BusinessDay
NigeriaDecides2023

Labour urges FG to drop plan to hike electricity, petrol prices

The Organised Labour has appealed to the Federal Government to drop any plan to increase the prices of electricity and petrol to avert crisis in the economy.

Babatunde Olatunji, president, National Union of Chemical, Footwear Rubber Leather and Non-Metallic Product Employees (NUCFRLANMPE), made the appeal at 29th annual industrial relations seminar of the union in Ibadan on Monday.

The theme of the five-day seminar is ‘‘Socio-economic crises and COVID-19 Pandemic: Issues, challenges and way forward”.

According to Olatunji, any plan to increase electricity or petrol will be a wrong step and the organised labour will do everything within its capacity to resist it.

He said currently, power supply in Nigeria stood at 4,000 megawatts for about 200 million population compared to South Africa with 58,000 megawatts and 50 million population.

“Industrialisation cannot take place in the absence of power. Inadequate infrastructure like bad road network is also a challenge. From the source of raw material to the market areas is dilapidated, the roads network are no longer motorable,” he said.

The NUCFRLANMPE president said the governments at different levels needed to make the manufacturing sector to thrive by giving attention to factor that promoted industrialisation.

Read also: Transport fares still high as petrol price decreases, diesel increases in July

”Government should ensure adequate power, security of lives and properties as well as regulate multiple taxation and charges to allow manufacturing companies survive, thus promote gross domestic product (GDP) in the country,” he said.

The labour leader further said that the effect of socio-economic crises and COVID-19 pandemic on industrial relations was evidence in high number of job losses arising from redundancy and factory closure.

He said that the management of some organisations in a bid to maximise profit make staff to work for more than eight hours without overtime payment while many permanent employment are converted to casual.

He urged the management of affected organisations to treat all workers with dignity whether casual or permanent employment and also respect the International Labour Organisation’s law on workers right to form or join a union irrespective of their status.

Femi Oke, secretary, Chemical and Non-Metallic Product s Employers Federation (CANMPEF), advised the government to prioritise the sale of foreign exchange for manufacturers to boost production.

Oke also urged the government to curtail the inflation rate, stop the multiplicity of levies, prioritise infrastructure and improve security for the development of the nation.

He also called for collaboration and communication between employers and employees to ensure the survival of the organisation.

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