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Federal Government and Labour Agree on Eight-Week Timeline to Conclude Subsidy Removal Discussions


Federal Government and Labour Agree on Eight-Week Timeline to Conclude Subsidy Removal Discussions

Organised labour yesterday, demanded that grey areas must be addressed before reaching an agreement on implementation framework to be adopted as fallout of the petrol subsidy removal, while it agreed to eight weeks for conclusion of talks over subsidy removal.

This was the kernel of discussion as representatives of the Federal Government and leadership of the Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC), yesterday, met in resumed talks on petrol subsidy removal palliative.

The meeting, held at the Presidential Villa, was presided by the Chief of Staff to President Bola Tinubu, Femi Gbajabiamila, where a Presidential Proposal Steering Committee, which also had five sub-committees, was formed.

The negotiation continues today 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 effect of petrol subsidy removal on Nigerians. Nominees to the committees would be made known today.

NLC President, Joe Ajaero, who mentioned the grey areas that needed to be addressed, said representations on the committees should not be lopsided. He said an agreed membership of both the steering and sub-committees should be on a basis of 60 to 40 per cent. He said it was important they return to the normal mechanism done 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.

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