https://www.youtube.com/watch?v=_9NPNf5Uopk

A former governor of Edo State, Adams Oshiomhole, has expressed confidence that issues arising from the removal of fuel subsidy will be quickly resolved between the Federal Government and the organized labour.

Oshiomhole, who was a guest on Channels Television’s Sunday Politics, said that President Bola Tinubu recognizes the impact the withdrawal of fuel subsidy is having on Nigerians and is determined to take immediate action to cushion it.

“This president recognizes that the effect of the withdrawal is already here, people are already going through some level of discomfort and therefore there has to be an immediate solution to it.

“Now that immediate solution is what we discussed and the fact that we are meeting on Tuesday again shows that clearly, we realize that this is not one of those things you want to buy time because it has a real negative impact, on particularly, the most vulnerable group.

“But we have a solution to it because you are going to make savings, so take from that savings or even if it is borrowing. So, whatever it is, you can leverage some revenue and improve wages to cushion the cost of living, I think it is legitimate, I think it is doable, it is not something that you want to spend two to three months negotiating,” Oshiomhole said.

The former Nigeria Labour Congress (NUC) president was part of a meeting between the Federal Government and the Trade Union Congress (TUC) on Sunday and he said the meeting was productive, adding that the government will consider all the demands by the TUC and revert on Tuesday.

He said that if Nigeria can save about N7 trillion by ending subsidy, the Federal Government can take part of that money and put in the wage sector “because those savings will go into the federation account which will be distributed among the three tiers of government and so every tier of government will have more money and should be able to meet the consequential increase in wages”.

meum:
But GEJ didn’t have Abi?

Me I feel this subsidy removal was rushed. All in an attempt to appear presidential on Inauguration Day & may be deliver on an election promise I guess.

I believe a good leader is proactive rather than reactive. Measures should have been put in place to cushion the effect(s) of the removal. Whatever solution he has should have been in place at least to a certain level(while Nigerians await full implementation) before the announcement of the removal by end of June as planned for by the outgone administration. I believe government is a continuum much more one that is of course he same party.

Ihateheadslamer:
Good luck Jonathan allowed himself to be used for not being man enough to make decisions on his own during his tenure

LeoDeKing:
It appears the only solution to this issue of fuel subsidy removal is increase in wages.

But when wages are increased, prices of commodities will respond in the usual language which in effect dampens the increase in wages.

NLC will then start negotiating for another salary increase and if govt obliged again, the cycle is repeated.

We expect govt officials to be resourceful rather than simply following popular demands for wage increase as that will in effect portray them as just empty opportunists struggling to just control the resources.

Get experts in relevant fields to address this issue, I don't subscribe to increase in wages.

MrNotAgain:

https://www.youtube.com/watch?v=_9NPNf5Uopk

A former governor of Edo State, Adams Oshiomhole, has expressed confidence that issues arising from the removal of fuel subsidy will be quickly resolved between the Federal Government and the organized labour.

Oshiomhole, who was a guest on Channels Television’s Sunday Politics, said that President Bola Tinubu recognizes the impact the withdrawal of fuel subsidy is having on Nigerians and is determined to take immediate action to cushion it.

“This president recognizes that the effect of the withdrawal is already here, people are already going through some level of discomfort and therefore there has to be an immediate solution to it.

“Now that immediate solution is what we discussed and the fact that we are meeting on Tuesday again shows that clearly, we realize that this is not one of those things you want to buy time because it has a real negative impact, on particularly, the most vulnerable group.

“But we have a solution to it because you are going to make savings, so take from that savings or even if it is borrowing. So, whatever it is, you can leverage some revenue and improve wages to cushion the cost of living, I think it is legitimate, I think it is doable, it is not something that you want to spend two to three months negotiating,” Oshiomhole said.

The former Nigeria Labour Congress (NUC) president was part of a meeting between the Federal Government and the Trade Union Congress (TUC) on Sunday and he said the meeting was productive, adding that the government will consider all the demands by the TUC and revert on Tuesday.

He said that if Nigeria can save about N7 trillion by ending subsidy, the Federal Government can take part of that money and put in the wage sector “because those savings will go into the federation account which will be distributed among the three tiers of government and so every tier of government will have more money and should be able to meet the consequential increase in wages”.

Source- https://www.channelstv.com/2023/06/04/fg-has-solution-for-impact-of-subsidy-removal-oshiomhole/

Mynd44 Nlfpmod Lalasticlala

slawomir:
Damnnn niggar

Oshiomhole should shut up

I pity no Nigerians anymore

Not until we start stepping into the polling unit without sentiment and tribalism


Have been reading some people's comments on nairaland here regarding the removal of subsidy

I can say the tribalism in us is fully out

Imagine this same subsidy removal we all protested against in 2012 is now what some people refer as south east and south south protest in 2023

Wealthoptulent:
BAT jus 1 week old n u want him to build n complete mansion in a MINUTE.

LeoDeKing:
It appears the only solution to this issue of fuel subsidy removal is increase in wages.

But when wages are increased, prices of commodities will respond in the usual language which in effect dampens the increase in wages.

NLC will then start negotiating for another salary increase and if govt obliged again, the cycle is repeated.

We expect govt officials to be resourceful rather than simply following popular demands for wage increase as that will in effect portray them as just empty opportunists struggling to just control the resources.

Get experts in relevant fields to address this issue, I don't subscribe to increase in wages.

magoo10:
Tinubu sent agberos

NwaNimo1:

gentlesmithugo:
mugu,u want another person to give u idea.so that later u will start boosting with it.let that drug lord use his sense