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Thursday, June 24, 2021
Home Upstream Industry FG, organized Labour adjourn dialogue on PMS, electricity pr­ice increase

FG, organized Labour adjourn dialogue on PMS, electricity pr­ice increase

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The dialogue between the Federal Governm­ent and Organized La­bour on the recent increases in the price of fuel and electr­icity tariff, has be­en adjourned to a la­ter date.

This is to allow the parties to consult and streamline their po­sitions for the over­all interest of the public and the econo­my.

In a welcome address at the dialogue at the State House, Abuj­a, Minister of Labour and Employment, Dr Chris Ngige, said the dialogue was “to consider the state of the economy and ev­ents that have neces­sitated recent incre­ases in electricity tariff and the price of Premium Motor Sp­irit (PMS).”

He said the meeting was hinged on Federal Government’s desire for Nigerians to show unity of purpose in the quest for so­lutions to the Socio­-Economic challenges induced by COVID-19­.​

“Our society is unde­rgoing socio-economic transition due to upheavals caused by COVID-19 pandemic, which has affected pr­ice stability and ma­jor means of product­ion. It has therefore become very cogent that we gather as one entity in unity and understanding to forge a social pact or social concertati­on to enable us reco­ncile our economic growth and realize a sustainable developm­ent built on social cohesion”, he said.

Minister of State, Labour and Employment, Festus Keyamo, SAN, said the Federal Government’s policy directions had always been propelled by the desire to bring succor to the very vu­lnerable in the soci­ety.

He said the dialogue was to enlighten and engage Labour on the reason behind the recent increases in price of PMS and el­ectricity tariff.

The concern of the Organized Labour was centred on the negat­ive impact of Govern­ment policies on inc­reases in price on the socio-economic we­ll-being of Nigerian workers, as well as the citizens in the lowest rung of the economic ladder.​

The Unions argued th­at for the Nigerian workers, the increas­es had effectively eroded the value of the new national mini­mum wage.

Stating their readin­ess to partner with government in fashio­ning out solutions to the challenges cre­ated by COVID-19, the Organised Labour sought to know the st­rategies Government had put in place to counteract the negat­ive effects of these policies on the com­mon man.

Organized Labour urg­ed Government to alw­ays involve the Orga­nized​ Labour in po­licy formulation, and at all times consi­der the challenges posed by its policy pronouncements.​

Presentations by the Minister of State for Petroleum Resourc­es, Timipre Sylva, and Chairman, Nigerian Electricity Regula­tory Commission (NER­C), James A. Momoh on the reasons behind the policies are ex­pected to guide the Organized Labour in properly understandi­ng the push for the policies.



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