Top Story

Subsidy removal: FG, Labour form tripartite committee, fix eight weeks to wrap up palliative package

145

Union Congress of Nigeria (TUC) have fixed to eight weeks for the conclusion of negotiations over salary raise and palliatives over petrol subsidy removal.

However, on the part of the Organised Labour it has demanded that some “grey areas” in the vexed issues of subsidy removal should be addressed and dealt with before reaching an agreement on implementation framework to be adopted.

Persecondnews reports that the demands were part of the fall-out of the resumed negotiations held at the Presidential Villa, Abuja, chaired by the Chief of Staff to President Bola Tinubu, Mr Femi Gbajabiamila.

Briefing newsmen after the tripartite meeting, the Presidential spokesman, Mr Dele Alake, announced that a Presidential Proposal Steering Committee which has five sub-committees was set up.

Negotiation, however, continues today (June 20) with the sub-committees created – Cash Transfers, Social Investment Programme (SIP), Cost of Governance, Energy, Mass Transit and Housing – given eight weeks to conclude their assignment to hasten the implementation of the framework in cushioning the effects of the scrapping of subsidy on Nigerians.

Also briefing journalists, the TUC President, Festus Osifo, explained that the proposal steering committee is expected to come up with ideas on palliatives and salary raise.

“I am hopeful that the implementation will come to fruition because we are going to be part of it. We will monitor it closely to ensure it comes to fruition. In furtherance, the committee is expected to hit the ground running.

“We will also meet in seven days to compare notes on the achievements so far to ensure the timeline is met,” he said.

NLC’s Joe Ajaero, who demanded that the grey areas should be addressed, said an agreed membership of both the steering and sub-committees should be on a basis of 60 to 40 per cent.

According to him, it is imperative that they return to the normal mechanism in setting up tripartite committees in the past.

He assured that if the solutions and recommendations thrown up are adopted and implemented faithfully by the government, they would go a long way to cushion the fuel subsidy removal.

“There is a promising note that something may happen if we all sit down and look at the committees very well, and come up with solutions and recommendations to be adopted and worked on by the government.

“But along this stretch between working on the committee, making submissions and adopting them, the implementation becomes an issue because we know that committees have been set up before that came up with recommendations, but which were not followed. If they were followed, we would not be where we are today.

“For instance, we agreed before in the last administration on the issue of Compressed Natural Gas (CNG) and what to do. If they had implemented the CNG programme, we wouldn’t be here; Nigerians won’t be bothered because we have a substitute. It is the implementation of what has been suggested that is the issue.

“Work begins today, the nominees from the stakeholders from government and labour will be submitted today. We have eight weeks to conclude the assignment,” he said.

Attendees at the meeting included the Special Adviser on Special Duties, Communication and Strategy, Mr Dele Alake and Group Chief Executive Officer (GCEO) of Nigeria National Petroleum Company Limited (NNPCL), Mr Mele Kyari among others.

Leave a comment

Related Articles

Just in: Court denies Binance executive Tigran Gambaryan bail

A Federal High Court sitting in Abuja has denied the bail application...

No attempt to illegally use pension funds for infrastructure development – FG

Minister of Finance Wale Edun has refuted claims that the Federal Government...

FG opens student loan application portal May 24

The Federal Government has announced May 24, 2024, as the official date...

Just in: Tinubu, Senegalese President, in closed-door meeting at Aso Rock

President Bola Tinubu is in a closed-door meeting with the new Senegal...

Breaking: Pres. Tinubu inaugurates three milestone gas infrastructure projects in Delta, Imo States

President Bola Tinubu inaugurated three landmark projects on Wednesday, which include the...

Pres.Tinubu set to inaugurate Kwale Gas Processing Plant (GPP-1)

President Bola Tinubu is set to inaugurate the three critical gas infrastructure...

Gov. Fubara opens can of worms, says Wike’s projects debts gargantuan, killing

Rivers Gov. Siminalayi Fubara has opened up on the colossal debts handed...

FG plans performance-based salary scheme for its workforce

A new performance-related pay system for employees in the federal civil service...

Just in: Gov. Fubara to probe predecessor, Wike, inaugurates panel of inquiry

Barring last minute change of plans, Rivers Gov. Siminalayi Fubara, has indicated...

Tinubu at FEC meeting, orders MDAs to procure CNG vehicles

In a bid to harness Nigeria’s gas potential, President Bola Tinubu has...

Tinubu swears in two NPC commissioners

President Bola Tinubu has appointed two more commissioners to the National Population...

Presidency breaks silence on Rivers political crisis, says will be neutral but Rivers govt. must function

As the political crisis in Rivers State rages, President Bola Tinubu says...

Breaking: Rivers High Court Restrains Amaewhule, 24 Others From Parading Themselves As Lawmakers

The Rivers State High Court in Port Harcourt issued an interim injunction...

Prince Harry, wife arrive in Nigeria, pledge to promote Invictus Games

Prince Harry and his wife, Meghan Markle, have arrived in Nigeria for...

Breaking: Davido retires from music

David Adeleke, a.k.a. Davido, an award-winning Afrobeats sensation and master of the...

Reps ask CBN to suspend implementation of 0.5% cybercrime levy

The House of Representatives, during Thursday’s plenary session, has directed the Central...

Breaking: Ex-Aviation Minister Sirika, daughter, two others arraigned, granted N400m bail

A Federal Capital Territory High Court on Thursday granted Hadi Sirika, former...

Binance’s false bribery claim diversionary, says Information Minister

The Federal Government says it is aware of attempts by Binance to...

Breaking: Presidential aircraft’s technical fault forces VP Shettima to abort U.S. trip – spokesman 

A technical fault in the presidential aircraft forced Vice President Kashim Shettima...

Just In: FG not considering US-France military base in Nigeria, it’s false – Information Minister

The Federal Government has urged Nigerians to disregard the misinformation that the...