Nigeria: How New ILO Standard Can Tackle Informal Economy Trap –Kaigama | Independent Newspapers Limited
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Business, Labour & Employment

Nigeria: How New ILO Standard Can Tackle Informal Economy Trap –Kaigama

Posted: Jul 3, 2015 at 12:16 am   /   by   /   comments (0)

By Sylvester Enoghase –  Lagos


Due to the fact that  millions of workers in the country suffer from poor working conditions and a lack of rights at work, the President of Trade Union Congress (TUC) Comrade Bobboi  Bala Kaigama  has called on the Federal Government to take advantage of the  new international labour standard that was adopted by the 104th International Labour Conference to tackle the low level of  employment, inadequate social protection, poor governance and low productivity in the Country.

He noted that these  are some of the obstacles that workers and enterprises face when caught in the informal trap.

Kaigama said the new international labour standard is necessary because it offers for the first time guidance to member States on how to facilitate transition from the informal to the formal economy.

The TUC President, who argued that the new international labour standard on targeted employment intensive investments can also facilitate the transition to formality, noted that the very effective employment programmes undertaken in South Africa during the recent global financial services can be taken by the Government as a case study.

He noted that the aim of the new labour standard is three-fold: to facilitate the transition of workers and economic units from the informal to the formal economy, to promote the creation of enterprises and decent jobs in the formal economy, and to prevent the informality of formal jobs.

He said: “Our concern is not just about adopting a new Recommendation; it’s actually putting it into practice that will matter.

“We are worried  that isolated approaches which address only one aspect of informality usually have limited results because successful country experiences in tackling informality were based on an integrated approach”, he added.

He noted that the new recommendations  based  on the lessons learnt from these successful strategies, provide policy guidelines to help in formulating and implementing an integrated policy framework to facilitate the transition to formality, and ensure that the framework is included in national development strategies.

“We call on Government to take this call serious because the informal economy in Nigeria  is huge as it absorbs more than half of the workforce which includes more than 90 per cent of small and medium sized enterprise,s” he said.