Business
Fuel Scarcity Adversely Affects Workers Productivity – NLC
The Nigeria Labour
Congress (NLC) has said that the reoccurring fuel scarcity in the country has affected workers productivity adversely nationwide.
The NLC President, Ayuba Wabba, made this known in an interview with newsmen in Abuja on Sunday.
Wabba said that the inability of the Federal Government to consistently handle the fuel scarcity had affected the economic development of the country.
“If you look at the scenario it is a reoccurring decimal, people are facing serious fuel challenges from one day to the other.
“This is affecting productivity, it also put workers on unnecessary and undue pressure because you know that the salary is fixed.
“Anytime there is an increase in any commodity either power or petroleum product certainly it depletes that available income at the disposal of the worker.
“So, it is workers that are at the receiving end and in that way you can see that the workers will begin to come late and the management will say you are coming late without making a redress on the alarm factor.
“Those are the clear issues and I think that government must look at the policies and tackle the situation head long,’’ he said.
He said government must fashion out medium and long term measures that would fix the problem holistically.
He noted that the issue of fuel scarcity had been on since 1999 and there was need for drastic action to be taken.
“It means that the prescription for solving the fuel situation cannot take us to the promise land.
“Then if it cannot take us to the promise land, why should we continue to do just a quick fix on this very major issue?’’
Wabba said there was need to resuscitate the refineries in the country as a way to remove untold hardship from the people and while boosting the Nigerian economy.
He said that the NLC had done an extensive research on the four refineries and findings revealed that the refineries could still be classified as new ones.
According to him, some of the refineries around the world are built in 1981, notability an Indian refinery that has stayed for over a 100 years.
“The argument that the four refineries in the country cannot meet our domestic needs is false.
“We have seen refineries that have lower capacity but through the process of upgrading and upgrading the capacity of refining were able to meet locally and international needs.
“So, if Kaduna refinery can be upgraded, Port Harcourt refinery, among others, their capacity of refining can also be upgraded and with adequate maintenance these refineries can work for over a 100 years.
“It is just that we are not doing what is right. That is why they are referring to our refineries as scrap.
product, this is the scenario.
“So, why is it so difficult for them to build those refineries in Nigeria where they are doing production for over 30 and 40 years.
“This is because of corruption. The Federal Government must wake up,’’ he asserted.
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
Transport
West Zone Aviation: Adibade Olaleye Sets For NANTA President
Business
Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
-
News2 days agoDon Lauds RSG, NECA On Job Fair
-
Niger Delta20 hours agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Nation22 hours agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Sports22 hours agoSimba open Nwabali talks
-
Transport23 hours agoNigeria Rates 7th For Visa Application To France —–Schengen Visa
-
Niger Delta22 hours ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Niger Delta20 hours ago
Students Protest Non-indigene Appointment As Rector in C’River
-
Oil & Energy23 hours agoElectricity Consumers Laud Aba Power for Exceeding 2025 Meter Rollout Target
