and filed on Nov. 22.
“The 1st Defendant seeks an order of this honourable court admitting him to bail pending the hearing and determination of the charge.
“That he became aware of the instant charge through the public summons. That he is a two-term governor of Kogi State. That if released on bail, he would not interfere with the witnesses and not jump bail.”
She said the Defendant’s Counsel, JB Daudu, SAN, had told the court that he had submitted sufficient facts to grant the bail.
He urged the court to exercise its discretion judicially and judiciously to grant the bail.
Opposing the bail application, the Prosecution Counsel, Kemi Pinheiro, SAN, argued that the instant application was grossly incompetent, having been filed before arraignment.
He said it ought to be filed after arraignment but the 1st Defendant’s Counsel disagreed, saying there was no authority
“That says that an application can only be filed when it is ripe for hearing.”
Justice Anenih held that the instant application for bail showed that it was filed several days after the 1st defendant was taken into custody.”
Citing the ACJA, the judge said the provision provided that an application for bail could be made when a defendant had been arrested, detained, arraigned or brought before the court.
Bello had filed an application for his bail on November 22 but was taken into custody on November 26 and arraigned on Nov. 27.
From Jude Dangwam, Jos
Conference of Autochthonous Ethnic Nationalities Community Development Association (CONAECDA) has called on the federal government to intensify efforts in the resettlement of displaced persons in their ancestral homes.
The organization made this call at the end of its conference held in Jos, the Plateau State Capital weekend.
Thirty resolutions were passed covering security, economy, politics, governance, culture, languages, human rights and indigenous peoples’ rights among others.
The Conference President, Samuel Achie and Secretary Suleman Sukukum in a communique noted that the conference received and discussed reports from communities based on which resolutions were reached on securing, reconstruction, rehabilitation and returning communities displaced by violence across the Middle Belt.
“After considering the reports from communities displaced by violent conflicts, conference resolved, and called on government to focus on providing security to deter further displacements.
“Call on government to provide security to enable communities to return. Government and donor partners should assist in reconstructing and returning displaced communities,” the communique stated.
The GOC 3 Armoured Division Nigeria Army represented by Lt Col Abdullahi Mohammed said the Nigerian Army is committed to working closely with communities to achieve a crime-free society, urging communities to support them with credible information.
“Security is a collective effort, and we cannot do it alone, the community plays a crucial role in ensuring safety.
“We urge everyone here not to shield or protect individuals involved in criminal activities. Transparency and collaboration, together, with maximum cooperation, we can achieve peace, security, and prosperity for our society,” the GOC stated.
The National Coordinator of CONECDA, Dr. Zuwaghu Bonat in his address at the gathering noted that the theme of this year’s program, Returning, Resettling, and Rehabilitating Displaced Communities, was chosen as a wakeup call on the federal government.
He maintained that the organization is aware that President Bola Tinubu has expressed a commitment to ensuring that displaced communities return to their ancestral lands.
He said similarly, some state governments, including Plateau State, have set up committees to address the lingering matter.
The coordinator however cautioned, “It is critical that we avoid generalizations or profiling. For instance, Not all Muslims are involved in terrorism. The overwhelming majority of Muslims in Nigeria are peaceful and reject extremist ideologies.
“We also know that some terrorists exploit religion to mobilize support or rationalize their actions. However, their atrocities – slaughtering women, cutting open pregnant mothers, and killing children show a profound disregard for humanity and God. Normal human beings would not commit such acts.
“We must also be cautious about lumping banditry with terrorism. While statistics indicate that many bandits and kidnappers may share similar ethnic backgrounds, kidnapping has now evolved into a profit-driven enterprise. This distinction is vital to address the root causes effectively,” he stated.
The Governor of Plateau State, Caleb Mutfwang represented by his Senior Special Assistant (SSA) on Middle Belt Nationalities, Hon Daniel Kwada noted that the conference was apt to addressed the various underlying issues bedeviling the region and its people.
“We in the Middle Belt have long been standing at the crossroads of Nigeria’s complex history. Despite our tireless efforts to stabilize this nation, we have faced immense challenges, including underdevelopment, security issues, and marginalization.
“Often, we are unfairly maligned, but gatherings like this offer a chance to change the narrative.
“Such conferences set the tone for better discussions. They allow us to drive processes that bring development, ensure security, and elevate our people to greater heights,” Mutfwang noted.
Securities and Exchange Commission (SEC) has called on banks to reinforce their corporate governance principles and risk management frameworks to boost investor confidence during the ongoing recapitalisation exercise.
Dr Emomotimi Agama, Director-General, SEC, said this at the yearly workshop of the Capital Market Correspondents Association of Nigeria (CAMCAN) held in Lagos.
The theme of the workshop is: “Recapitalisation: Bridging the Gap between Investors and Issuers in the Nigerian Capital Market”.
Agama, represented by the Divisional Head of Legal and Enforcement at the SEC, Mr John Achile, stated that the 2024–2026 banking sector recapitalisation framework offers clear guidance for issuers while prioritising the protection of investors’ interests
He restated the commission’s commitment towards ensuring transparency and efficiency in the recapitalisation process.
The director-general stated that the key to bridging the gap between issuers and investors remained the harnessing of innovation for inclusive growth.
In view of this, Agama said, “SEC, through the aid of digital platform, is exploring the integration of blockchain technology for secure and transparent transaction processing to redefine trust in the market.”
He added that the oversubscription of most recapitalisation offers in 2024 reflects strong investor confidence.
To sustain this momentum, the director-general said that SEC had intensified efforts to enhance disclosure standards and corporate governance practices.
According to him, expanding financial literacy campaigns and collaborating with fintech companies to provide low-entry investment options will democratise access to the capital market.
He assured stakeholders of the commission’s steadfastness in achieving its mission of creating an enabling environment for seamless and transparent capital formation.
“Our efforts are anchored on providing issuers with clear guidelines and maintaining open lines of communication with all market stakeholders, reducing bureaucratic bottlenecks through digitalisation.
“We also ensure timely review and approval of applications, and enhancing regulatory oversight to protect investors while promoting market integrity,” he added.
Agama listed constraints to the exercise to include: addressing market volatility, systemic risks, limited retail participation as well as combating skepticism among investors who demand greater transparency and accountability.
He said: “We are equally presented with opportunities which include leveraging technology to deepen financial inclusion and enhance market liquidity.
“It also involves developing innovative financial products, such as green bonds and sukuk, to attract diverse investor segments.
“The success of recapitalisation efforts depends on collaboration among regulators, issuers, and investors.”
Speaking on market infrastructure at the panel session, Achile said SEC provides oversight to every operations in the market, ranging from technology innovations to market.
He stated that the commission is committed to transparency and being mindful of the benefits and risks associated with technology adoption.
Achile noted that SEC does due diligence to all the innovative ideas that comes into the market to ensure adequate compliance with the requirements.
On the rising unclaimed dividend figure, Achile blamed the inability of investors to comply with regulatory requirements and information gap.
He noted that SEC had done everything within its powers to ensure that investors receive their dividend at the appropriate time.
He, however, assured that the commission would continue to strengthen its dual role of market regulation and investor protection to boost confidence in the market.
In her welcome address, the Chairman of CAMCAN, Mrs Chinyere Joel-Nwokeoma, said banks’ recapitalisation is not just a regulatory requirement, but an opportunity to rebuild trust, strengthen the capital market, and drive sustainable growth.
Joel-Nwokeoma stated that the recent recapitalisation in the banking sector had brought to the fore the need for a more robust and inclusive capital market.
She added that as banks seek to strengthen their balance sheets and improve their capital adequacy ratios, it is imperative to create an environment that fosters trust, transparency, and cooperation between investors and issuers.
The chairman called for collaboration to bridge the gap between investors and issuers to create a more inclusive and vibrant Nigerian capital market.She said: “we must work together to strengthen corporate governance and risk management practices in banks, enhance disclosure and transparency requirements for issuers.” NAN
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