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NLC warns of dangers of sale of national assets, restates opposition to proposal

By News Express on 27/09/2016

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The Nigerian Labour Congress (NLC) has said it remains firm on its resolve to fight off recent calls that the country’s shares, along with other sovereign assets in the oil and aviation sectors, should be sold as a way of stemming the current economic recession.

NLC President Ayuba Wabba made this declaration at a news conference on Monday in Abuja, the nation’s capital city.

Wabba who expressed worry over the impending consequences likened the proposal to the once Structural Adjustment Programme (SAP), which he said failed to achieve its mandate.

He also said the Congress would explore viable options at its disposal to engage Government against the muted sale.

“We are therefore reinstating our position that we are opposed to the sale of those strategic assets in whatever guise in order to try to address challenges in the economy.

“We say this very patriotically and with the best of intentions because I think the consequences will be more grievous if we don’t take the necessary steps to protect those important assets.”

The NLC also inaugurated a 10 man NLC-ASUU Think Tank Committee on the current Socio-economic challenges in Nigeria.

Wabba, while addressing the Committee tasked them to come up with an alternative to the harsh economic realities in the country.

He suggested that the ‎alternative must be pro-people and not an alternative that will compound the lot of the citizenry.

Responding on behalf of the Committee, Omotoye Olorode‎ assured to leave no stone unturned in a bid to alleviating the plights of all working Nigerians.

He revealed that NLC is committed towards a conducive and favourable working environment for all Nigerians.

Members of The Committee Include: Dr. Dipo Fashina, Prof. Toye Olorode, Dr. Muhammed Aminu Aliyu, Dr. Muttaka Usman, Dr. Isaac Nwaogwugwu, Dr. Yemisi Bangbose,  Comrade Isa Aremu, Mr. Sunny Atumah, Dr. Peter Ozo-Eson and Comrade Hauwa Mustapha – Secretary.

•Text courtesy of TV360 Nigeria. Photo shows NLC President Ayuba Wabba.

Source News Express

Posted 27/09/2016 05:28:53 AM


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