Strike: NANTS Urges NLC, TUC, To Show Understanding With FG | Independent Newspapers Limited
Newsletter subscribe

Latest News

Strike: NANTS Urges NLC, TUC, To Show Understanding With FG

Posted: May 17, 2016 at 9:28 pm   /   by   /   comments (1)
The National Association of Nigerian Traders (NANTS) has called on the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) to show understanding over the recent removal of oil subsidy by the Federal Government and bear with the government.
 At a media parley on Tuesday in Abuja, Ken
Ukaoha, President of NANTS, said that although Labour represented essentially by the Nigeria
Labour Congress (NLC) and the Trade Union Congress (TUC) has noted critical issues especially regarding the socio-economic impact of the price increase on the workers and the Nigerian masses, it should refrain from taking any extreme side that would rather complicate the situation and multiply the sordid effects that the price increase may bring on the Nigerian populace.
Ukaoha said, “It is true that many Nigerian workers are currently passing through hard and turbulent times occasioned by months of unpaid salaries even amidst rising market prices of commodities and particularly food items.
“It is equally true that the consequences of such unpaid salaries have been exacerbated by the alleged diversion of bailout funds by some
states thereby pushing the lives of many workers towards an unbearable mark.
“However, NANTS strongly believes that if the country must make headway, the state of the Nigerian economy which heavily depends on
the oil sector for revenue and especially the petroleum sub-sector which tends to determine the output of several other sectors must be
critically addressed as a priority given its place in national economic development. 
“While we are not attempting to hold any brief for the government, NANTS recalls with regret, that the precarious and pitiable state of the nation’s economy when the present administration took over.
“Given therefore that the oil sector is the major source of revenue, and coupled with its dwindling fortune overtime, it has therefore
become urgent for government to purge the sector of all leakages and wash her hands off all the activities of ‘masquerading thieves’ that
have characterised its operations till date.
“To us, the only way to do this is perhaps to do away completely with subsidy, and so, we applaud its disappearance from the 2016 budget.

Comments (1)

  • May 17, 2016 at 10:28 pm JamesIliya

    What nonsense by saying although we are not holding brief for the government? You people has more than a brief but taken side and even hold not brief but conference on behalf of the government.. My kin candid warning to you people is this, stop playing pranks with the Nigerians masses intelligence.

Comments are closed.