Labour body kicks against sale of national assets

chika ebuzor

September 26, 2016 10:24 PM

The group is expected to represent the interest of Nigerians and come up with developmental agenda.

NLC President, Mr. Ayuba Wabba

The Nigeria Labour Congress (NLC) on Monday in Abuja said that selling the country’s national assets is not an alternative option to addressing its present economic challenges.

The President of the Union, Mr Ayuba Wabba stated this while inaugurating the NLC-ASUU “Think- Tank Group’’.

The group, he said was expected to dialogue with the Federal Government on ways of addressing the country’s current economIc challenges.

The News Agency of Nigeria (NAN) reports that the NLC-ASUU think-tank group comprised a ten-man committee drawn from the different sectors of the economy.

The members of the committee include; Prof. Omotoye Olorode, Dr Dipo Fashina, Dr Muhammed Aliyu, Dr Muttaka Usman, Dr Isaac Nwaogwugwu, Dr Yemi Bangbose and Comrade Isa Aremu.

Others members are; Mr Sonny Atumah, Dr Peter Ozo-Eson and Comrade Hauwa Mustapha are also members of the committee.

Wabba said that the committee was specifically inaugurated to intellectually engage the Federal Government on issues of national importance.

“We have three ways of engaging government, the intellectual way, the NLC way which is protest, and we have lawyers that are ready to engage government.

“We are ready to follow through with all the three ways.’’

He, however, called on Nigerians to protect the nation’s assets by saying no to the sale of the country’s national assets as was being proposed by some individuals.

According to him, the nation’s national assets is all it has for the future generation, and urged the government to rather ensure the implementation of tax justice in the country.

This, he said would prompt the generation of funds for the development of the economy, adding that tax evasion and tax waivers should be discouraged.

“It is only the poor and the working class that pay tax in this country, but if the high and mighty pay tax then we will have more than enough to go round.’’

The NLC chairman urged the Federal Government to look into the country’s fiscal and monetary policy as well as take stock of the country’s assets.

He maintained that foreign exchange rate had not only added to the problem facing the country, but had also made few Nigerians wealthy.

He therefore, advised government to use available resources to drive economic development by embarking on projects such as building of roads and other infrastructure rather than investing in foreign trips.

Wabba added that there was also the need for government to block all forms of financial leakages, especially in the downstream sector.

Responding on behalf of other members, Olarode thanked the NLC leadership for inaugurating the committee.

He said that the committee was a way to enthrone the desired change, adding that it was poised to realising its objective.

chika ebuzor