At the 28th annual National Management/Industrial Relations Seminar, Nigerian labour leaders voiced their concerns over the severe economic difficulties faced by workers due to fuel subsidy removal and rampant inflation.
The seminar, running from Monday to Wednesday, is themed “Creative and Innovative Strategies To Manage Worker’s Expectations and Reality In a Challenging Economy”.
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Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to CanadaDuring the seminar’s opening ceremony, these leaders highlighted the dramatic increase in transportation costs and the soaring prices of food, significantly impacting the daily lives of workers.NYSC Portal
Despite acknowledging the Federal Government’s attempts to alleviate the effects of fuel subsidy removal, the leaders stressed that these measures were insufficient.
Comrade Segun David, National President of the Chemical and Non-Metallic Products Senior Staff Association of Nigeria, which organized the seminar, remarked on the inadequacy of workers’ salaries, stating that their earnings barely cover their commute to work. He urged the new administration under President Bola Tinubu to intensify efforts to enhance the welfare of Nigerian workers amidst these challenging times.
David emphasized the need for workers to develop strategies to manage their expectations in light of decreasing incomes and the harsh economic reality. He pointed out that employers are grappling to adjust to the government’s policies, particularly the fuel subsidy removal, which has made the cost and ease of doing business increasingly difficult.
The seminar serves as a platform for discussing and devising solutions to the complex challenges facing workers in Nigeria’s current economic climate. It reflects the growing need for innovative approaches to ensure the well-being of workers and sustain businesses in a rapidly changing economic environment.JAMB Result
