FG-NLC Negotiation On Subsidy Ends In Stalemate

The New Diplomat
Writer

Ad

OPEC Rejects Media Reports of Major Output Hike Ahead of G8 Meet

OPEC has slammed the brake on speculation, flatly rejecting media reports that the G8 is preparing to hike crude oil production by half a million barrels per day. In a statement from Vienna on Tuesday, the OPEC Secretariat called the claims “wholly inaccurate and misleading,” stressing that discussions among ministers for the upcoming meeting haven’t…

Ranked: Countries Losing the Most (and Least) from Trump’s Tariffs

Trump’s tariffs are hitting all of America’s major trading partners. But in U.S. trade, what matters isn’t just the tariffs a country faces—it’s how they stack up against competitors. This visualization, made with the Hinrich Foundation, shows which countries are losing the most, and the least, from Trump’s tariffs. The data seen here is sourced from…

Emergency in Rivers: Romancing impunity?, By Ebun Olu-Adegboruwa 

By Ebun-Olu Adegboruwa, SAN “I urge every Nigerian home and abroad to try and live within the confines of the law of the land and the Constitution of the Federal Republic of Nigeria. If we are able to do just that, we will be sure of ensuring that peace and unity reign in the country.…

Ad

By Charles Adingupu

The ongoing negotiations between the Federal Government and organised labour hit a brick wall on Wednesday evening as the meeting ended without any agreement been reached.

The hours-long meeting which held at the Presidential Villa was to, among other things, prevent a labour crisis following the recent increase in petrol pump price occasioned by the discontinuance of petroleum subsidy.

The President of the Nigerian Labour Congress, Joe Ajaero, disclosed this at the end of the meeting. “As far as labour is concerned, we didn’t have a consensus in this meeting,” he said.

He faulted the Nigerian National Petroleum Corporation Limited over an official release published hours earlier, upwardly reviewing the petrol pump price in its filling stations nationwide.

He said the move puts the labour union in a difficult position on the negotiation table.

“That’s the principle of negotiation. You don’t put the partner, ask them to negotiate under gunpoint.

“The prayers of the NLC is that we go back to status quo, negotiate, think of alternatives and all the effects and how to manage the effects this action is going to have on the people, if it is an action that must take off.

“The subsidy provision has been made up to the end of June. And before then, conscious people, labour management, government, should be able to think of what will happen at the end of June. You don’t start it before the time,” Ajaero said.

On his part, Dele Alake, who spoke on behalf of the Federal Government said the negotiations are ongoing and the parties will reconvene on a yet-to-be announced date.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp